Economic Democracy: The Politics of Feasible Socialism

Overview

Arguing that socialism could return to the center of political life in advanced capitalist countries, this book aims to convince socialists and nonsocialists alike that there is both a strong moral case for economic democracy and a feasible strategy for achieving it. The author defines economic democracy as a system in which firms operate in a market economy but are governed by their workers. He shows that it appeals to the value of individual freedom while retaining the advantages of a corporatist industrial ...

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Overview

Arguing that socialism could return to the center of political life in advanced capitalist countries, this book aims to convince socialists and nonsocialists alike that there is both a strong moral case for economic democracy and a feasible strategy for achieving it. The author defines economic democracy as a system in which firms operate in a market economy but are governed by their workers. He shows that it appeals to the value of individual freedom while retaining the advantages of a corporatist industrial relations system. This work will be of interest to scholars of political theory, sociology, economics, and industrial relations.

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Editorial Reviews

From the Publisher
"His sophisticated discussion of European socialism, especially its flirtation with corporatism, is exceptionally enlightening for students of contemporary political thought and possible practical action."—Choice
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Product Details

  • ISBN-13: 9780198278917
  • Publisher: Oxford University Press
  • Publication date: 5/25/1995
  • Pages: 280
  • Product dimensions: 5.75 (w) x 8.75 (h) x 0.83 (d)

Table of Contents

List of Figures
List of Tables
Introduction 1
1 Freedom and Authority 12
2 Economic Democracy 38
3 Feasibility 61
4 Industrial Relations 68
5 Potentials and Dangers of Corporatism 85
6 The Corporatist Trade-off Strategy 103
7 Stagflation 145
8 Structural Adjustment 170
9 An Unexpected Case of Corporatism 191
10 Into the Next Century 230
Bibliography 237
Index 259
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