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Economic Democracy - The Politics of Feasible Socialism (Hardcover, New)
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Economic Democracy - The Politics of Feasible Socialism (Hardcover, New)
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This book argues that socialism could return to the centre of
political life in the advanced capitalist countries by pursuing the
goal of economic democracy. But the book is not just directed at
socialists. For its principle aim is to convince socialists and
non-socialists alike that there is both a strong moral case for
economic democracy and a feasible strategy for achieving it. Robin
Archer defines economic democracy as a system in which firms
operate in a market economy, but are governed by their workers. To
show that economic democracy is a morally desirable goal, he
appeals to the value of individual freedom. To show that it is a
feasible goal, he appeals to the advantages of a corporatist
industrial relations system. A corporatist system enables workers
to pursue economic democracy through a series of trade-offs in
which they exchange wage rises or other goods for incremental
increases in control. But rational governments and capitalists will
only agree to these trade-offs if certain conditions are met.
Archer sets out these conditions and shows that they have in fact
been met in recent years.
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