September 15, 2019

MarketWatch Covers the Politics and Impact of Employee Ownership

In the September 13 article "Workers would get dividends and voting power under this radical profit sharing idea," MarketWatch's Jonathan Burton ran a story about the controversial idea, proposed in both the U.S. and the U.K., of making the payment of dividends to workers mandatory for many companies. These Inclusive Ownership Funds (IOFs, explored in depth by Lenore Palladino of the Roosevelt Institute) have support from the U.K. Labour Party and Sen. Bernie Sanders, and polling data suggests many U.S. workers like the idea. The MarketWatch article notes that experts are skeptical of such a plan gaining significant support.

The articles cites research results about the current voluntary form of employee ownership in the U.S., noting the benefits to productivity and worker economic well-being.