Democracy and Efficiency in the Economic Enterprise  book cover
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1st Edition

Democracy and Efficiency in the Economic Enterprise



ISBN 9780203011416
Published May 24, 1996 by Routledge
352 Pages

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Book Description

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.