Arbeitspapier
Towards Economic Democracy and Social Justice: Profit Sharing, Co-Determination, and Employee Ownership
Modern economies deprive workers of natural democratic rights and any share of the surplus they produce, with most of the benefits of growth appropriated by capital owners. Worker wellbeing and job satisfaction are ignored unless they contribute directly to profitability, while precarious employment and underemployment, with stagnant or declining real wages, have persisted over four decades, despite recent low official unemployment. For economic democracy and social justice, we propose redistributive tax and welfare reform, extended codetermination, subsidised profit sharing and employee buyouts.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 13238
- Classification
-
Wirtschaft
- Subject
-
economic democracy
participation
co-determination
profit sharing
employee ownership
- Event
-
Geistige Schöpfung
- (who)
-
FitzRoy, Felix
Nolan, Michael A.
- Event
-
Veröffentlichung
- (who)
-
Institute of Labor Economics (IZA)
- (where)
-
Bonn
- (when)
-
2020
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- FitzRoy, Felix
- Nolan, Michael A.
- Institute of Labor Economics (IZA)
Time of origin
- 2020
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Worker attitudes towards employee ownership, profit sharing and variable pay
Employee stock ownership and employee performance: Why does ownership affect individual performance?
Employee Stock Ownership
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Sharing ownership via employee stock ownership
Codetermination and integration
Cheers and Boos for Employee Involvement: Co-Determination as Corporate Governance Conundrum
Essays on Employee Ownership
The Effects of Worker Participation, Employee Ownership and Profit Sharing on Economics Performance: A Partial Review