Line level employees at employee owned companies are shareholders; perhaps the problem is not enough employee owned companies.
The compliment to "workers aspiring to join the owning class" is that the biggest risk a capitalist faces is the possibility of being thrust back into the working-class, and having to actually work for a living, as opposed to living off of profits derived from the labor of others.
In practice, socialism is a power grab where populist leaders redistribute the ownership classes' assets to themselves.
Wikipedia's treatment is a bit more nuanced. https://en.wikipedia.org/wiki/Socialism