Traditional thinking on employee ownership held that employees would sacrifice long-term gains for short-term rewards, which is why economists consulting in post-Communist Eastern Europe disparaged worker ownership.
It was generally believed that employees often choose short-term benefits.
mnli hypothesis: It was generally believed that employees often choose short-term benefits. premise: Traditional thinking on employee ownership held that employees would sacrifice long-term gains for short-term rewards, which is why economists consulting in post-Communist Eastern Europe disparaged worker ownership.