4.6 • 643 Ratings
🗓️ 6 April 2025
⏱️ 34 minutes
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0:00.0 | To understand the economy, you have to understand human nature. |
0:06.6 | This podcast is powered by ACAST. |
0:12.7 | How are you doing there? |
0:13.8 | It is time for the podcast, and this is a special one, |
0:16.4 | because we're going to be talking, John, about a new notion, |
0:19.8 | which is called Employee Ownership Trusts. Now, what this is, John, about a new notion which is called employee ownership trusts. |
0:23.0 | Now, what this is, John, what this is, is it imagines a future where workers become shareholders |
0:28.8 | in their own businesses. And it imagines a future where the key to unlocking that's innovation |
0:34.3 | and productivity and resilience wasn't just technology or management, |
0:39.0 | but the very fact that workers own the gig themselves and therefore they use more of |
0:46.0 | their own noggin to get things done. That's a really, really interesting idea. |
0:50.5 | Yeah, look, it sounds brilliant, it's really interesting. It's like a really novel approach. |
0:54.4 | Yeah, and it's taking, I wouldn't say things by storm, but it's gradually becoming |
0:59.1 | on the radar screen, right? |
1:01.1 | Now, leading to change in Ireland is a company called Wolfgang Digital, which is the |
1:04.9 | first company to make the leap. |
1:06.9 | We're going to be speaking just now, John, to Alan Coleman, the CEO of Wolfgang Digital, |
1:12.4 | to explore how employee ownerships can transform companies, can empower workers, can get people |
1:18.4 | to work smarter, not longer, and can even change capitalism itself. |
1:23.0 | So let's get right into it. |
1:25.8 | Now, in the later part of the 19th century, a chap called Karl Marx talked about workers, |
1:32.5 | the proletariat, ascending the heights. |
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