Published in Fortune
By Darren Walker and Pete Stavros
The American dream—that foundational promise of economic opportunity, social mobility, and lasting security—looms large in our life stories. While access to this promise has been granted slowly and unevenly, at its best, our nation has been a beacon of democracy and free enterprise.
Today, corporations remain too fixated on the latter at the expense of the former–but we believe democracy and free enterprise must go hand in hand. In a principled, democratic society, every worker should have the opportunity to participate fully in the economy. That means employers, large and small, must provide their workers with more paths to ownership.
The Ford Foundation
The Ford Foundation is an independent organization working to address inequality and build a future grounded in justice. For more than 85 years, it has supported visionaries on the frontlines of social change worldwide, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement. Today, with an endowment of $16 billion, the foundation has headquarters in New York and 10 regional offices across Africa, Asia, Latin America, and the Middle East.
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