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.

Highlights

  • IntroductionThe substitution of the “one head, one vote” principle for the “one share, one vote” criterion is doubtless a major advantage associated with democratic firm management.1 In cooperative firms, the main recipients of the resulting benefits would be the partners themselves, in terms that the exercise of decision-making (i.e. sovereign) powers would give them the satisfaction that comes from ceasing to be subject to decisions made by others.2 The plan to wrest workers free from

  • 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

  • Marx held that bourgeois democracy emancipates man only in the political sphere, but not in the material relationships he entertains in society

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Summary

Introduction

The substitution of the “one head, one vote” principle for the “one share, one vote” criterion is doubtless a major advantage associated with democratic firm management.1 In cooperative firms, the main recipients of the resulting benefits would be the partners themselves, in terms that the exercise of decision-making (i.e. sovereign) powers would give them the satisfaction that comes from ceasing to be subject to decisions made by others.2 The plan to wrest workers free from

Jossa DOI
The Sway of Capital over Labour
The Bourgeoisie Is in Contradiction with Itself
Notes on Historical Materialism
State Intervention in a System of Producer Cooperatives
Conclusion
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