A Boost for the Worker-Owned Economy

A Boost for the Worker-Owned Economy

by Frank Korten

September 24, 2018

As small-business owners retire, their employees may lose their jobs. New legislation, though, encourages that retiring small-business owners sell to their employees in the form of ESOPs or cooperatives. As Marjorie Kelly, Executive Vice-President and Senior Fellow at the Democracy Collaborative points out, many business owners would prefer to ensure that their employees remain secure.

Publication date: 2018-09-24

Parent publication: YES! Magazine

Publication URL: https://www.yesmagazine.org/new-economy/a-boost-for-the-worker-owned-economy-20180925

by Frank Korten

More related work

April 2, 2021

All health is public health: Busting the myths of choice and commodity

by Dana Brown

For decades, we have been sold a myth of private health. It is a myth that our health is largely a product of individual choices and personal responsibilities. It is a myth that our healthcare is a service that private corporations can provide, and for which we must pay to survive. But the COVID-19

March 24, 2021

Neil McInroy joins TDC to advise stepped-up community wealth building program

The former CEO of a leading UK economic think tank will be central in helping build capacity to offer powerful new technical assistance to cities and local authorities pursuing community wealth building strategies.

November 25, 2020

The Democracy Collaborative and The Democracy Collaborative Workers' Union agree to fair severance package for laid-off staff

TDC and union members have agreed to a package of protections that goes well beyond the baseline severance provisions for layoffs agreed to in TDC’s union contract.