The creation of a new federal agency to promote shared capitalism in America is discussed in Prominent Harvard University Economics Professor Calls for Government Promotion of Shared Capitalism, Including ESOPs in His Book:

"This proposed new federal agency would essentially gather information, publicize best practices, and assist firms that choose to participate in shared capitalism programs as described by Dr. Freeman in his book."

According to the Employee Ownership Blog, the new agency is proposed by Professor Richard B. Freeman, Chair of the Economics Department at Harvard University and Director of the Labor Studies Program at the National Bureau of Economic Research, on page 146 of his book, America Works: Critical Thoughts on the Exceptional U.S. Labor Market. This book discussion tells more about his proposed reforms:

"His proposed reform has nine components, all of which he contended will support continued prosperity, but will limit the growth of inequality by increasing taxes paid by the super-rich. A few notable solutions include more research and development, especially for the sciences, more worker decision-making and organization, better pensions and health care, distribution of stock options to all a company's employees, and the certification of corporate board members."