In light of new realities trending toward a low-wage economy, many are looking to different kinds of business models and practices as a way to increase the returns of work and improve job quality for working Americans.
On Thursday, October 10, 2013, the Aspen Institute’s Economic Opportunities Program hosted the fourth discussion in the Working in America series. The discussion focused on alternative business models, including worker-owned cooperatives, B Corps companies, and businesses with employee stock ownership programs. Panelists discussed different approaches to these models, including what it takes for these types of business models to succeed, the impacts of these models on profits and worker success, and what we can learn from these models that can apply to creating better jobs in our economy overall.
Panelists included Steven Dawson, Founder and Strategic Advisor, PHI; Albert Fuller, CEO and Chairman, Integrated Packaging Corporation; Camille Kerr, Research Director, The National Center for Employee Ownership; and Jamie Raskin, Maryland State Senator and Professor at American University’s Washington College of Law. The discussion was moderated by Lydia DePillis, Reporter for Wonkblog, The Washington Post.
A blog post, “Modeling that Good Jobs are Good Business,” reflecting on ideas shared at this event is available here.
Watch Highlights from the Conversation:
Camille Kerr discusses ESOPs.
Steve Dawson Discusses Worker Cooperatives and B Corps.
Jamie Raskin Discusses Benefit Corporations.
Al Fuller Discusses Moving Low-Wage Workers Up the Corporate Ladder.
See More Highlights from this Discussion Here.