the end of the world - and how to avoid it

And a transition toward that would include something like a right of first refusal for employees of a company to buy it when it’s being sold:

And I think, potentially, if something like a Marcora law could be introduced centrally, and with support from local and regional government, that could encourage working people actually to have ownership of companies when they are sold. That kind of central government support for a more democratic economy could make a real difference.

the Marcora Law – this is the provision we see in Italy that would provide an opportunity for the workers within a within a firm to buy-out that firm if it were changing hands, or if it were in in danger of being closed down.

(From the first link, above)