Pension Fund Power: Employee Control in the 1980s?

Abstract

By contrast with industrial democracy, which relates to control of the enterprise, economic democracy is concerned with ownership of the organisation. Participation by employees in ownership of the enterprise involves a change in the system or in the pattern of ownership. In the most extreme form, employees themselves, through their trade unions or through employees' share holdings or otherwise, would come to own the enterprise and thence to run it. Thus ownership and control would become inextricably fused. It can be seen that like some systems of industrial democracy through worker directors, economic democracy is power‐centred and policy‐based.

Citation

Cuthbert, N. and Dobbins, R. (1980), "Pension Fund Power: Employee Control in the 1980s?", Employee Relations, Vol. 2 No. 4, pp. 21-23. https://doi.org/10.1108/eb054953