From the Owner to Owner podcast: Host Jesse Tyler is joined by previous Owner to Owner guests Sarah Limoges from Admix, and Tyson Hendrickson from Pacific Steel & Recycling, both 100% ESOPs, to discuss Corey Rosen and John Case's book Ownership: Reinventing Companies, Capitalism, and Who Owns What.
What Jesse didn't share with Tyson and Sarah in advance is that they were joined by Corey Rosen himself for what turned out to be a fun and powerful discussion about employee ownership generally and Corey's and John's book specifically.
Sarah, Tyson, and Corey also answered Jesse's two toughest questions: "what does ownership mean to you" and "what three words do you use to describe employee ownership."
The body of this episode originally aired on April 12, 2023, on the Owner to Owner podcast as Episode 40: Ownership: Reinventing Companies, Capitalism, and Who Owns What.
Episode 241 Show Notes
About the Book
Employee ownership of companies has the potential to save jobs, revitalize communities, and close the wealth gap. This practical guide comes from leading authorities in the field.
Why are wages stagnant and wealth inequality increasing? One factor has inexplicably been left out: who owns the companies that drive the economy. Ownership gives people a claim to the fruits of free enterprise. Employee ownership gives workers—the people who have a stake in the company—a fair chance to benefit from their labors.
In three simple parts, Corey Rosen and John Case create a powerful argument for why employee ownership is the answer to capitalism’s crisis and how to implement it:
1. What's wrong with what we have—The authors explain why companies usually end up being sold off to investors and the often-horrific consequences that result for workers, communities, and the environment.
2. How can we change things?—This section shows how overlooking ownership limits attempts to reform capitalism and why employee ownership is a realistic and practical way to save capitalism from its own excesses.
3. Reinventing capitalism for the 21st century—This section describes how employee ownership has been done, is being done, and can be expanded and gives examples of companies of all sizes and sectors.
©2022 Corey Rosen and John Case (P)2022 Corey Rosen and John Case
About Corey Rosen
Corey Rosen is the founder of the NCEO. He co-authored, along with John Case and Martin Staubus, Equity: Why Employee Ownership Is Good for Business (Harvard Business School Press, May 2005). Over the years, he has written, edited, or contributed to dozens of books, articles and research papers on employee ownership. He has been called the leading expert on employee ownership in the world. He has been interviewed widely by major media and spoken around the world.
Corey received his Ph.D. in political science from Cornell University in 1973, after which he taught politics at Ripon College in Wisconsin before being named an American Political Science Association Congressional Fellow in 1975. He worked on Capitol Hill for the next five years, where he helped initiate and draft legislation on ESOPs and employee ownership. In 1981, he formed the NCEO. Corey Rosen has also appeared on Episode 215 of The EsOp Podcast.
About John Case
John Case is an internationally known writer on management and employee ownership. He is author of the classic works Open-Book Management (Harper) and The Open-Book Experience: Lessons from Over 100 Companies Who Successfully Transformed Themselves (Addison-Wesley). He has written for Inc., Harvard Business Review, and many other magazines. He has collaborated on several other books, including the international bestseller Financial Intelligence, published by Harvard Business Review Press. [Source: Simon & Schuster]
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