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worker capitalism

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Financial Dictionary

worker capitalism

A system in which employees own part or all of the firm for which they work. Proponents of worker capitalism believe employees will be more productive if they have a stake in the profits resulting from their labor. Employee Stock Ownership Plans were developed on this premise.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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