February 15, 2019

Hamilton, Employee Ownership, and New Ideas

Executive Director

In an editorial in the New York Daily News, Jove Oliver, a member of the Council on Foreign Relations and a former director of the Clinton Global Initiative, writes that Democrats need new ideas, and one of the best is employee ownership. He notes that all employees in the production of Hamilton were given a share of the proceeds from the musical. Now the union representing actors, Actors Equity, is calling for the same thing in all productions. Oliver notes that the real Alexander Hamilton (and Thomas Jefferson) insisted that ship owners getting government subsidies share the proceeds with employees. Oliver says employee ownership remains an effective bipartisan idea Democrats should get behind.