Democratizing The Corporation
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| Author | : Isabelle Ferreras |
| Publisher | : Verso Books |
| Total Pages | : 337 |
| Release | : 2024-03-19 |
| Genre | : Political Science |
| ISBN | : 1804294535 |
Worker representation is the first step toward democratizing the economy Although contemporary Western societies refer to themselves as “democratic,” the bulk of the population spend much of their lives in workplaces that have more in common with tyranny. Gigantic corporations such as Amazon, Meta, Exxon, and Walmart are among the richest and most powerful institutions in the world yet accountable to no one but their shareholders. The undemocratic nature of conventional firms generates profound problems across society, hurting more than just the workplace and contributing to environmental destruction and spiraling inequality. Against this backdrop, Isabelle Ferreras proposes a radical but realistic plan to democratize the private firm. She suggests that all large firms should be bicamerally governed, with a chamber of worker representatives sharing equal governance power with the standard board representing owners. In response to this proposal, twelve leading experts on corporate behavior from multiple disciplines consider its attractiveness, viability, and achievability as a “real utopian” proposal to strengthen democracy in our time.
| Author | : Isabelle Ferreras |
| Publisher | : Cambridge University Press |
| Total Pages | : 231 |
| Release | : 2017-10-25 |
| Genre | : Business & Economics |
| ISBN | : 1108415946 |
Aimed at political sciences students and teachers, Ferreras presents the new idea of 'economic bicameralism' to redefine firms as political entities.
| Author | : Eric Von Hippel |
| Publisher | : MIT Press |
| Total Pages | : 224 |
| Release | : 2006-02-17 |
| Genre | : Business & Economics |
| ISBN | : 0262250179 |
The process of user-centered innovation: how it can benefit both users and manufacturers and how its emergence will bring changes in business models and in public policy. Innovation is rapidly becoming democratized. Users, aided by improvements in computer and communications technology, increasingly can develop their own new products and services. These innovating users—both individuals and firms—often freely share their innovations with others, creating user-innovation communities and a rich intellectual commons. In Democratizing Innovation, Eric von Hippel looks closely at this emerging system of user-centered innovation. He explains why and when users find it profitable to develop new products and services for themselves, and why it often pays users to reveal their innovations freely for the use of all.The trend toward democratized innovation can be seen in software and information products—most notably in the free and open-source software movement—but also in physical products. Von Hippel's many examples of user innovation in action range from surgical equipment to surfboards to software security features. He shows that product and service development is concentrated among "lead users," who are ahead on marketplace trends and whose innovations are often commercially attractive. Von Hippel argues that manufacturers should redesign their innovation processes and that they should systematically seek out innovations developed by users. He points to businesses—the custom semiconductor industry is one example—that have learned to assist user-innovators by providing them with toolkits for developing new products. User innovation has a positive impact on social welfare, and von Hippel proposes that government policies, including R&D subsidies and tax credits, should be realigned to eliminate biases against it. The goal of a democratized user-centered innovation system, says von Hippel, is well worth striving for. An electronic version of this book is available under a Creative Commons license.
| Author | : Robert A. Dahl |
| Publisher | : University of Chicago Press |
| Total Pages | : 168 |
| Release | : 1956 |
| Genre | : Political Science |
| ISBN | : 9780226134260 |
Robert Dahl's Preface helped launch democratic theory fifty years ago as a new area of study in political science, and it remains the standard introduction to the field. Exploring problems that had been left unsolved by traditional thought on democracy, Dahl here examines two influential models--the Madisonian, which represents prevailing American doctrine, and its recurring challenger, populist theory--arguing that they do not accurately portray how modern democracies operate. He then constructs a model more consistent with how contemporary democracies actually function, and, in doing so, develops some original views of popular sovereignty and the American constitutional system.
| Author | : Piero Ammirato |
| Publisher | : Routledge |
| Total Pages | : 228 |
| Release | : 2018-04-27 |
| Genre | : Business & Economics |
| ISBN | : 1351657607 |
The Italian Cooperative Sector is amongst the largest in the world comprising over 60,000 cooperatives from all sectors of the economy directly employing 1.3 million people. Cooperatives created close to 30 percent of new jobs in Italy between 2001 and 2011 demonstrating that democratic cooperative enterprises can successfully operate in a market economy combining economic success and social responsibility. These offer a viable alternative to profit maximising enterprises and an opportunity to create a more pluralist and democratic market economy. The Growth of Italian Cooperatives: Innovation, Resilience and Social Responsibility comprehensively explains how the Italian cooperative sector has managed to compete successfully in the global economy and to grow during the global financial crisis. This book will comprehensively explain how the Italian cooperative movement has managed to grow into a large successful network of cooperatives. It will examine the legislative framework and their unique business model that allows it to compete in the market as part of a network that includes central cooperative associations, financial and economic consortia, and financial companies. It will explore cooperative entrepreneurship through a discussion of the formation of cooperative groups, start-ups, worker-buyouts and the promotion of entirely new sectors such as the social services sector. Finally, The Growth of Italian Cooperatives examines how cooperatives have managed the GFC and how their behavior differs from private enterprises. It will also analyze the extent to which cooperatives compete while still uphold the key cooperative principles and fulfil their social responsibility. This book is an interdisciplinary study of cooperative development and is designed to inform members of the academic community, government, public policy makers and cooperative managers that are primarily interested in economic democracy, economics of the cooperative enterprise, cooperative networks and economic development, cooperative legislation, democratic governance, job creation programs, politics of inclusion and how wealth can be more equitably distributed.
