Modern Economy

Volume 9, Issue 10 (October 2018)

ISSN Print: 2152-7245   ISSN Online: 2152-7261

Google-based Impact Factor: 0.81  Citations  h5-index & Ranking

The True Strong Point of Democratic Firm Management

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DOI: 10.4236/me.2018.910101    407 Downloads   586 Views  
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ABSTRACT

According to the author, the benefits society would derive from the transfer of corporate decision powers to workers upon the establishment of a democratic firm system include both the disempowerment of capitalists and, most importantly, a powerful impetus in the direction of full democracy. Capitalism is a despotic system enabling capitalists to impose their laws not only on workers, but even on politics and culture has been gaining wide currency. Therefore, one major advantage of democratic firm management is the enforcement of the “one head, one vote” principle in lieu of the “one share, one vote” criterion.

Cite this paper

Jossa, B. (2018) The True Strong Point of Democratic Firm Management. Modern Economy, 9, 1625-1634. doi: 10.4236/me.2018.910101.

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