A new study from ESCA shows that millennials working at employee-owned companies are far better prepared for retirement than other working people of their age.
According to the survey, two-thirds of the ESOP millennials expect to retire at or before age 65, twice the number at non-ESOP companies. Some 56% of millennial workers at ESOP companies had at ...
Want to see a young Bernie Sanders and a not-so-young Ronald Reagan talking about perhaps the one thing they can agree on? Check out this very short video, put together by Swedish filmmaker and EO advocate Patrik Witkowsky.
In case you missed this important study:
In December 2018, NCEO researchers Nancy Wiefek and Nathan Nicholson released a study of how ESOPs in S corporations affect workers’ retirement security. The bottom line? Very, very positively. Here’s how the authors summarize their conclusions:
Most of the economic-reform proposals you hear these days focus on redistribution, which mostly means taxing the rich and providing benefits to the poor. Redistribution is the traditional approach to redressing the ills of a market economy. It ...
People new to the idea often view employee ownership as a kind of corporate crunchy granola, nice for a hip Los Angeles bakery or a knitting-supplies company in Vermont, but not appropriate for “real” businesses. They miss the fact that sizable employee-owned ...
Chris Mackin
(EOA contributing editor Christopher Mackin writes on “Silicon ...
By David Ellerman
University of California, Riverside
Senator Elizabeth Warren’s recently introduced Accountable Capitalism Act is an American version of the German system of codetermination with respect to employees. It also includes a ...
