The Challenge of ESOPs in Publicly Traded Companies

Should more publicly traded companies have an ESOP, and should employee-ownership advocates spend time and resources figuring out ways to make that happen?
At first glance, the answer to both questions is, “Of course ...

Quietly, over the past fifty years, an iconoclastic scholar named David Ellerman has been laying the intellectual groundwork for an employee-owned economy.
The stock market casts a long shadow over the US economy. Most of the large companies that dominate the marketplace are not owned by their founders or original investors; they are owned by individuals and institutions who buy and sell shares in the public ...
Let’s imagine that some far-sighted donor wants to give $10 million or $20 million to help spread employee ownership in America. What would we—where “we” is the community of employee ownership advocates—propose to do?