Try QuoteGPT
Chat naturally about what you need. Each answer links back to real quotes with citations.
Research by the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University has found that employee ownership boosts compa… - Bernie Sanders
" "Research by the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University has found that employee ownership boosts company productivity by 4 percent, shareholder returns by 2 percent, and profits by 14 percent. This is a case where discarding the old uber-capitalist models and trying something new is good for workers and good for business. That's one of the reasons why I made employee ownership a big issue in my second presidential campaign. Under the plan that we developed during the campaign—and which I have since used as a basis for legislative proposals—corporations with at least $100 million in annual revenue, as well as all publicly traded companies, would be required to provide at least 2 percent of stock to their workers every year until the company is at least 20 percent owned by employees. This would be done through the issuing of new shares and the establishment of Democratic Employee Ownership Funds. These funds would be controlled by a board of trustees directly elected by the workers, and that board would have the right to vote the shares in the best interest of company employees—in the same way that other institutional shareholders vote their shares. The shares would be held in permanent trust for the workers, and so, while they have increase in value, they wouldn't be sold to speculators. But employees would benefit from the increased value through dividends paid directly to them.
English
Collect this quote
About Bernie Sanders
Bernard Sanders (born September 8, 1941) is an American politician who has served as the junior from Vermont since 2007. The for the state's at-large congressional district from 1991 to 2007, he is the longest-serving independent in U.S. congressional history and a member of the Democratic caucus. Sanders ran unsuccessfully for the 2016 and 2020 Democratic nomination for president.
Also Known As
Birth Name:
Bernard Sanders
Alternative Names:
Sen. Bernie Sanders
•
Bernie
•
Bernard "Bernie" Sanders
•
Senator Bernie Sanders
•
Senator Sanders
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Additional quotes by Bernie Sanders
Republicans are constantly on the watch to exploit grievances. And what of Democrats? Do they counter the GOP strategies that deflect attention from the real sources of pain and frustration among working-class voters of all backgrounds? Ask yourself: What is the overall message of the Democratic president, Democratic congressional leaders, and the Democratic Party leaders? If Republicans have defined minorities or immigrants or gay people as "the enemy," and "the problem," who are Democrats calling out as the real culprits? Who are Democrats holding responsible for the pain that so many Americans are experiencing? It's not enough to simply say that the Republicans are engaging in ugly politics when they target immigrants, women, people of color, and the LGBTQ community. It's not enough simply to say that Trump and his followers are extremists who do not believe in democracy and the rule of law. Democrats should be making it absolutely clear that the people the Republicans take their money from, and the people whom Republican policies serve—the very rich and the very powerful individuals who seek an America where uber-capitalism defines every aspect of our economy and of our society—are the problem. There is a reason why Republicans oppose saving the planet, oppose taxing the rich, oppose regulating corporations. And oppose responding to inflation by addressing corporate price gouging and profiteerring. They are delivering for their billionaire donors and their corporate sponsors. Pure and simple. Democrats should be making it clear that they are prepared to challenge the rich and powerful on behalf of the working class. This will resonate with the American people in ways that the GOP lies never could. Unfortunately, this economic justice message is rarely if ever delivered by the Democrats. And that has a lot to do with our broken campaign finance system and Democrats' dependency on campaign contributions from the wealth and powerful.
Further, we pay, by far, the highest prices in the world for prescription drugs with nearly 1 out of 4 patients unable to fill the prescriptions their doctors write. Despite spending more than twice as much on healthcare as the average developed country our health outcomes are worse than most. For example, our life expectancy is about 4.5 years lower than Germany’s and we have the highest infant mortality rate of almost any major country on earth. While the current system is not working for ordinary Americans, it is working VERY well for insurance and drug companies and their CEOs. Last year, the six largest health insurance companies in America made over $60 billion in profits, led by the UnitedHealth Group, which made $24 billion in 2021. The CEOs of 178 major health care companies collectively made $3.2 billion in total compensation in 2020 – up 31% from 2019.
Well, Secretary Clinton, you're not in the White House yet. And let us be clear that every proposal that I have introduced has been paid for. For example, all right, who in America denies that we have an infrastructure that is crumbling? Roads, bridges, water systems, wastewater plants, who denies that? Who denies that real unemployment today, including those who have given up looking for work and are working part-time is close to 10 percent? Who denies that African-American youth unemployment, real, is over 50 percent.
Loading...