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This book, Economic Democracy : The Politics of Feasible Socialism, by Robin Archer, certainly seems like good reading. (Click on "show chapter abstracts", top-right, to get a better idea of content).
The basic idea behind the book seems to be that corporatism - as a macroeconomic system of co-decision between unions, business and the State - is the best way of achieving, in the long run, true economic democracy. His definition of economic democracy is, however, limited to direct worker control over companies. For instance, his definition excludes the issues of consumption or investment.
Anyone know in more detail this work or its author? I wonder if he is inspired by the "Swedish" (or, closer to home, the "Quebec") model...?
The corporatist path to economic democracy is dependent upon an equal endowment of wealth for all agents. Such a sysstems is absolutely impossible to implement equitably into any pre-existing economic structure.
Par Mike le 2005-02-18 20:47I think you make a very valid point. However, I would tend to agree with the author that corporatism CAN be a step towards economic democracy. But the "original" positionning of different actors will be critical in the shape that it might take. For example, the Québec labour funds contributed to unions being taken more seriously by business.
Par Pierre Ducasse le 2005-02-19 00:27Mike wrote:"The corporatist path to economic democracy is dependent upon an equal endowment of wealth for all agents. Such a sysstems is absolutely impossible to implement equitably into any pre-existing economic structure."
I am not so sure an equal endowment of wealth is necessary.
I believe what one does to start out with setting the firm's relationship with capital and labor to its proper place. The employment contract should simply be done away with, and workers should claim their rightful place as the residual claimants of all the assets and liabilities they produce. Capital would then be put in its place, not as owner of the firm, but as an agent that leases its capital to employee-owned firms.
Par Alan Avans le 2005-02-19 11:27