The Democratic Worker-Owned Firm (Routledge Revivals)

The Democratic Worker-Owned Firm (Routledge Revivals) PDF

Author: David Ellerman

Publisher: Routledge

Published: 2021-04-14

Total Pages: 239

ISBN-13: 1317484789

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When this book was first published in 1990, there were massive economic changes in the East and significant economic challenges to the West. This critical analysis of democratic theory discusses the principles and forces that push both socialist and capitalist economies toward a common ground of workplace democratization. This book is a comprehensive approach to the theory and practice of the "Democratic firm" – from philosophical first principles to legal theory and finally to some of the details of financial structure. The argument for economic democracy supports private property, free markets and entrepreneurship for instance, but fundamentally it replaces the employer/employee relationship with democratic membership in the firm. For students, teachers, policy makers and others interested in the application of democracy to the workplace, this book will serve as a manifesto and a standard reference on the topic.

The Democratic Worker-owned Firm

The Democratic Worker-owned Firm PDF

Author: David P. Ellerman

Publisher: Allen & Unwin Australia

Published: 1990-01-01

Total Pages: 224

ISBN-13: 9780044457435

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A democratic firm is a company owned and controlled by all the people working in it, just as a democratic government at the city or state level is controlled by all its citizens. This book is about the ideas, structures, and principles involved in the democratic firm and in economic democracy.

Working Democracies

Working Democracies PDF

Author: Joan S. M. Meyers

Publisher: Cornell University Press

Published: 2022-06-15

Total Pages: 208

ISBN-13: 1501763695

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In this inside look at worker cooperatives, Joan Meyers challenges long-held views and beliefs. From the outside, worker cooperatives all seem to offer alternatives to bad jobs and unequal treatment by giving workers democratic control and equitable ownership of their workplaces. Some contend, however, that such egalitarianism and self-management come at the cost of efficiency and stability, and are impractical in the long run. Working Democracies focuses on two worker cooperatives in business since the 1970s that transformed from small countercultural collectives into thriving multiracial and largely working-class firms. She shows how democratic worker ownership can provide stability and effective business management, but also shows that broad equality is not an inevitable outcome despite the best intentions of cooperative members. Working Democracies explores the interconnections between organizational structure and organizational culture under conditions of worker control, revealing not only the different effects of managerialism and "participatory bureaucracy," but also how each bureaucratic variation is facilitated by how workers are defined by at each cooperative. Both bureaucratic variation and worker meanings are, she shows, are consequential for the reduction or reproduction of class, gender, and ethnoracial inequalities. Offering a behind the scenes comparative look at an often invisible type of workplace, Working Democracies serves as a guidebook for the future of worker cooperatives.

Democracy at Work

Democracy at Work PDF

Author: Richard Wolff

Publisher: Haymarket Books

Published: 2012-10-02

Total Pages: 221

ISBN-13: 1608462579

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What, and who, are we working for? A thoughtful assessment on our current society from “probably America’s most prominent Marxist economist” (The New York Times). Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve. One key cause for this intolerable state of affairs is the lack of genuine democracy in our economy as well as in our politics. The solution requires the institution of genuine economic democracy, starting with workers managing their own workplaces, as the basis for a genuine political democracy. Here Richard D. Wolff lays out a hopeful and concrete vision of how to make that possible, addressing the many people who have concluded economic inequality and politics as usual can no longer be tolerated and are looking for a concrete program of action. “Wolff’s constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly and carried forward. A very valuable contribution in troubled times.” —Noam Chomsky, leading public intellectual and author of Hope and Prospects

Shared Capitalism at Work

Shared Capitalism at Work PDF

Author: Douglas L. Kruse

Publisher: University of Chicago Press

Published: 2010-06-15

Total Pages: 433

ISBN-13: 0226056961

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The historical relationship between capital and labor has evolved in the past few decades. One particularly noteworthy development is the rise of shared capitalism, a system in which workers have become partial owners of their firms and thus, in effect, both employees and stockholders. Profit sharing arrangements and gain-sharing bonuses, which tie compensation directly to a firm’s performance, also reflect this new attitude toward labor. Shared Capitalism at Work analyzes the effects of this trend on workers and firms. The contributors focus on four main areas: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being. This volume provides essential studies for understanding the increasingly important role of shared capitalism in the modern workplace.

Firms as Political Entities

Firms as Political Entities PDF

Author: Isabelle Ferreras

Publisher: Cambridge University Press

Published: 2017-10-25

Total Pages: 231

ISBN-13: 1108415946

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Aimed at political sciences students and teachers, Ferreras presents the new idea of 'economic bicameralism' to redefine firms as political entities.

Neo-Abolitionism

Neo-Abolitionism PDF

Author: David Ellerman

Publisher: Springer Nature

Published: 2021-02-17

Total Pages: 160

ISBN-13: 3030626768

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This book argues for the abolition of the employment system in favor of workplace democracy and thus escapes the usual capitalism-versus-socialism binary choice by reframing the basic issue as the employment contract, not private property or a market economy. The author repositions the political and economic debate in the lineage of abolitionism - against the owning of other people - which in its modern version of neo-abolitionism would also abolish the renting, or hiring, employing, or leasing of other people. The overall argument is based on three recovered theories, each one of which is sufficient to yield the neo-abolitionist conclusion. These three rights-based theories are developed throughout the book. The three theories are 1) inalienable rights theory, 2) the natural rights or labor theory of property, and 3) democratic theory as based on a democratic constitution that only delegates governance rights versus a non-democratic constitution that alienates governance rights. The book, therefore, is a must-read for everybody interested in a better understanding of the political economy, workplace democracy, rights-based theories, and the employment system.

Sharing in the Company

Sharing in the Company PDF

Author: Erik Poutsma

Publisher: Emerald Group Publishing

Published: 2017-06-12

Total Pages: 172

ISBN-13: 1785609661

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Volume 17 of Advances in the Economic Analysis of Participatory and Labor-Managed Firms provides detailed analysis on standard econometric studies to new institutional economics to behavioral economics.