Employee-owned businesses drive good jobs and fair wages



Co-operatives hold promise for a “human economy,” says Enrich Sahan, head of Oxfam’s private sector team. The report generated headlines for its finding that the world’s eight wealthiest men hold as much wealth as the bottom half of the global population. Employee-owned businesses are a way to reverse such concentration, Sahan argues, and need greater access to capital. “Government has a key role to play in driving a vision of an economy with a majority of such enterprises; not confining them to the social economy.”

Photo credit: Co-operatives UK

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