Joseph R. Blasi
J. Robert Beyster Distinguished Professor and Director of the Institute for the Study of Employee Ownership and Profit Sharing, School of Management and Labor Relations, Rutgers University, New Brunswick
Chapter Member: New Jersey-Philadelphia SSN
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About Joseph
Blasi studies economic sociology and public policy. In particular; he has investigated broad-based employee stock ownership; profit sharing; gain sharing; and stock options in corporations in several countries and industries; and in different historical periods of American history. In addition to his work at Rutgers; Blasi is a Research Associate at the National Bureau of Economic Research. Within Rutgers; he worked for many years in the University Senate; serving as a member of its executive committee. He has also served as a Legislative Assistant in the United States House of Representatives.
Contributions
In the News
Opinion: "Small Business Owners are Getting a New Incentive to Sell to Their Employees," Joseph R. Blasi (with ), The Conversation, August 15, 2018.
Opinion: "Tech Companies are Shutting Employees out of the Stock Market’s Boom," Joseph R. Blasi, Fortune, April 12, 2017.
Guest on MSNBC Lean Forward: Discussing the Citizen’s Share, September 9, 2014.
Guest on The Leonard Lopate Show: Reducing Inequality in the 21st Century, September 2, 2014.
Publications
"The Citizen’s Share: Reducing Inequality in the 21st Century" (with ) (Yale University Press, 2014).
Argues that the Founders’ original vision of sharing ownership and profits offers a viable path toward restoring the middle class.
"Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-Based Stock Options" (with ) (University of Chicago Press, 2010).
Discusses the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being.
"In the Company of Owners" (with ) (Basic Books, 2007).
Argues that American companies would perform much better if they followed the lead of many high-tech firms and granted options to their entire workforce, rather than to just a tiny corporate elite. Explain how employees and shareholders alike would benefit if most large companies adopted what they call the partnership capitalism approach-using options to encourage employees to think and act like owners.