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In partnership with the Democracy Policy Network, MEDLab's Júlia Martins Rodrigues and Nathan Schneider have just published a report, aimed at state-level policymakers in the US, on advancing finance for diverse forms of shared ownership:

A truly democratic society should be capable of extending democracy into the workplace and everyday economic life. Shared ownership is a fundamental stepping stone toward such economic democracy. In this context, shared ownership refers to broad-based structures that make company ownership available and reasonably accessible to all members of a stakeholder class—such as its workers, consumers, neighbors, or other groups of direct participants. This way, the owners of a business are people whose lives its operations affect, not just outside investors seeking profits. Through broad-based shared ownership, access to the responsibilities and rewards of ownership can be distributed throughout society rather than concentrated in the hands of a financial elite, resulting in more democratic governance and shared prosperity.