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....It's not for business to exist for the pleasure of it's employees. It is a fantasy to think that is true. It is a fantasy to think that kind of employment environment can be created. ....
Businesses exist for the pleasure (or necessity) of the owners. If the owners are the employees, then the business exists for the pleasure of the employees. That is the case with many very small businesses and cooperatives. Forming worker-owned cooperatives is a way we can balance the need for adequate profit with the welfare of the workers. The difficult part is developing good processes for selecting the members and for making policy decisions.
One example: Photography company Lifetouch is 100% employee owned, has 25,000 employees and has been in business since 1977. (38 years)
The Employee Ownership 100: America's Largest Majority Employee-Owned Companies