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What are ESOPs? ESOPs--Employee Stock Ownership Plans--are a form of veiled ownership by management where nominal ownership is by the workers. A study by Business Week2 showed that in early 1985 there were already 7,000 companies which had enrolled nearly 10 million workers into ESOPs. In the 1970s…

Great changes in strategic and tactical approaches develop slowly. They are most often the product of a long line of evolutionary development which includes not only phases of slow growth but leaps and giant forward strides.

The first such struggle was for the right "to think unthinkable thought…

Once the workers are frozen into the capital-labor relationship, once that is dogmatically accepted as the permanent condition of the workers, once this business of a fair day's work for a fair day's pay is the conception, it inevitably follows that the workers must make concessions regardless of w…