To set the scene for the book, the author reminds the reader that employment, namely working for a wage, has been with us for less than 300 years. Like former modes of labour utilization, the employment mode passed various stages: boon to workers and employers, with a concomitant rise in wealth, improved health, a flourishing culture; a stable rise in productivity; and finally a depressing working place with steadily falling human productivity and declining moral and cultural values. The author concludes that it is high time for employers to proceed to the next mode of labour utilization, namely the entrepreneurial mode, in which a worker would invest his labour for personal profit rather than sell his labour to the employer for a wage.
In the university environment in which I work, earnings are a small part of the motivation to do work, in fact, to do it well. The work itself motivates us to achieve success. Apparently, at production and service workplaces, earnings are a major motivator. If earnings will consist of wages that the worker invests with a view to making a profit, several positive outcomes would occur. The gnawing feeling of being exploited would vanish, which should end the adversarial worker/employer relationship. Workers would join their employer as a team for a common goal - profit maximization.
These ideas make a lot of sense to me. Read the book and see for yourself. It is an easy read, given the novelty of the topic. I enjoyed reading it. It made me think of a whole range if issues around the employer/employee relations.