Even before the pandemic, in an allegedly strong economy, workers at the bottom end of the opportunity scale were struggling to support themselves and their families. No single metric is more striking in this respect than the divisions in wealth between men and women, and between white households and households of color. White households have roughly 10 times the wealth of Black households. Households headed by single women have less than 40% of the wealth of those headed by single men. Broadening opportunities to participate in the ownership of business assets can help address this wealth divide and offer working people the opportunity to meaningfully participate in the success of our economy.
This discussion includes perspectives from research, business, policy, and worker-owners.
