Exciting news on the #USpol front for #employeeownership. A bill that #BernieSanders has quixotically proposed for years, called The WORK Act, that funds the creation and expansion of state-level employee ownership centers finally made it into the big omnibus budget bill that looks like it's on track to pass.

It would allocate $50MM over 5 years, which would allow for many states to have folks doing dedicated outreach and education about #workercoops and #ESOPs for the first time.

Video of the recent "Investing in Place Based Ownership" panel I helped organize: https://youtu.be/TuZ6wv20_9U

Covers #ESOPs, #coops, and #PurposeTrusts.

Really good article by Sion Whellens about the difference between #Coops and #ESOPs and why conflating the two just wastes the time and energy of those working for a new economic system.

https://bethnalbling.blogspot.com/2020/04/commons-v-shares-problem-with-worker.html

Dr. Jessica Gordon-Nembhard answers a question from @mattcropp on the differences between #ESOPs and #WorkerCoops :

https://www.youtube.com/watch?v=o7iDNE5YufE

@GuerillaOntologist @tbeckett My org (the Vermont Employee Ownership Center) works with both #workercoops and #ESOPs, so I've definitely given this some thought. The two structures seem to be based on two distinct ideological positions: #EconomicDemocracy and #SharedCapitalism, respectively. Got into some good discussion on the nuances of their overlaps and differences with @ntnsndr and others at the recent #KelsoWorkshop.