June 2, 2014

The Citizen's Share on Television and in Paperback

Executive Director

Joseph Blasi, one of the three authors of The Citizen's Share: Reducing Inequality in the 21st Century (the others are Douglas Kruse and Richard Freeman), appeared on television to discuss his book about employee ownership, equity compensation, and profit sharing. Speaking on Fox Business with Stuart Varney on May 27, Blasi discussed the value of stock options at Apple, the role of employee stock ownership plans, and his thoughts on why owning houses are not a sufficient asset to fix the decline of the middle class.

On May 21, Blasi appeared on the MSNBC show The Cycle, where he described the goal of shared capitalism as making sure "every citizen owns enough property to have economic liberty," noting that the book proposes a modern proposal that is "the essence of the idea that the Founders had." An extended Web-only conversation is here.

The Citizen's Share has just been released in paperback. It charts the path of employee ownership, equity compensation, and profit sharing in the United States, starting from its early origins in the fishing industry and the discussions about property ownership by the Founders. The book brings those arguments to the present with case studies and a review of the data, and then looks toward the future with policy ideas to strengthen the role of employee ownership in the U.S. economy.