December 15, 2016

The NCEO on Current Events

Executive Director

The NCEO will be posting analyses of current events as they relate to employee ownership, starting with our December 9 comment on the nomination of Andrew Puzder to be Secretary of Labor. You can visit (or bookmark!) our Employee Ownership and Current Events, which will be updated frequently. You can also follow us on Twitter to receive notifications of employee ownership in the news.

An excerpt from our first post in this series is here:

Andrew Puzder, CEO of CKE Restaurants and Donald Trump's nominee for Secretary of Labor, spoke on President-elect Trump's economic plan in a blog post right before the election. He characterized the proposed policies as being "populist" and aimed at "reducing income inequality... and opening paths to the middle class."

Employee ownership is economic populism. People who are angry at the concentration of elite power will recognize employee ownership as a way to shift the economy toward the middle class. Communities that have seen jobs slip away can use employee ownership to root economic activity locally. People who feel themselves to be disempowered cogs in an impersonal economic machine can learn how business works and, together with their co-workers, take responsibility for their own economic futures.