ABSTRACT

Every employee, wherever he is employed, should be able to derive some benefit from the system, to take part in administering the funds and to enjoy the fruits of their yield. The forms of enterprise which are to be included in or excluded from the system of funds can in the main be determined on grounds of principle and ideology. The question of the size of enterprise below which no allocation of profit need be made to the system is a much more open one. In addition to the clear-cut categories of ownership which people think should in principle be excluded from the system of funds, there are frequently mixed forms of ownership, such as firms which are jointly owned by consumer co-operatives and private shareholders. Companies with a small staff may be quite capital-intensive, and should contribute to the accumulation of the funds.