Summary
Despite the enormity of the racial wealth gap in our country, the current conversation around Black wealth is healthy. Across every sector, and within every stakeholder group, many extraordinary Black business and economic leaders are convening and engaging in productive conversations about the state of Black America and the future of Black economic prosperity. We all know that there isn’t a single solution; the pervasiveness of the racial wealth gap makes it important to harness a myriad of strategies. One proven, yet highly underutilized strategy is employee ownership. Employee ownership can play an important role in preserving and expanding Black wealth, offering value to Black business owners, Black workers and Black communities.