Wealth inequality is one of the most pressing issues of our time. Broad-based business ownership that includes employees helps improve lives and creates a more dynamic economy. Throughout the book, the authors analyze and demonstrate how models of shared ownership can serve as building blocks towards shared prosperity and help counter the growing income disparity faced by many nations.
This book is a collaborative effort of academics, researchers, and professionals from US, Mexico, Peru, Argentina, France, Spain, and Colombia. These pages contribute to the construction of an economic democracy while promoting a movement that stimulates growth, strengthens businesses, contributes to improving wages and savings whilst dignifying workers and building social progress.
Employee Ownership in the Americas. A Path to Shared Prosperity was inspired by companies and entrepreneurs who favor the participation of employees in decision making and include them as owners, by non-profit organizations that promote employee ownership, and by the research and experience of several of its authors. The case studies presented demonstrate that broad-based employee ownership not only achieves better job performance in large companies and small businesses, but also aligns with other trends that are becoming the new normal, such as shared capitalism, corporate responsibility beyond shareholder primacy, and community wealth creation.
