MANAGEMENT: Every Worker a Capitalist

On red and blue cardboard placards in Manhattan's Hotel Roosevelt last week were signs announcing: "Profit sharing makes every worker a capitalist." The two-year-old Council of Profit Sharing Industries was holding its annual meeting, and it had plenty of figures to back up its slogan. Starting with 16 companies, the council has grown rapidly; it now represents 155 companies with gross sales of $3.5 billion a year. Last year the 240,000 employees in the companies received about $40 million in profits, or an addition of 5% to 117% to their regular wages....

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