What If Workers Sat On Corporate Boards?
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In the U.S., a company's board of directors is typically made up of people elected by shareholders — they represent shareholder interests, AKA maximizing profits. But in parts of Europe, the law mandates companies have a mix of workers and owners on their boards, so workers have a voice in the big decisions a company makes. It's called co-determination and now some Democratic presidential hopefuls, including Senators Elizabeth Warren and Bernie Sanders are pitching it as a plan for U.S. companies.
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