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Hoyt

(54,770 posts)
6. Not sure that's an accurate characterization. Publix - a large employee owned company - didn't fund
Sat Jan 30, 2021, 12:41 PM
Jan 2021

the insurrection. The heiress might have, but not the company.

Publix is supposedly the largest employee owned company in the world.

Read More: https://www.mashed.com/86527/untold

I think we probably ought to separate the heiress from the company. Point is, I don't think Publix funded the rubes in Washington.

While the organization gave somewhat more to GOPers than Democrats, they still gave substantial sums to Democrats. In Georgia, they gave $1,000 to Loeffler and $5,000 to John Lewis.

https://www.opensecrets.org/orgs/publix-super-markets/recipients?id=D000028488

I can live with that, unless anyone knows of an employee owned company, that is in most places, that does better.



DBoon

(22,403 posts)
7. Publix must publicly repudiate the donations of this heiress
Sat Jan 30, 2021, 12:52 PM
Jan 2021

otherwise the two will be tied together

DemocratSinceBirth

(99,716 posts)
11. They get back eight to ten percent of their salary in stocks
Sat Jan 30, 2021, 12:59 PM
Jan 2021

They have no say in how the company is run or where their donations go.

 

Hoyt

(54,770 posts)
12. Except the heiress paid this, not the company.
Sat Jan 30, 2021, 01:05 PM
Jan 2021

As far as I can tell, she’s not even on the Board of Directors.

DemocratSinceBirth

(99,716 posts)
13. As I understand it employees get stocks in the company that comprises 8-10% of their salary.
Sat Jan 30, 2021, 01:09 PM
Jan 2021

That's a good thing. They have zero say in how the company is run or where the profits from their labor is donated.

 

Hoyt

(54,770 posts)
14. If they own voting stock they do, plus this lady is not even on the
Sat Jan 30, 2021, 01:13 PM
Jan 2021

Board of Directors.

In reality, it looks like some of the family owns about 20% of the stock. That’s a big chunk as far as governance goes unless employees actively engage as shareholders.

Roisin Ni Fiachra

(2,574 posts)
10. I don't patronize any establishment that I know is owned by Republicans.
Sat Jan 30, 2021, 12:59 PM
Jan 2021

I don't buy products that I know are produced by Republican owned companies.

Tom Rinaldo

(22,917 posts)
15. No, but that didn't happen with Publix
Sat Jan 30, 2021, 01:20 PM
Jan 2021

Essentially someone who inherited shares in Publix helped fund the insurrection. That is not the company. That is not the CEO of the company. Nor does this heiress own anywhere near majority control of the outstanding shares. The heiress should be judged by her actions, and Publix should be judged by its actions. It's not like Publix can confiscate her shares for violating the mission statement of the company.

obamanut2012

(26,158 posts)
16. The Jenkins Family owns 20% of Publix
Sat Jan 30, 2021, 01:25 PM
Jan 2021

Some majority-black counties in FL have no Publix.

I have boycotted Publix since the employees who own and run 80% of it donated to gun groups after Parkland, and who refused to pay for AIDs meds for employees.

They are still a RW company, majority employee-owned or not.

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