Members would be sharing, (just like costco) Alternatives: let employees have formal power or own that power (today"s objectives: know ) Two additional ways of giving employees more power to reduce worker-mgt conflict. The key problem for conversions (terms to know) Hard to find a place without employee conflict with employers. Three degrees of ee power: minimal power: like in the subaru plant, more substantial power: industrial democracy (refer to text, most power: let them own and run the organization. Key issues: how to manage the firm as a whole? (organizational governance; where employees make decisions, how do you organize the actual work? (decisions based about work flow and new technology) Two questions owned firm: can employee owned firms accomplish these tasks as efficiently as employer, what happens to the conflict between managers and employees, grass roots collectives. Organization is brand new and was, therefore, previously not existent ( producer.