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originally posted by: AboveBoard
A potential solution would be to create manufacturing cooperatives. These are businesses owned in near-equality by the workers, so they are not feeding profits to shareholders other than themselves, they are in charge of creating their own safe work environment, they are paid equally within parameters of their job's worth minus the exorbitant executive costs, etc. How does this help those in the cooperative? Well, it doesn't help those wanting to make large sums as the 'bosses' but it does help spread the wealth and responsibility to the workers as a whole. They are democratic organizations with "one man one vote" principles and agreed-to structural rules.
US Federation of Worker Cooperatives Site
Link to search engine at US Federation of Worker Cooperatives
Most of the cooperatives seem to be small businesses, which begs the question whether or not this model would work in a larger company.
Anyway - just brainstorming here...
Actually it wasn't setup that way because we wouldn't be fixing it if it was.
Ok I've been authoring, reading, and participating in discussions about the state of the economy and education in the US. Now I have a solution.
First things first...
We need to manufacture goods bought by Americans IN America. This will do a few things. It will increase the value of the dollar in other countries as we circulate more of the money within our own borders. Secondly it will help build the middle class by bringing manufacturing back to the U.S.