Welcome to Equitable Principles: Highlighting individuals and organizations that display equitable principles and fight for a just apportionment of profits between labor and capital.
Check to our blog for news and commentary.
Initially labor and capital had been partners in creating a business, but that is not what is currently practiced in American capitalism. Now only those who contribute capital, and have therefor been deemed owners (in the current state of capitalism,) are entitled to any profits.
Those who possess capital reap all profits, outright stealing the fifty percent that belongs to labor. The equitable solution then is for workers to also be owners — and have a voice in directing the course of the profits of their labor. Currently ESOPs and co-ops are the most common methods for achieving this, but basic profit-sharing, which predates the current conception of capitalist thought, still exists.
Notably, worker cooperatives extend democracy into the workplace, an important concept which creates individual empowerment.
Please use the links on these pages to educate yourself on employee ownership, and the fight for a just apportionment of profits between labor and capital.