Welcome to Equitable Principles. Here we highlight individuals and organizations that display equitable principles and fight for a just apportionment of profits between labor and capital.
Initially, the myth was that labor and capital are partners in creating a business, but that is not what is practiced in today’s US capitalism. Today, only those who contribute capital, and have therefor been deemed owners, are entitled to any profits. Those who actually create the profits are merely tools, human resources, that are owned by the investors and have no rights to the profits. The equitable point of view is that the two groups of humans, investors and employees, each have an inalienable human right to a share of the profits. Just as in a marriage, equitable distribution, legally, morally, and ethically, requires that each of the humans has a right to share in the distribution of any profits that accrue to the whole by the actions of any member of the entity.
But, more often, only those who invest capital reap all profits, figuratively stealing the fifty percent of the share of profits that belongs to labor, those who invest their lives. An equitable solution then, as a work-around to an unjust system that applies laws haphazardly in favor of investors, 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 anti-labor conception of capitalism, still exists.
Notably, worker cooperatives extend democracy into the workplace, an important concept which creates individual empowerment and actual democracy.
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.