The primary reasons for this, I think, are fairly simple. For one, Gates says many companies have succeeded using a different model and are reluctant to change. But maybe more importantly, Gates says, the American people aren't asking for more ownership. He says historically, economic policy has always focused on jobs. Politicians win votes by bringing jobs to their districts.
Unions push for job security and higher wages.
But Gates says if the public starts demanding ownership as well as jobs, that could create incentives for politicians and employers to move the U.S. economy in that direction. Chris Arnold, NPR News, San Diego, California. Please include program name, date and subject.