The Citizen's Share: Putting Ownership Back into Democracy

The Citizen's Share: Putting Ownership Back into Democracy
ISBN-10
0300195060
ISBN-13
9780300195064
Category
Business & Economics
Pages
304
Language
English
Published
2013-11-26
Publisher
Yale University Press
Authors
Joseph R. Blasi, Richard B. Freeman, Douglas L. Kruse

Description

The idea of workers owning the businesses where they work is not new. In America’s early years, Washington, Adams, Jefferson, and Madison believed that the best economic plan for the Republic was for citizens to have some ownership stake in the land, which was the main form of productive capital. This book traces the development of that share idea in American history and brings its message to today's economy, where business capital has replaced land as the source of wealth creation.div /DIVdivBased on a ten-year study of profit sharing and employee ownership at small and large corporations, this important and insightful work makes the case that the Founders’ original vision of sharing ownership and profits offers a viable path toward restoring the middle class. Blasi, Freeman, and Kruse show that an ownership stake in a corporation inspires and increases worker loyalty, productivity, and innovation. Their book offers history-, economics-, and evidence-based policy ideas at their best./DIV

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