Will worker ownership take center stage in U.S. politics in 2020?

New momentum around employee ownership could shift corporate power to U.S. workers.

In a recent article for the Washington Post, Jeff Stein reports on 2020 presidential hopefuls who are making the case for employee ownership, beginning with two policies backed by Sen. Bernie Sanders (I-VT) that could dramatically shift corporate power to U.S. workers. Could worker ownership of corporations really hit mainstream U.S. politics during the 2020 presidential election? That’s a question Senior Editor Steve Dubbs explores in a new piece for Nonprofit Quarterly.

The question comes at a moment when momentum seems to be building for employee ownership. Last year, Congress passed the Main Street Employee Ownership Act. Championed by Sen. Kirsten Gillibrand (D-NY) in the Senate and Rep. Nydia Velazquez (D-NY) in the House, the bipartisan Main Street Employee Ownership Act amends longstanding inequities in how the Small Business Administration (SBA) administers loans to Employee Stock Ownership Plans (ESOPs) and worker cooperatives.

Read the full article from Nonprofit Quarterly here: nonprofitquarterly.org/will-worker-ownership-seize-center-stage-in-us-politics-in-2020

“With real wages being flat, looking at employee ownership and profit-sharing is a compelling way for the middle class to get a share of the benefits of ownership.” — Joseph Blasi, Rutgers University’s Institute for the Study of Employee Ownership and Profit Sharing

Share This Post

We hope you enjoyed this article. If you did, we would love it if you would share it to your social networks!