The development of the welfare state has been accompanied by greater freedom being granted to workers in industrialized capitalist countries. The themes of this probing volume concern how governments, employers, trade unions, and workers have acted to promote economic growth and accountability with active industrial policies and forms of co-determination, worker self-management, and/or employee ownership. The book's essays address the key dimensions of economic, social, and political change in five industrial democracies: the United States, the United Kingdom, France, Germany, and Sweden. A major focus of the volume as a whole is on economic management and workplace reform in a variety of national settings. Managing Modern Capitalism is divided into three sections, covering strategies for industrial renewal, workplace democracy in practice and theory, and future perspectives. In the first section, each of the five countries are compared and contrasted in light of their attempts to stimulate economic growth and reduce unemployment under conditions of international interpendence of capital and markets. Country-by-country profiles highlight the second section, which also examines various forms of employee consultation, participation in managerial decisions, and ownership. The third section and conclusion evaluate prospective economic trends and workplace democracy in the capitalist nations. This book will be of interest to policymakers, scholars, and journalists, as well as to advanced students in political science, economics, history, and sociology.

Einhorn and Logue analyze the political, economic, and social challenges facing five small, affluent, and advanced industrial democracies in Scandinavia: Denmark, Finland, Iceland, Norway, and Sweden. Updated and expanded from its successful predecessor, this edition emphasizes how global and European developments have affected democratic policymaking in areas such as: • Social welfare policy • Employment policy • Labor relations • Economic policy • Social change A comprehensive yet accessible survey of political history, governmental institutions, policymaking, political parties, interest groups, political culture, and foreign relations is also included. The comparative and interdisciplinary focus makes this a stimulating source of ideas for anyone interested in democracy and social justice in the global era.

Russia is moving dramatically ahead in reforming its economy and its firms. This joint Russian and American work focuses on the key issue in the Russian economic reform process--how to convert state-owned firms into successful private companies capable of competing in a market economy. Unique case studies of Russian enterprises, their legal and internal structure, management philosophy, and economic performance, provide insightful analyses of the ongoing Russian experience with economic reform. Recent Russian legislation and its implications for privatization are also discussed.

Hancock and Logue, along with their contributors, seek to explicate the achievements, problems, and prospects of simultaneous processes of economic and political transitions from communism to contrasting forms of market economies and democracy in Russia, Poland, the Czech Republic, Hungary, Slovenia, and eastern Germany. Contributors include 14 American and European scholars with intimate professional and personal familiarity with the various case studies.

The contributors draw on process analysis and transition theory to explore different national approaches to privatization. This includes individual voucher schemes, the use of investment funds, the direct sale of former state owned enterprises, employee buy outs, direct foreign investments and their consequences for parallel processes of marketization and democratization. A quarter of the volume is devoted to comparative analyses of contrasting modes of privatization, the role of public opinion and law in the transition process, and the international economic and political context of postcommunist transformation. An important analysis for scholars, students, and other researchers involved with postcommunist economic and political change.

This book recounts the historic struggles of the American labor movement for safer workplaces, for a healthier environment, for corporate accountability, for equal rights for the majority who are women, and for civil rights for the minority who are not white.

Einhorn and Logue analyze the political, economic, and social challenges facing five small, affluent, and advanced industrial democracies in Scandinavia: Denmark, Finland, Iceland, Norway, and Sweden. Updated and expanded from its successful predecessor, this edition emphasizes how global and European developments have affected democratic policymaking in areas such as: • Social welfare policy • Employment policy • Labor relations • Economic policy • Social change A comprehensive yet accessible survey of political history, governmental institutions, policymaking, political parties, interest groups, political culture, and foreign relations is also included. The comparative and interdisciplinary focus makes this a stimulating source of ideas for anyone interested in democracy and social justice in the global era.

Using data from an extensive study of employee-owned companies in Ohio, where employee ownership is a well-developed trend, this book offers a strong empirical portrait of firms with Employee Stock Ownership Plans (ESOPs). It describes how these plans work and places their emergence and change in a historical context. John Logue and Jacquelyn Yates examine firms that have succeeded in employee ownership and those with failed plans. Some companies, they find, are committed to the concept of employee ownership, and others merely use ESOPs as a financing tool.Detailed information resulting from multiple surveys allows the authors to draw well-grounded conclusions regarding the question of why some employee-owned firms outperform others. The bottom line, they find, is that employee-owned firms that "do it all," implementing features such as employee participation and communication about finances, training, and cultural change, systematically outperform their conventional competitors. They also have an advantage over firms that understand employee ownership incompletely, if it all, and yet claim to adopt its methods.

The development of the welfare state has been accompanied by greater freedom being granted to workers in industrialized capitalist countries. The themes of this probing volume concern how governments, employers, trade unions, and workers have acted to promote economic growth and accountability with active industrial policies and forms of co-determination, worker self-management, and/or employee ownership. The book's essays address the key dimensions of economic, social, and political change in five industrial democracies: the United States, the United Kingdom, France, Germany, and Sweden. A major focus of the volume as a whole is on economic management and workplace reform in a variety of national settings.

"Managing Modern Capitalism" is divided into three sections, covering strategies for industrial renewal, workplace democracy in practice and theory, and future perspectives. In the first section, each of the five countries are compared and contrasted in light of their attempts to stimulate economic growth and reduce unemployment under conditions of international interpendence of capital and markets. Country-by-country profiles highlight the second section, which also examines various forms of employee consultation, participation in managerial decisions, and ownership. The third section and conclusion evaluate prospective economic trends and workplace democracy in the capitalist nations. This book will be of interest to policymakers, scholars, and journalists, as well as to advanced students in political science, economics, history, and sociology.