An alternative to “shareholder capitalism”

The U.K. Labour Party has a plan:

The Corbyn project dates to September 2018, when John McDonnell, Labour’s leading economic policymaker, proposed that British corporations be required to establish “Inclusive Ownership Funds” (IOFs). These would grant employees of large companies 10 percent of their employer’s shares, the right to a share of economic profits, and a voice in corporate governance. The plan would create employee trusts, where employees are granted equity shares collectively as a right of employment, which they do not have to pay for and cannot sell. The funds would give employees a collective voice in electing the board of directors and would ensure that employees participate in the wealth created as a corporation’s shares appreciate.

Read more about it here.