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Every company should be owned by its employees

Central States Manufacturing as a model for employee-ownership.

After Boeing famously rushed the rollout of its 737 MAX aircraft to meet quarterly expectations, fatal crashes and safety concerns killed 346 people and cost the company . I’ve mentioned before that I do not think the answer to our wealth disparity is to “ tax the rich.” Don’t take Jeff Bezos’ money and give it to the government, better distribute Amazon’s earnings among its employees—not just to its founder. Carpenter sailed into the sunset with a nice retirement package even as he allowed his employees to start building their own, and I don’t see why every founder shouldn’t do the same.

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