How can organized labor use participation in ESOPs as both a defensive and offensive tool in strengthening labor's bargaining power?

ESOPs

Employee Stock Ownership Plans, an employee-owner program that provides workers with an ownership interest in the company.

Offensive Tool

A strategy or instrument used to proactively address challenges or pursue objectives aggressively.

Defensive Tool

Techniques or strategies employed to protect oneself, one's interests, or one's assets from threats or loss.