The Democratic Worker-Owned Firm (Routledge Revivals): A New Model for the East and West, 1st Edition (Paperback) book cover

The Democratic Worker-Owned Firm (Routledge Revivals)

A New Model for the East and West, 1st Edition

By David Ellerman


222 pages

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Paperback: 9781138892651
pub: 2016-12-07
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When this book was first published in 1990, there were massive economic changes in the East and significant economic challenges to the West. This critical analysis of democratic theory discusses the principles and forces that push both socialist and capitalist economies toward a common ground of workplace democratization.

This book is a comprehensive approach to the theory and practice of the "Democratic firm" – from philosophical first principles to legal theory and finally to some of the details of financial structure. The argument for economic democracy supports private property, free markets and entrepreneurship for instance, but fundamentally it replaces the employer/employee relationship with democratic membership in the firm.

For students, teachers, policy makers and others interested in the application of democracy to the workplace, this book will serve as a manifesto and a standard reference on the topic.

Table of Contents

Introduction; Part 1: Theory of the Democratic Firm; 1. The Labor Theory of Property 2. Democratic Theory 3. The Democratic Firm; Part 2: Worker Ownerships in America and Europe; 4. Worker Cooperatives 5. Employee Stock Ownership Plans 6. ESOP Analysis and Evaluation 7. Model of a Hybrid Democratic Firm; Part 3: Enterprise Reform in the Socialist World; 8. Enterprise Reform in Yugoslavia and China 9. Reforms in the USSR, Hungary and Poland 10. Analysis of the Socialist Enterprise Reforms; Conclusion; References; Index

About the Series

Routledge Revivals

Are there elusive titles that you need and have been trying to source for years but thought that you would never be able to find?

Well this may be the end of your quest – here is a fantastic opportunity for you to discover past brilliance and purchase previously out of print and unavailable titles by some of the world’s most eminent academic scholars.

Drawing from over 100 years of innovative, cutting-edge publishing, Routledge Revivals is an exciting programme whereby key titles from the distinguished and extensive backlist of the many acclaimed imprints associated with Routledge will be re-issued.

The programme draws upon the illustrious backlists of Kegan Paul, Trench & Trubner, Routledge & Kegan Paul, Methuen, Allen & Unwin and Routledge itself.

Routledge Revivals spans the whole of the Humanities and Social Sciences, and includes works by some of the world’s greatest thinkers including Emile Durkheim, Max Weber, Simone Weil, Martin Buber, Karl Jaspers and Max Beloff.

If you are interested in Revivals in the Behavioral Sciences, please visit

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic Conditions
BUSINESS & ECONOMICS / Human Resources & Personnel Management
BUSINESS & ECONOMICS / Development / Economic Development
BUSINESS & ECONOMICS / International / Economics
BUSINESS & ECONOMICS / Economics / Theory
BUSINESS & ECONOMICS / Organizational Development