May 18, 2021, Paper: "Inequality in the U.S. has been getting worse for decades: The richest 1% own a majority of all business wealth, and the top 10% own more than 90%. It has become clear that companies need to address the problem. One place to start is by expanding employees’ ownership stakes in companies, giving workers a path to building wealth. There’s incentive for companies, too: Businesses with 30% or more employee ownership are more productive, grow faster, and are less likely to go out of business than their counterparts."
Non-HKS Author Website - Ethan Rouen