Why is employee ownership not more popular?

The University of Leeds published some research on employee owned businesses (http://bit.ly/xgnd77), highlighting their success, especially during the current economic difficulties.  It makes me ask the question as to why they are not more popular?  The logic for employee ownership is compelling; it clearly aligns the interests of capital and labour, so why so little take up?  I shall ponder this one further…..

Nick

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