| Author | : Marjorie Kelly |
| Publisher | : Berrett-Koehler Publishers |
| Total Pages | : 220 |
| Release | : 2019-07-23 |
| Genre | : Social Science |
| ISBN | : 1523099941 |
Seven principles for a just and sustainable system, accompanied by true stories of “the people creating the institutions of the next economy” (Kat Taylor, cofounder, Beneficial State Bank). The extractive economy we live with now—designed by the 1 percent for the 1 percent—enables the financial elite to squeeze out maximum gain for themselves, heedless of damage to people or planet. But in this compelling book, Marjorie Kelly and Ted Howard show that there is a new economy emerging, focused on helping everyone thrive while respecting planetary boundaries. At a time when competing political visions are at stake the world over, this book urges a move beyond tinkering at the margins to address the systemic crisis of our economy. Kelly and Howard outline seven principles of what they call a Democratic Economy: community, inclusion, place (keeping wealth local), good work (putting labor before capital), democratized ownership, ethical finance, and sustainability. Each principle is paired with a place putting it into practice: Pine Ridge, Preston, Portland, Cleveland, and more. Included are stories not just of activists and grassroots leaders but of the unexpected accomplices of the Democratic Economy. Seeds of a future beyond corporate capitalism and state socialism are being planted in hospital procurement departments, pension fund offices, and even company boardrooms. The future remains uncertain—but Kelly and Howard help us understand how to nurture and grow those seeds into an equitable, ecologically sustainable economy that benefits all of us, not just the billionaires. “As champions of worker and community ownership, Kelly and Howard remind us that economic democracy is essential to political democracy and a viable human future.” —David Korten, author of When Corporations Rule the World
| Author | : Fred Block |
| Publisher | : Verso Books |
| Total Pages | : 337 |
| Release | : 2022-02-08 |
| Genre | : Political Science |
| ISBN | : 1839762675 |
What if our financial system were organized to the benefit of the many rather than simply empowering the few? Robert Hockett and Fred Block argue that an entirely different financial system is both desirable and possible. They outline concrete steps that could get us there. Financial systems move the worlds savings from investment to investment, chasing the highest rates of return. They run on profit. But what if investment went to the enterprises or institutions that provided things that the majority of people would prioritize? Democratizing Finance includes six responses that seek to amend, elaborate, and challenge the arguments developed by Hockett and Block. Some of the core arguments put forward by other contributors include calls for the rapid elimination of private financial entities, the dilemmas of the politics associated with financial reforms, and the fate of parallel proposals advanced in the US in the 1930s.
| Author | : Kevin Danaher |
| Publisher | : |
| Total Pages | : 232 |
| Release | : 2001 |
| Genre | : Business & Economics |
| ISBN | : |
Cultural Writing. In Democratizing The Economy, dozens of top-notch activists and educators examine the mounting protests against the World Bank and International Monetary Fund, why these lenders have finally generated such heated opposition and what the global justice movement proposes replacing them with in order to build a democratic global economy. Copyright © Libri GmbH. All rights reserved.
| Author | : Gar Alperovitz |
| Publisher | : Chelsea Green Publishing |
| Total Pages | : 226 |
| Release | : 2013 |
| Genre | : Business & Economics |
| ISBN | : 1603584919 |
"Never before have so many Americans been more frustrated with our economic system, more fearful that it is failing, or more open to fresh ideas about a new one. The seeds of a new economy--and, if we act upon it, a new system--are forming. What is that next system? It's not corporate capitalism, not state socialism, but something else--something entirely American. In What Then Must We Do?, Gar Alperovitz speaks directly to the reader about why the time is right for a revolutionary new economy movement, what it means to democratize the ownership of wealth, what it will take to build a new system to replace the decaying one--and how to strengthen our communities through cooperatives, worker-owned companies, neighborhood corporations, small and medium-size independent businesses, and publicly owned enterprises. For the growing group of Americans pacing at the edge of confidence in the old system, or already among its detractors, What Then Must We Do? offers an evolutionary, common-sense solution for moving from despair and anger to strategy and action."--Publisher's website.
| Author | : Clifford N. Rosenthal |
| Publisher | : FriesenPress |
| Total Pages | : 544 |
| Release | : 2018 |
| Genre | : History |
| ISBN | : 1525536621 |
Decades before Occupy Wall Street challenged the American financial system, activists began organizing alternatives to provide capital to “unbankable” communities and the poor. With roots in the civil rights, anti-poverty, and other progressive movements, they brought little training in finance. They formed nonprofit loan funds, credit unions, and even a new bank—organizations that by 1992 became known as “community development financial institutions,” or CDFIs. By melding their vision with that of President Clinton, CDFIs grew from church basements and kitchen tables to number more than 1,000 institutions with billions of dollars of capital. They have helped transform community development by providing credit and financial services across the United States, from inner cities to Native American reservations. Democratizing Finance traces the roots of community development finance over two centuries, a history that runs from Benjamin Franklin, through an ill-starred bank for African American veterans of the Civil War, the birth of the credit union movement, and the War on Poverty. Drawn from hundreds of interviews with CDFI leaders, presidential archives, and congressional testimony, Democratizing Finance provides an insider view of an extraordinary public policy success. Democratizing Finance is a unique resource for practitioners, policymakers, researchers, and social investors.
