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Employee Stock Ownership Plans

Type

Business ownership plan

Impact

Promote worker engagement • Reduce income inequality • Shared company success

Invented

During the rise of craft guilds

Objective

Empower skilled workers, retain talent, share business success

Industries

Textiles • shipbuilding • worker-owned co-operatives

Popularized

Industrial Revolution

Political influence

Championed by progressive movements as an alternative to capitalism

Employee Stock Ownership Plans