Joseph R. Blasi Professor II and J. Robert Beyster Professor Faculty Joseph is a professor and sociologist at the School of Management and Labor Relations at Rutgers University where he teaches the undergraduate and graduate courses on corporate governance. He is a Research Associate at the National Bureau of Economic Research. His work includes economic sociology, the social and economic history of the corporation, and public policy, particularly, broad-based employee stock ownership, profit sharing, gain sharing, and stock options in corporations, in countries, in industries, for example, with a study of Silicon Valley, and in different historical periods of American history. He has written thirteen books including Employee Ownership (Harper and Row, 1988), The New Owners with D. Kruse (HarperCollins, 1991), Kremlin Capitalism with M. Kroumova and D. Kruse (Cornell University Press, 1996), A Working Nation with various co-authors (Russell Sage Foundation, 2000), In The Company of Owners with D. Kruse and A. Bernstein (Basic Books, 2003), and Shared Capitalism at Work with D. Kruse and R. Freeman (University of Chicago Press, 2010). His articles have appeared in the British Journal of Industrial Relations, Industrial Relations, and the Industrial and Labor Relations Review, among others. A member of the Department of Human Resource Management and the Department of Labor Studies and Employment Relations at Rutgers since 1989, he worked for many years in the University Senate, serving as a member of its executive committee. He has been the William D. Loughlin Member at the School of Historical Studies at the Institute for Advanced Study in Princeton, New Jersey from 2007-2008 and the Andrew W. Mellon Foundation Member at the School of Social Science of the Institute from 1995-1996, as well as a Visiting Scholar at the Center for the Study of Social Organization at Princeton University, a Visiting Professor at the Yale School of Management, and a Visiting Scholar at the Harvard Business School. He received the Lady David Fellowship from Hebrew University of Jerusalem and the Fulbright Fellowship at the University of Haifa and was for many years a Lecturer in Social Studies at Harvard University and as a Legislative Assistant in the United States House of Representatives. Blasi received his doctorate from the Harvard University Graduate School of Education He is Co-Author of :"The Citizen's Share" - Putting Ownership Back into Democracy" Joseph R. Blasi, Richard B. Freeman, and Douglas L. Kruse The idea of workers owning the businesses where they work is not new. In America's early years, Washington, Adams, Jefferson, and Madison believed that the best economic plan for the Republic was for citizens to have some ownership stake in the land, which was the main form of productive capital. This book traces the development of that share idea in American history and brings its message to today's economy, where business capital has replaced land as the source of wealth creation. Based on a ten-year study of profit sharing and employee ownership at small and large corporations, this important and insightful work makes the case that the Founders' original vision of sharing ownership and profits offers a viable path toward restoring the middle class. Blasi, Freeman, and Kruse show that an ownership stake in a corporation inspires and increases worker loyalty, productivity, and innovation. Their book offers history-, economics-, and evidence-based policy ideas at their best. Joseph R. Blasi, J. Robert Beyster Professor and a sociologist, and Douglas L. Kruse, Professor of Industrial Relations and Human Resources and an economist, are both at the School of Management and Labor Relations, Rutgers University. Richard B. Freeman is Herbert Ascherman Professor of Economics at Harvard University.

• published: 01 Feb 2014
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