Firm Foundations for Democracy? Worker Ownership and Control in Advanced Capitalism
A chapter in Sharing in the Company, 2017, vol. 17, pp 125-155 from Emerald Publishing Ltd
Abstract This chapter maps existing patterns of broad-based worker ownership and control in contemporary advanced capitalism and considers future possibilities for expanding democracy within firms. Section one discusses worker ownership and control arrangements in relation to different theories of the firm and shows how these arrangements map onto different national systems. Section two compares Germany, which is characterized by worker control without ownership, and the United States, which is marked by worker ownership without control. Section three explores three pathways through which broad-based worker ownership and control might be deepened and more strongly coupled in the future.
Keywords: Democracy; capitalism; employee ownership; unions; cooperatives; J51; J54; J83; M12; P13; P16 (search for similar items in EconPapers)
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