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What is The Democratic Firm: Economic Democracy Explained about?

This document provides an introduction to the concept of an economic democracy and democratic firms. It argues that capitalism suffers from inconsistency in violating principles of democracy and private property, whereas an economic democracy based on democratic firms could respect both principles. A democratic firm is owned and controlled by all its working members, similar to a democratic government. While markets, private property, and entrepreneurship could still exist, the employment relationship would

Author

bensbloom159

Language

EN