Over the past five years there has been steady progress with our research into egalitarian capitalism: the first presentation of which was arranged by Z/Yen in August 2021, 'A World of Individual Opportunity: The Vision of Egalitarian Capitalism'.
Meanwhile, The Share Foundation continues to provide strong evidence of its benefits with their work for young people in care on behalf of the UK's Department for Education and its recovery programme for the Child Trust Fund scheme (with particular emphasis on the HMRC-allocated segment). From our research perspective, this work provides a strong basis for non-experimental evaluation.
Significant progress has also been made into Stock for Data & Creativity, with the first research paper published by Dr. Heloise Greeff in 2024. An economic modelling analysis has been undertaken by Capital Economics during 2025/26.
Share Alliance arranges conferences at Cambridge and elsewhere based on the SHARE research project.
The most recent of these was the 2nd SHARE Inter-generational Rebalancing Conference, held on 14th/15th May 2026 at the Institute for Fiscal Studies in London, featuring inter-generational wealth transfers which can empower children and young people, particularly those from disadvantaged backgrounds, to achieve their potential.
Its context was both national and global, exploring how the human life cycle can be better recognised in economics in order to empower disadvantaged young people both in the UK and across the world with resources and life skills, by allowing wealth creation to flow through to new generations more effectively.
Organised by Share Alliance, the Faculty of Economics and King’s College Cambridge, the basis for the first day was academic and for the second day, policy. Here is a summary of each presentation and of the conference as a whole, prepared by Tina Zhang; please also see the schedules below for both days, with links to individual videos and slide presentations:
| 15 May, 2026 — Policy Day | Video | Slides | |
| 9:20 – 9:30 | Opening comments | N/A |
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| 9:30 – 10:20 | Lord David Willetts (Resolution Foundation) “Intergenerational divides — and what could be done about them” |
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| 10:20 – 11:10 | Professor Sir Julian Le Grand (LSE) “Inheritance levies and their application” |
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| 11:30 – 12:20 | Gavin Oldham OBE “Starter capital accounts & incentivised learning” (script of talk) |
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| 12:20 – 13:05 | Heloïse Greeff “The opportunity offered by tech wealth participation” |
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| 14:00 – 14:45 | Paul Johnson “Challenging Inequalities: How we got stuck and where we go next” |
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| 14:45 – 15:30 | Matthew Agarwala (Sussex & Cambridge) “Rebalancing in the digital economy: The AI tax gap and what to do about it” (with Felix Creutzig) |
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| 15:45 – 16:15 | Day 2 Round Table |
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Speakers at the 2nd SHARE conference include:
Jamie Hentall MacCuish: His research is in the fields of public economics and applied structural microeconomics & overlaps with labour economics and macroeconomics, focusing particularly on the determinants of inequality and the economic implications of the limitations of human cognition.
David Sturrock: brings extensive expertise to HM Treasury from his time at the IFS where he was a Senior Researcher and Associate Director focusing on intergenerational inequality, retirement saving and pensions.
Pedro Carneiro: His research includes development economics, labour economics, the economics of education and micro-econometrics, and he has examined issues such as the returns to education, human capital policy, and labour regulation in developing countries. He has studied poverty and education programs in several countries in Latin America, Africa and Eastern Europe.
Kai Liu: is based at the Faculty of Economics at Cambridge University, and he specialises in Labour Economics, Public Economics, Applied Micro-econometrics, and the Economics of China.
Aline Bütikofer: is a co-founder of the Center for Empirical Labor Economics and since 2017 a faculty affiliate at the Centre of Excellence FAIR (Centre for Experimental Research on Fairness, Inequality and Rationality). Since 2020, she is a co-editor for the Journal of Human Resources.
James Heckman: is an American economist and Nobel laureate and the Henry Schultz Distinguished Service Professor in Economics at the University of Chicago, where he is also a professor at the college, a professor at the Harris School of Public Policy, Director of the Center for the Economics of Human Development (CEHD), and co-director of Human Capital and Economic Opportunity (HCEO) Global Working Group.
Lord David Willetts: is a British politician and life peer. From 1992 to 2015, he was the MP for the constituency of Havant. He served as Minister of State for Universities and Science from 2010 until July 2014 and became a member of the House of Lords in 2015. He is president of the Resolution Foundation.
Professor Sir Julian Le Grand: was awarded a knighthood in 2015 for services to social sciences and public service. He is the author, co-author or editor of over twenty books, and more than one hundred refereed journal articles and book chapters on economics, philosophy and public policy He has taught at the Universities of Sussex, Bristol and California, and the LSE.
Gavin Oldham: is founder and Chair of Trustees of Share Alliance, which supports research into a more egalitarian form of capitalism, and The Share Foundation, which provides resources and life skills for young people in care on behalf of the UK Department for Education.
Heloïse Greeff: trained as a mechatronics engineer, before moving to the UK from South Africa to pursue an MBA and PhD in machine learning at the University of Oxford as a Rhodes Scholar.
Paul Johnson: is the former director of the Institute for Fiscal Studies and Provost of Queen's College, Oxford.
Matthew Agarwala: seeks to transform economic measurement to better reflect sustainability, inequality, and wellbeing. He works across sectors and disciplines. His co-authors include ecologists, economists, conservation scientists and practitioners, social anthropologists, civil servants, UK MPs, and Nobel Laureates in peace, medicine, physics, and chemistry.
The 1st SHARE Conference took place as a half-day event on Friday 14th April '23 at King's College Cambridge with a programme as follows (links to YouTube-hosted videos of each session are included in the titles):
9.30 am Welcome & Overview, Underlying Principles & Planning
An introduction to the key building blocks for participation for all, including disintermediation and individual ownership & responsibility, and to our approach for providing academic rigour for a new egalitarian approach to capitalism.
10.05 am Inter-generational Rebalancing
Showing how the natural human cycle can enable individual empowerment of young people from disadvantaged backgrounds and setting out the role of starter capital accounts and incentivised learning as a basis for enhancing ability to achieve their potential in adult life.
11.05 am Stock for Data
The technological revolution provides an opportunity for a huge expansion of individual equity ownership by issuing stock in recognition of data storage and harvesting. This would enable a large proportion of people across the world to share in wealth creation, as automation gradually replaces the demand for manual input.
11.45 am Building Momentum
Charting the way forward through research, training, advocacy and implementation both within the UK and overseas.
12.20 pm Panel discussion
A general discussion of the above and other ideas.