Liberty Workforce is a new form of business. where workers and owners share together the governance, work, risk, and reward of enterprise. It liberates the workers and engages their passion in achieving success for the business while preserving the property rights of the owners. It puts both the owners and the workers on the same team.
Capital for the business is obtained through conventional sources rather than through the investments of its workers. Instead, the workers put their compensation at risk to secure their right to share governance of their workplace. In Liberty Workforce, owners are almost guaranteed at least an average profit each year and workers are guaranteed a share of the profits. The workers manage their own work. Workers and owners together determine whether there will be any large workforce changes such as layoffs or plant closings. Liberty Workforce will yield higher performance, greater prosperity, and lower societal costs.
The full presentation above is 52 minutes long. If you are short on time, skip to the presentation summary at 45:04.