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Other sports leagues have been similarly reluctant to allow a broad ownership, and must approve any drastic change to a team's structure.
One way to prevent this from producing an unhealthy class divide is to facilitate broad ownership of capital.But Mr Salmon hasn't managed to convince me that this recent trend is actually a threat to American capitalism.
The authors argue that America's founders put priority on shared rewards and the broad ownership of capital, and were not afraid to use the federal government to advance them.
A Quebec court, at Air Canada's urging, upheld a law that bars any one investor from holding more than 10percentt of the airline's stock -- a condition meant to ensure broad ownership when the government sold it to the public in 1988.
Broad ownership of stocks and land is the core of a strong, politically and civically engaged middle class.
This document offers moderate but still visible momentum forward and encourages broad ownership of the responsibility to confront climate change, both of which were nowhere to be found in the aftermath of the same global meeting, five years ago.
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He argued Southerners preferred broader ownership on property and more constraints on the marketplace.
He spoke of giving Cubans the right to sell cars and homes but ruled out broader ownership of property.
Hobby Lobby is a large, but family-controlled, company; now other companies, with broader ownership groups, are claiming the right to impose their religious beliefs on their employees.
Wealth redistribution through steeper inheritance taxes, promotion of broader ownership (e.g., greater worker ownership), and socialization or redistribution of capital and land equally to all citizens are ways to reduce income inequality indirectly, as they will equalize the unearned income that derives from ownership of wealth.
An alternative (or maybe complementary) policy might be to encourage broader ownership of capital, either as part of standard labour compensation or in lieu of some other income subsidy.It's not a sure thing that labour's share will keep dropping.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com