Question
Watch the following PBS Newshour video that details the New Belgium Brewery Company which is owned by its workers: http://www.pbs.org/newshour/bb/brewery-workers-pour-hearts-business-given-stake/ (Links to an external site.)
Watch the following PBS Newshour video that details the New Belgium Brewery Company which is owned by its workers:
http://www.pbs.org/newshour/bb/brewery-workers-pour-hearts-business-given-stake/
(Links to an external site.)
Links to an external site.
Write two paragraphs answering the following questions:
1. Whether or not you believe productivity would go up, down, or stay the same in an enterprise where the workers are owners versus a traditional workplace. How would this affect GDP, inflation, and other macroeconomic variables?
2. Some of the deleterious effects of modern corporations such as pollution, worker degradation, income inequality, etc., and analyze whether or not worker ownership would solve, worsen, or leave unchanged any of the problems that are associated with traditional workplaces.
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