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Ray Carey's new book, Democratic Capitalism: The Way to a World of Peace and Plenty, is a comprehensive look at the concept of capitalism, both in terms of how it is now practiced and how Carey thinks it must be reformed.

Jack Stack and Bo Burlingham, A Stake in the Outcome (Doubleday, 2002, $24.95, 266 pp).

If the best way to make a company stronger is to learn from the specific practices of some of the most successful companies, then Shared Entrepreneurship: A Path to Engaged Employee Ownership by Frank Shipper will give leaders, employee committees, and anyone with an interest in the succes

Kremlin Capitalism, a new book by Joseph Blasi, Maya Kroumova, and Douglas Kruse (Cornell University I&LR Press, 1996), provides the first in-depth look at the privatization process in Russia, a process largely accomplished through employee ownership.

Employee Stock Ownership Plans: ESOP Planning, Financing, Implementation, Law and Taxation is a new book edited by Robert Smiley, Ronald Gilbert, David Binns, Ronald Ludwig, and Corey Rosen, and published by the Beyster Institute at the Rady School of Management at the University of Califo

Friendly Takeover: How an Employee Buyout Saved a Steel Town is a new book on the employee buyout of Weirton Steel Corporation.

Employee-Owned S Corporations of America (ESCA) has put out a short booklet with several first-person stories from employee owners in S ESOP corporations. Copies are available from ESCA by calling 202-466-8700.

New data from the Bureau of Labor Statistics (BLS) indicate that 1.7% of the U.S.'s 105.8 million nonfarm, private sector employees got a stock option grant in 1999. However, the same report finds that 5.3% of employees in companies listed on stock exchanges received options that year.

The rhetoric about employee participation appears to have far outraced the reality. In a survey of plant and site managers at companies with more than 20 employees, only 18% report even having experimented with employee work teams.

On March 1, John Jumper, the former chief of staff of the Air Force, became the CEO of one of the best-known companies in employee ownership, SAIC.