The EO+WD Weekend Newsletter, Vol. 6

Michael Bloomberg ponders a perpetual purpose trust; Washington state goes all in on employee ownership

Happy Friday!

This week Washington takes a step forward and we ponder the question: does war build democratic habits?

What We’ve Been Reading

• Michael Bloomberg announced that he plans to leave his share of Bloomberg LP to his charity - most likely in the form of a perpetual purpose trust

• A county in California is offering a workshop on “Succession Planning and Employee Ownership” for local business owners

• This Denver pizza shop owner is retiring and transferring control to his employees through an ESOP

What We’ve Been Writing

• Dr. Hand makes the argument for workplace democracy, as not only a practical but also ethical way to organize business 

• The war in Ukraine is bringing out the best in Ukrainians. Violet analyzes how the local population is caring for one another without government intervention

• Megan discusses how Washington’s employee ownership legislation is a big step forward in the road to concrete policy 

• Meena provides a primer on what exactly social capital is, and how it relates to employee ownership 

• Employee ownership can a powerful tool to empower marginalized workers - read more from Minseo here on the model of Apis & Heritage

What’s Next

• The University of Northern Iowa is hosting a conference on employee ownership on May 11th. Read more and consider registering here

In Case You Missed It

• Catch up with Dr. Hand’s takeaways from the Skoll World Forum at Oxford

  

The Employee Ownership + Workplace Democracy Research Cluster (EO+WD) is sponsored by the Dedman College Interdisciplinary Institute (DCII) at Southern Methodist University (SMU) in Dallas, Texas (DTX).