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Wealth Equity & Employee Ownership

Race and Gender Wealth Equity and the Role of Employee Share OwnershipRace and Gender Wealth Equity and the Role of Employee Share Ownership

Democracy at Work Institute, the Aspen Institute, Rutgers School of Management and Labor Relations

First published April 2021

Drawing on recent research, this issue brief – co-authored by the Aspen Institute Economic Opportunities Program, the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers School of Management and Labor Relations, and the Democracy at Work Institute – makes a case for why policymakers, funders, and investors who care about racial and gender wealth equity should support employee share ownership. Informed by a roundtable discussion which brought together researchers, philanthropic leaders, investors, policy experts, and advocates, the paper provides a set of concrete policy and practice ideas to expand employee ownership and advance equity and economic justice. We hope this paper contributes to a broader collaborative effort to spread employee share ownership policies and practices that support economic recovery and lay the foundation for a more equitable and resilient economy.

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