Show that bane of every constructive business the cheap politician by P PROF T N CARVER ER harvard the demagogues and bolshevists are being awing driven to vie the woods and labor is putting the boss to work for it through employee ownership of businesses throughout tho the united states As a result american labor leads the world public service corporations show a higher tendency than any other single class toward employee ownership one reason for this is probably because in no other class of business does docs the ill will of the public prove so dangerous 0 the politician from his aerial lookout is always watching for evidences of a popular discontent in the case of public service corporations lie he has a peculiar hold upon the business in a democracy we cannot get rid of the politician the only alternative is so far as possible to substitute resident ownership for absentee ownership the attempt to combine employee with customer ownership may have its difficulties the interests of customers and employees are sometimes ill in conflict this may lead to complications and stimulate p party arty politics among among the shareholders but we may well run the risk of this if we wn can 0 only avoid the menace of that bane of every constructive business the cheap politician |