The Institute for Public Policy Research (IPPR), the United Kingdom’s leading progressive think tank, is heading-up the Commission on Economic Justice, a two year initiative to examine the current state of the British economy and present a new vision for a more sustainable post-Brexit grounded justice and broadly-shared prosperity. In the fall of 2017, they reached out the Democracy Collaborative requesting evidence from the United States on broad-based ownership strategies and recommendations for how
wealth can be generated and shared more equally across nations and regions, as well as gender, ethnic and socioeconomic groups. In response we submitted the below testimony on the best practices and innovative models that we’ve studied and supported across the country that present real solutions and viable alternatives to the trenchant challenges of the ever-worsening wealth inequality both here and abroad. They have used this testimony as support in their just released report: Capital Gains: Broadening Company Ownership in the UK Economy.