The union could hold shares in a trust, pledging not to sell. Then vote with the... | Hacker News

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		DylanDmitri 11 months ago \| parent \| context \| favorite \| on: Do U.S. ports need more automation? The union could hold shares in a trust, pledging not to sell. Then vote with the shares, and distribute any dividends through to the workers.

gruez 11 months ago | [–]

How does that fix the issue? For every marginal dollar the workers would rather receive the entirety of that (through wages) than for that same dollar to be paid out as profit to shareholders, of which they'd only get a fraction.

nocoiner 11 months ago | [–]

I think you’ve just invented the ESOP.

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