When labor owns the capital: Employee ownership is gaining popularity

An old movement to grow employee ownership is getting new life, with the goal of shrinking wealth inequality. The concept isn’t unprecedented — not at all, really.

“Collective ownership is centuries old,” Anna-Lisa Miller told me. In 2021, she was named the founding executive director of Ownership Works, a nonprofit formed by financiers to advance employee ownership. “There’s a big social case to be made for expanding this.”

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