ABSTRACT

In the previous chapter we discussed the method of accumulating the funds out of appropriations from company profits. We shall be concerned in the next chapter with the detailed uses of the income from the funds, but we would stress at this juncture that in fact we propose no formal limit to the beneficiaries from the funds. Every employee, wherever he is employed, should be able to derive some benefit from the system, to take part in administering the funds and to enjoy the fruits of their yield. It is true that there is obviously some limitation, in the sense that it is only the employees of profitable companies who will be able to acquire a direct influence within their own enterprises through the rights which the allocations of shares bring; but we expect that in due course this influence will spill over into a more democratic process pervading the whole of our economic life.