The idea that the people have a right to shape political decisions
through democratic means is widely accepted. The same cannot be
said of the decisions that impact on our everyday economic life in
the workplace and beyond. Andrew Cumbers shows why this is wrong,
and why, in the context of the rising tide of populism and the
perceived crisis of liberal democracy, economic democracy's time
has come. Four decades of market deregulation, financialisation,
economic crisis and austerity has meant a loss of economic control
and security for the majority of the world's population. The
solution must involve allowing people to 'take back control' of
their economic lives. Cumbers goes beyond older traditions of
economic democracy to develop an ambitious new framework that
includes a traditional concern with workplace rights and collective
bargaining, but shifts the focus to include consideration of
individual economic rights and processes of public engagement and
deliberation beyond the workplace. This topical and original book
will be essential reading for anyone interested in radical
solutions for our economic and political crises.
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