587. Should Companies Be Owned by Their Workers?

Update: 2024-05-09

Description

The employee ownership movement is growing, and one of its biggest champions is also a private equity heavyweight. Is this meaningful change, or just window dressing?

SOURCES:
- Marjorie Kelly, distinguished senior fellow at The Democracy Collaborative.
- Corey Rosen, founder and senior staff member of the National Center for Employee Ownership.
- Pete Stavros, co-head of Global Private Equity at KKR.

RESOURCES:
- "Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit," by Lydia DePillis (The New York Times, 2024).
- "Private Equity Heavyweight Pushing Employee Ownership," (60 Minutes, 2024).
- "Ownership Works: Scaling a Profitable Social Mission," by Ethan Rouen, Dennis Campbell, and Andrew Robinson (HBS Case Collection, 2023).
- "Research on Employee Ownership," by the National Center for Employee Ownership (2023).
- Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises, by Marjorie Kelly (2023).
- "Is Private Equity Joining — or Co-Opting—the Employee Ownership Movement?" by Marjorie Kelly and Karen Kahn (Fast Company, 2022).
- "How Well Is Employee Ownership Working?" by Corey Rosen and Michael Quarrey (Harvard Business Review, 1987).

EXTRAS:
- "Are Private Equity Firms Plundering the U.S. Economy?" by Freakonomics Radio (2023).
- "Do You Know Who Owns Your Vet?" by Freakonomics Radio (2023).
- "Should You Trust Private Equity to Take Care of Your Dog?" by Freakonomics Radio (2023).

Comments (1)

Tony Alves

Yes, they should

May 9th

In Channel