Giving a position on the table to unionists in companies of 10000 employees is not unheard of. Giving a position on the table to unionists in companies worth more than 100M$ net worth is something new altogether.
And while stocks-as-payment and worker-owned companies do exist,
they are not mandatory and
is a form of payment, not a bonus. Back in the 60s, the Public Power Corporation (ΔΕΗ) of Greece offered stocks to employees to get funds and is now partially owned by employees. But that was not a law that encompassed all companies, and prior to the partial buyout by the employees PPC was a
public company, not private company. It was more like getting a loan from the employees.
Sanders wants it to be
compulsory, not an option. Also, Sanders wants the stock to be covered by the company's profits, not the salaries of the employees.
Example: You start a business with 3 more investors. After 10 years of hard work, that business surpasses 100M$ revenue. Oh oh, bad news. Now you're forced to give 2% per year to the employees, and that cost is covered by the company. You can't tell the janitor that half his salary will now be stocks. Noooope. You just hand stocks to the janitor. Now, if the janitor sells those, you have to keep coughing out stocks to the employees until they own 20%. If they sell them to your competitors? Sucks for you. You have to keep giving out stocks till employees own 20%.
https://www.bloomberg.com/news/artic...nance-overhaul
"Under the Sanders plan, companies would be
required to provide at least 2% of their stock to workers annually until employees have 20% ownership, by issuing shares and through new “employee ownership funds” that would gain rights similar to those of institutional shareholders."
"Sanders’s requirement for 20% stock ownership would apply to all publicly traded firms, corporations with at least $100 million in annual revenue or $100 million on their balance sheet."
Then, we have this rhetoric: “We will give workers an ownership stake in the companies they work for. And we will start breaking up some of the largest and most powerful companies in America to lower prices for consumers, help small business and make markets competitive.”
So... nope, not applicable examples. Sanders is WAY more left than those German lefties.
Earth to mayor MIB: Please contact ground control, the commies are coming and you are supporting them.
I will not go into details on how
disastrous the ΔΕΚΟ have proven to be and how PPC's union has a vicegrip on the government's throat.