Employee ownership as a form of economic democracy

Erdal, David (author)

This paper provides a critique of the conventionally dominant model that has driven the world economy to the brink of collapse, a model that predicts failure for employee-owned and democratically structured firms. The paper contrasts these predictions with the success achieved by employee-owned companies structured democratically. Two case studies, the John Lewis Partnership in the UK and Mondragon in Spain show that democratically structured enterprises can succeed extremely well. Evidence is reported suggesting that people thrive with democratic ownership.

• Language: English
• Work type: Not categorized
• Typology: 1.01 - Original Scientific Article
• Organization: FDV - Faculty of Social Sciences
• Year: 2012
• Number of pages: Str. 935-951, 1040
• Numbering: Letn. 49, št. 6
• PID: 20.500.12556/RUL-74984
• UDC: 330.5-057.11:321.7
• ISSN on article: 0040-3598
• COBISS.SI-ID: 31784285
• Publication date in RUL: 21.12.2015

Record is a part of a journal

• Title: Teorija in praksa : revija za družbena vprašanja
• Shortened title: Teor. praksa
• Publisher: Fakulteta za družbene vede
• ISSN: 0040-3598
• COBISS.SI-ID: 763652

Secondary language

• Language: Slovenian

Abstract

Članek ponuja kritiko prevladujočega konvencionalnega modela, ki je ekonomijo pripeljal na rob propada - modela, ki predvideva neuspeh demokratično strukturiranih podjetij v lasti zaposlenih. Članek predstavi nasprotno - uspeh, ki so ga dosegla demokratično strukturirana podjetja v lasti zaposlenih. Dve študiji primera - John Lewis Partnership v Veliki Britaniji in Mondragon v Španiji - kažeta, da demokratsko strukturirana podjetja lahko poslujejo izrazito uspešno. Predstavljeni so dokazi, da ljudje uživajo z demokratskim lastništvom.

• Keywords: ekonomija