A System for Worker Participation and Self-Management in Western Industrialised Economies

Jaroslav Vanek

Chapter 11 in The Performance of Labour-Managed Firms, 1982, pp 230-248 from Palgrave Macmillan

Abstract: Abstract In many advanced western economies, private and public industries have been in a considerable crisis in recent years. Without any doubt, one of the principal causes for this, if not the dominant one, is the archaic top-down governance of these industries, matched by the countervailing power of the labour unions. This writer is convinced, after many years of study, that full self-management and democracy in the place of work is the only viable and lasting solution of the problem; however, substantiation of that conviction is not my objective here. Rather, it is the following: whether I am right or not, those who may have to face and answer the question whether or not to introduce self-management, cannot do so without having a precise conception of what a transition to self-management would involve, that is, without having a concrete project, with some degree of operational detail. The purpose of this paper is to provide one such concrete project which I consider ‘optimal’ in that it fulfils optimally certain objective economic, institutional and technical requirements emerging from the reality of western economies.

Keywords: Labour Union; Capital Asset; Transfer Price; Union Wage; Wage Structure (search for similar items in EconPapers)
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05721-4_11

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DOI: 10.1007/978-1-349-05721-4_11

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