This will build a base with which to launch cable TV channels and radio networks. You should talk to my union about getting into our plan. It can save you a lot of money and deliver better services and benefits. On that day, you've made the boss a union member. The dangers to corporate power inherent in allowing workers total control of their own money became so apparent that it was outlawed by the Republican congress which came to power in 1947.
Management has forever after retained influence over vast sums of employee benefit money.
Starting in the Reagan 1980s, unscrupulous corporate raiders began to take advantage of those antique flaws in the law. They ruined lives by skimming billions from pension funds and leaving aged workers to starve in poverty. That vulnerability still exists. Workers should not only be able to democratically control their own money, but also should be able to freely invest it in their own companies. Employees should not be able to take over only when the company has no other choice but folding, as in the case of many steel mills.