Employee Ownership in Republican Platform
Executive Director
The 2012 Republican Party platform, We Believe in America, explicitly endorses employee ownership:
Republicans believe that the employer-employee relationship of the future will be built upon employee empowerment and workplace flexibility, which is why Republicans support employee ownership. We believe employee stock ownership plans create capitalists and expand the ownership of private property and are therefore the essence of a high-performing free enterprise economy, which creates opportunity for those who work and honors those values that have made our nation so strong.
There has been essentially no reaction in the press to this part of the Republican platform, other than a left-leaning news site that mistakenly referred to the Republican platform as supporting stock options. The platform of the Democratic Party, released on Monday, does not make any reference to employee ownership.