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.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 13238

Klassifikation
Wirtschaft
Thema
economic democracy
participation
co-determination
profit sharing
employee ownership

Ereignis
Geistige Schöpfung
(wer)
FitzRoy, Felix
Nolan, Michael A.
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • FitzRoy, Felix
  • Nolan, Michael A.
  • Institute of Labor Economics (IZA)

Entstanden

  • 2020

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