What businesses can do to reduce income inequality

Recent racial tensions and civil unrests have put a spotlight on the persistent economic inequality between people of color and whites. We propose creating a sweeping process where companies would tackle this terrible situation that has ensnared so many of our young people, who, through no fault of their own are caught in a multi-generational downward economic spiral.  We believe firmly that the private sector must play the lead role here. It must provide paid apprenticeships and training to at-risk adolescents to improve their motivation, occupational skills, personal networks, and job prospects.

We elaborate out proposal in the following California Management Review article: https://cmr.berkeley.edu/2020/07/private-sector/