Democracy in the workplace?
While in the USA, a country that celebrates democracy, I love to ask:
If we replace the stockholders, those not working in the factory, with workers that have the power to review profits and determine the course their workplace will follow, would that help? Would a worker vote to move the factory to a foriegn nation, relinquishing his own income? Wouldn't that also give each workplace total access to their profits rather than a distant CEO? Once a week/month, the workers of a complex get together and review what worked, what didn't, and make a decision from that.
It's an old idea. A leading way of doing it is called ESOP (Employee Stock Ownership Plan). The government encouraged it through tax breaks, aka loopholes, decades back. They worked reasonably well in regions dominated by labor unions because they sometimes rescued companies from the crippling to which overly powerful organized labor that often leads, but in general they haven't turned out well in other areas nor with small business.
Worker cooperatives operate in a way in which you describe. There is no single definition of them, but essentially their goal is to have ownership and decision-making vested in the workers rather than in Capital (as in Capitalism) or the State (as in Fascism). The democratic nature of these cooperatives can range from voting for management, voting for wage rates, democratic decision-making, having all shares owned by the workers, etc.
These cooperatives tend to have priorities other than making money, such as advancing a variety of social goods--e.g. being a good neighbor and treating workers well.
They are much more common in Europe than in the US. Spain is well known for them. One of the largest in Spain is the MONDRAGON Corporation, which employs around 83,000 employees.
by rhamson 3 years ago
The CEO of Gravity, a credit card processing service, cuts his personal pay from a million dollars a year to give the minimum wage earners in his company $70,000 a year. The workers describe the raise as freedom, family starting and house buying ability. Could this be something to spark the economy...
by thecounterpunch 7 years ago
by weholdthesetruths 8 years ago
I see a lot of talking about how America's manufacturing and industrial base has left the country. And then, they complain that "greedy corporations" did it. Fascinating. The purpose of every business is to make money. The only place where the purpose of business...
by Justin Earick 4 years ago
Given the McCutcheon decision, the Supreme Court has decided that our democracy should instead be an oligarchy auctioned off to the highest bidder.Woo-hoo!
by AnnCee 7 years ago
What else can you call it when every Democrat in the Wisconsin legislature got on a bus and headed out of state to avoid a vote on the Governor's budget? This is turning into a war between tax payers and the unions.http://www.greenbaypressgazette.com/art … supporters
by Stacie L 23 months ago
Is $15.00 per hour minimum for fast food workers too much?The chain restaurants are protesting the newer $15.00 an hour pay raise in New York. it will gradually raise to that by 2018. The owners claim that only national chains have to abide the higher wages and not other restaurants. Is this fair...
Copyright © 2019 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|