Democracy and Efficiency in the Economic Enterprise

Democracy and Efficiency in the Economic Enterprise
Author: Ugo Pagano
Publisher: Routledge
Total Pages: 441
Release: 2002-03-11
Genre: Business & Economics
ISBN: 1134800487

Download Democracy and Efficiency in the Economic Enterprise Book in PDF, Epub and Kindle

The collapse of central planning was hailed as evidence of the economic and moral superiority of capitalism over any possible alternative. The essays in this book challenge that claim. The case for more democratic forms of enterprise management is considered from a variety of viewpoints. One chapter deals with the philosophical justification for enterprise democracy. The remaining chapters are devoted to the question of efficiency, which has been central to economic debates about ownership and control. The orthodox belief amongst economists is that any shift to more democratic forms of enterprise control would be unworkable. The essays in this book provide a thorough theoretical and empirical critique of this orthodoxy.

Markets and Democracy

Markets and Democracy
Author: Samuel Bowles
Publisher: Cambridge University Press
Total Pages: 372
Release: 1993-07-22
Genre: Business & Economics
ISBN: 9780521432238

Download Markets and Democracy Book in PDF, Epub and Kindle

This book asks whether a modern, efficient economy can be rendered democratically accountable, and, if so, what strategic changes might be required to regulate the market- based interaction of economic agents. The contributors bring contemporary microeconomic theory to bear in an attempt to find a progressive replacement to traditional state socialism. Various approaches to the study of economic interaction are considered in an attempt to understand the relationship between power and efficiency in market economies.

Economic Justice and Democracy

Economic Justice and Democracy
Author: Robin Hahnel
Publisher: Routledge
Total Pages: 450
Release: 2013-05-13
Genre: Political Science
ISBN: 1135953767

Download Economic Justice and Democracy Book in PDF, Epub and Kindle

In Economic Justice and Democracy, Robin Hahnel puts aside most economic theories from the left and the right (from central planning to unbridled corporate enterprise) as undemocratic, and instead outlines a plan for restructuring the relationship between markets and governments according to effects, rather than contributions. This idea is simple, provocative, and turns most arguments on their heads: those most affected by a decision get to make it. It's uncomplicated, unquestionably American in its freedom-reinforcement, and essentially what anti-globalization protestors are asking for. Companies would be more accountable to their consumers, polluters to nearby homeowners, would-be factory closers to factory town inhabitants. Sometimes what's good for General Motors is bad for America, which is why we have regulations in the first place. Though participatory economics, as Robert Heilbronner termed has been discussed more outside America than in it, Hahnel has followed discussions elsewhere and also presents many of the arguments for and against this system and ways to put it in place.

The Role of Large Enterprises in Democracy and Society

The Role of Large Enterprises in Democracy and Society
Author: B. Fryzel
Publisher: Springer
Total Pages: 317
Release: 2015-12-04
Genre: Business & Economics
ISBN: 0230283136

Download The Role of Large Enterprises in Democracy and Society Book in PDF, Epub and Kindle

Uses both political and democratic studies perspectives as well as economic, philosophical and managerial to provide a practical insight into the issues like the extensive economic power of large enterprises and changing balance of power between public and private sector, regulation and the governance of large private entities.

Industrial Democracy

Industrial Democracy
Author: Glenn Edward Plumb
Publisher: [London?] : G. Allen & Unwin
Total Pages: 392
Release: 1923
Genre: Cooperation
ISBN:

Download Industrial Democracy Book in PDF, Epub and Kindle

Democracy and Efficiency in the Economic Enterprise

Democracy and Efficiency in the Economic Enterprise
Author: Ugo Pagano
Publisher: Routledge
Total Pages: 352
Release: 2002-03-11
Genre: Business & Economics
ISBN: 1134800495

Download Democracy and Efficiency in the Economic Enterprise Book in PDF, Epub and Kindle

The collapse of central planning was hailed as evidence of the economic and moral superiority of capitalism over any possible alternative. The essays in this book challenge that claim. The case for more democratic forms of enterprise management is considered from a variety of viewpoints. One chapter deals with the philosophical justification for enterprise democracy. The remaining chapters are devoted to the question of efficiency, which has been central to economic debates about ownership and control. The orthodox belief amongst economists is that any shift to more democratic forms of enterprise control would be unworkable. The essays in this book provide a thorough theoretical and empirical critique of this orthodoxy.

