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Employee-owned firms are a vital lab for stakeholder capitalism

Marjorie Kelly

In recent research conducted at the Democracy Collaborative, we found that mission-driven and employee-owned companies are exceptionally sucessful at delivering sustainable and equitable outcomes. The next generation of enterprise can be seen in these companies -- firms such as Recology, the San Francisco-based waste-hauling and recycling firm, with $1.2 billion in revenue, that is 100 percent employee owned.