1.  37
    Ownership and Control Rights in Democratic Firms: A Republican Approach.Inigo González-Ricoy - 2020 - Review of Social Economy 78 (3):411-430.
    Workplace democracy is often defined, and has recently been defended, as a form of intra-firm governance in which workers have control rights over management with no ownership requirement on their part. Using the normative tools of republican political theory, the paper examines bargaining power disparities and moral hazard problems resulting from the allocation of control rights and ownership to different groups within democratic firms, with a particular reference to the European codetermination system. With various qualifications related to potentially mitigating factors, (...)
    Direct download  
    Export citation  
    Bookmark   3 citations  
  2.  56
    Democratic Equilibria: Albert Hirschman and Workplace Democracy.Stanislas Richard - 2020 - Review of Social Economy 78 (3):286-306.
    This paper clarifies the usage of Albert Hirschman’s categories of market behaviour as of exit and voice in debates about workplace democracy by taking seriously his critique of the neoclassical analysis of competition. Pro-market liberals are generally hostile to the idea of workplace democracy and tend to favour top-down hierarchies as a way of organising labour. This hostility is generally inspired by the neoclassical analysis of exploitation and efficiency, which leads them to defend distributions achieved through exit-based competitive equilibria. Following (...)
    Direct download  
    Export citation  
    Bookmark   1 citation  
 Previous issues
Next issues