The “shares” must be mainly reserved for the active personnel of the company and granted on the basis of merit: “through the effective action of an employee, manager or director”. They should be a “right” of co-ownership of the workers in “their” group and be the result of duty performed. Introduction of a double responsibility for “all” individuals composing the company group: motivation as co-owners and motivation as co-beneficiaries… it will be necessary to roll up one’s sleeves in case of a deficit.
The entrepreneur(s) will own a “share” of shares which will give them the power of “management-direction”.
Trade union or co-ordination, personnel department, and ‘transparency’, will be responsible for maintaining close links between – employees – managers – contractors.
The capital accumulated by an individual should be used to create a new business in which he or she would be an “active entrepreneur” or be placed in a “social bank” or be spent on the “needs” of the person.
The “shares” will be kept during “retirement” as a pension supplement or sold back to the company for further redistribution. Sold, for example, to “retirees” (outside the company) as a supplement to their retirement. “Retired shareholders” inside and outside the company who can, if they wish to remain active, act as advisors and bring their experience to the younger ones.
Part of the shares could be sold by the company to shareholders (outside the company) with a ban on speculative resale (co-owner-dividend shares). With the stock exchange abolished, there is no longer any way to play on the value of the share, the only real profit for shareholders is the profit of the company (liquidation of speculators for the benefit of entrepreneurs).
Any entrepreneur who wants to sell his company must first offer the sale to his (shareholders’) employees and managers, before an ‘active entrepreneur’ can benefit from the offer.