"The poor are getting poorer, the rich are getting richer" - this is probably the short formula for one of the most pressing debates of our time. This debate seemingly knows only one answer: redistribution. With "Fair Participation Instead of Redistribution," the authors of this book consciously take a different path: they advocate for participation through capital involvement. Their macroeconomic and societal perspective on employee participation as a form of fair participation leads to a radically new approach to the topics of "capital" and "labor." 150 years after the publication of "Das Kapital" by Karl Marx, three years after the release of "Capital in the Twenty-First Century" by Thomas Piketty, and nearly 75 years after the "Freiburg Manifesto" by Walter Eucken et al., which are foundational to our economic order.