More than ESOP
Worker ownership comes in several forms: • WORKER CO-OPERATIVE (every worker is a voting member). • EMPLOYEE-OWNED TRUST (UK/IE model, workers own through a trust). • EMPLOYEE OWNERSHIP via shares (ESOP-like models). Evidence is strong: worker-owned firms in Europe show higher productivity, lower turnover, and better resilience during downturns. Mondragón Corporation (Basque Country) is the best-known example, with 70,000+ worker-owners.…