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Freeman folbre economix3/31/2023 ![]() “This provocative study exposes a long-lost history of successful profit-sharing within U.S. In seeking to increase employee compensation as well as tax reform, Washington should be thinking hard about how to expand and encourage greater employee ownership and/or revenue sharing."-Dean Zerbe, Forbes Magazine analysis of the benefits of encouraging greater employee ownership of businesses. " The Citizen's Share provides a thoughtful. ![]() ![]() Copies are currently circulating among congressional staffs in both parties as politicians brace themselves to face what polls show is a rapidly rising concern over economic growth concentrating at the top.”-David Cay Johnston, Newsweek Freeman of Harvard gathered many of the founders’ writings on this topic for their book. agreed that America would survive and thrive only if there was widespread ownership of land and businesses. The idea of expanding employee ownership deserves serious consideration.”-Thomas B. because it addresses the concentration of wealth and political power at the top. stands apart from alternate policy initiatives. And there is no better trio than Blasi, Freeman, and Kruse to tell them about it.”-Alan Blinder, Princeton University “Citizens should know about The Citizen’s Share-it’s important. If you want to know more about this tradition, and how to revive it, read this book.”-Thomas Piketty, author of Capital in the Twenty-First Century “America used to be based on broad access to wealth and property. Their book offers history-, economics-, and evidence-based policy ideas at their best. Blasi, Freeman, and Kruse show that an ownership stake in a corporation inspires and increases worker loyalty, productivity, and innovation. 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. Based 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. The idea of workers owning the businesses where they work is not new. A compelling argument for broad-based profit sharing and employee ownership in keeping with the economic vision of America’s Founders
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