EO+WD Newsletter Vol. 9
A big legislative update in the US, while employees fire back at ESOP operators
Welcome Back and Happy Saturday!
Thank you for your patience! This week’s update is worth the wait.
First, some encouragement: On the last day of his American politics class, Dr. Hand asked his SMU students to write down one thing they learned and stick it on the whiteboard. Here’s our favorite:
“If the way people behave in this class is any indication, the is legitimately more room for discourse and persuasion in our generation than I would assume.” - an SMU student
What We’ve Been Writing
On that proposed U.S. legislation we mentioned, the Employee Equity Investment Act: Abby and Dr. Hand provide a quick overview and helpful links on the new bills.
Reid has two articles up this week! In one, he looks at how boomers’ retirements might fuel employee ownership. In another, he explores the relationship between unions and democracy
Megan covers a potentially precedent-setting lawsuit in which employees of an ESOP alleging its operators committed financial crimes
Violet reflects on the role of philanthropy in sustaining and building democracy
What We’ve Been Reading
Gov. Jay Inslee signed legislation in Washington state promoting employee ownership into law
A University of Indiana student published an opinion piece on the necessity of democracy in the American workplace
Delaware Business Times recognized Chris Baker, the CEO of employee-owned construction firm George & Lynch, as one of its CEOs of the Year
What’s Next
Check out an exciting update on the Colorado drivers looking to form a co-op competitor for traditional ride-share companies, which Megan wrote about last month
In Case You Missed It
Canada has been leading the way on EOT legislation - check out Minseo’s article covering the basics and a recent update from Megan
The Employee Ownership + Workplace Democracy Research Cluster (EO+WD) is sponsored by the Dedman College Interdisciplinary Institute (DCII) at Southern Methodist University in Dallas, Texas.