Who Benefits from Shared Capitalism? The Social Stratification of Wealth and Power in Companies with Employee Ownership  - CLEO Skip to main content


This paper analyzes social stratification in patterns of access to shared capitalism programs, the value of shared capitalist plan assets, and access to workplace power and authority in a sample of over 40,000 employees in 14 companies with various forms of shared capitalism in the United States. The results reveal substantial disparities between the outcomes of women and men, nonwhite and whites, and employees with and without disabilities in terms of access to shared capitalism and the financial value provided by this participation. Although many of these effectsappear to stem from existing mechanisms of occupational segregation, women and African Americans have lower plan values, even accounting for differences in education, occupation, and salary.

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