By Joseph R. Blasi [ J. Robert Beyster Distinguished Professor at Rutgers University & author of THE CITIZEN’S SHARE: Reducing Inequality in the 21st Century with Richard Freeman and Douglas Kruse.] Article Source: http://www.huffingtonpost.com/joseph-blasi/what-chobanis-employee-st_b_9815020.html Last week Chobani yogurt founder Hamdi Ulukaya gave his workers a taste of capitalism by granting them a share in the value […]
New book, “THE 3rd WAY,” presents major idea to renew The American Dream
— The Trentonian (Trenton, NJ) – 29 Apr 2016 – Advertorial Click here for the story!
Does Employee Ownership Work?
Does Employee Ownership Work? By Upendra Chivukula and Veny W. Musum – March 23, 2016 Today, almost 50% of Americans own zero capital wealth. With the already manifest discontent all over the country, this fact is an ominous recipe for even wider, much more serious future levels of unrest. However, there is a solution. Shared employee […]
OPINION: Presidential platforms failing America
SOURCE: dailyre.co/1prPIJR – Upendra J. Chivukula & Veny W. Musum – 12:02 a.m. EDT March 18, 2016 In a 2014 interview with Frank Rich, comedian Chris Rock said, “If poor people knew how rich people are, there would be riots in the streets.” News flash to Chris … there are riots in the streets. What is even more […]
ICEPN TV Special Interview with Upendra Chivukula
“Inclusive” capitalism would change the playing field by offering significant tax incentives to corporations willing to establish employee stock ownership plans (ESOPs), allowing employees to acquire capital shares without depleting their own savings. Stock holdings would provide the middle and lower classes with what they so desperately need: income capital in ADDITION to earnings via […]
Making Choices: Is an employee stock ownership plan the best option for your business?
By Upendra Chivukula & Veny W. Musum in Management Today Magazine A model for employee ownership certainly is W.L. Gore & Associates, a company owned by an Employee Stock Ownership Plan (ESOP) and by Gore family members. One of the most innovatively managed companies in the country, it has been on Fortune’s 100 Best Companies […]
Income inequality solutions offered by Basking Ridge author
By W. JACOB PERRY, Staff Writer, The Bernardsville News BERNARDS TWP. – A growing gap between the rich and poor has become a hot topic in the 2016 Presidential election, and a new book co-authored by a township resident offers solutions to the issue that are drawing praise from prominent officials and economists. “THE 3rd […]
Chivukula Co-Authors Book on Bipartisan Answers to Economic Reform
By Alyana Alfaro – Politicker NJ Upendra Chivukula is a former Democratic Assemblyman and the current commissioner of the New Jersey Board of Public Utilities. Now he has added “author” to his resume with a new book, The 3rd Way. The 3rd Way aims to prove that there is a “bipartisan answer” to the “political […]
Proposed Legislative Changes to Address Income Inequality – Pro Se Nation
THE 3rd WAY authors Upendra Chivukula and Veny Musum assert that changes to the corporate tax laws and the adoption of wide-spread employee profit sharing will provide a solution to the economic crisis for the middle class. Join us for a discussion exploring their proposal in the next edition of Pro Se Nation beginning Thursday, […]
“Democratic politican and Republican businessman co-author book on solving income inequality”
By The Jersey Journal on NJ.COM In today’s political and social climate, it’s more than a little bit unusual to see a Democrat politician and a Republican businessman reach an agreement on business and economic ideas. With the new business book, “The 3rd Way,” such common ground was achieved, and the authors have discussed the ways their […]