Small Business

Building Wealth Inclusively Through Business Ownership

October 18, 2021  • Joyce Klein

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Although business ownership may not be the primary way that most individuals and families build wealth in the United States, in any capitalist economy it’s a route that cannot be ignored. Especially when the rules of that economy have been set such that in the past two decades, much of the growth in income inequality has been driven by a combination of returns to capital and, at the highest levels, pass-through business income. Although business ownership is clearly driving income generation and wealth accumulation among the top 10% and 1%, it can and should have a role in raising wealth levels for those in the bottom quintile of the wealth distribution.

This essay is part of The Future of Wealth publication. Download a copy of the whole book here: https://futureofwealth.org.