Democratic Governance and Economic Performance

Democratic Governance and Economic Performance
Author: Dino Falaschetti
Publisher: Springer Science & Business Media
Total Pages: 146
Release: 2009-06-02
Genre: Business & Economics
ISBN: 0387787070

Download Democratic Governance and Economic Performance Book in PDF, Epub and Kindle

Conventional wisdom warns that unaccountable political and business agents can enrich a few at the expense of many. But logically extending this wisdom implies that associated principals – voters, consumers, shareholders – will favor themselves over the greater good when ‘rules of the game’ instead create too much accountability. Democratic Governance and Economic Performance rigorously develops this hypothesis, and finds statistical evidence and case study illustrations that democratic institutions at various governance levels (e.g., federal, state, corporation) have facilitated opportunistic gains for electoral, consumer, and shareholder principals. To be sure, this conclusion does not dismiss the potential for democratic governance to productively reduce agency costs. Rather, it suggests that policy makers, lawyers, and managers can improve governance by weighing the agency benefits of increased accountability against the distributional costs of favoring principal stakeholders over more general economic opportunities. Carefully considering the fundamentals that give rise to this tradeoff should interest students and scholars working at the intersection of social science and the law, and can help professionals improve their own performance in policy, legal, and business settings.

Democratic Efficiency

Democratic Efficiency
Author: Lee Ryan Miller
Publisher: AuthorHouse
Total Pages: 212
Release: 2004-10-07
Genre: Education
ISBN: 1418401633

Download Democratic Efficiency Book in PDF, Epub and Kindle

This ground-breaking book demonstrates that the decentralized decision-making processes characteristic of democracies are responsible for making them the most successful countries in the world. Part I draws upon literature from fields as diverse as economics, computer architecture, and industrial organization to demonstrate that the more equally power is distributed in society, the closer government policy comes to maximizing aggregate social welfare. It also analyzes political business cycles, economic growth rates, trade protectionism, and military spending levels throughout the world, presenting a wealth of cross-national statistical evidence in support of the theory of democratic efficiency. Part II takes a critical look at the United States Congress. It details the organization of a congressional office and provides a fascinating minute-by-minute account of a week in the life of a member of the House of Representatives. It explains why the very organization of the American political system tends to short-circuit the intentions of its participants, however noble they might be. This scope of this book is so broad, and its conclusions so sweeping, that it belongs on the reading list of courses in American politics, political theory, comparative politics, international relations, and political economy.

A Preface to Economic Democracy

A Preface to Economic Democracy
Author: Robert A. Dahl
Publisher: Univ of California Press
Total Pages: 194
Release: 2023-04-28
Genre: Philosophy
ISBN: 0520341163

Download A Preface to Economic Democracy Book in PDF, Epub and Kindle

Tocqueville pessimistically predicted that liberty and equality would be incompatible ideas. Robert Dahl, author of the classic A Preface to Democratic Theory, explores this alleged conflict, particularly in modern American society where differences in ownership and control of corporate enterprises create inequalities in resources among Americans that in turn generate inequality among them as citizens. Arguing that Americans have misconceived the relation between democracy, private property, and the economic order, the author contends that we can achieve a society of real democracy and political equality without sacrificing liberty by extending democratic principles into the economic order. Although enterprise control by workers violates many conventional political and ideological assumptions of corporate capitalism as well as of state socialism. Dahl presents an empirically informed and philosophically acute defense of "workplace democracy." He argues, in the light of experiences here and abroad, that an economic system of worker-owned and worker-controlled enterprises could provide a much better foundation for democracy, political equality, and liberty than does our present system of corporate capitalism. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1986. Tocqueville pessimistically predicted that liberty and equality would be incompatible ideas. Robert Dahl, author of the classic A Preface to Democratic Theory, explores this alleged conflict, particularly in modern American society where difference