Democratizing the Corporation: The Bicameral Firm and Beyond

By: Isabelle Ferreras and Tom Malleson and Joel Rogers

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Synopsis: Worker representation is the first step toward democratizing the economyAlthough contemporary Western societies refer to themselves as &“democratic,&” the bulk of the population spend much of their lives in workplaces that have more in common with tyranny. Gigantic corporations such as Amazon, Meta, Exxon, and Walmart are among the richest and most powerful institutions in the world yet accountable to no one but their shareholders. The undemocratic nature of conventional firms generates profound problems across society, hurting more than just the workplace and contributing to environmental destruction and spiraling inequality.Against this backdrop, Isabelle Ferreras proposes a radical but realistic plan to democratize the private firm. She suggests that all large firms should be bicamerally governed, with a chamber of worker representatives sharing equal governance power with the standard board representing owners. In response to this proposal, twelve leading experts on corporate behavior from multiple disciplines consider its attractiveness, viability, and achievability as a &“real utopian&” proposal to strengthen democracy in our time.

Book Quality:: Publisher Quality
ISBN-13:: 9781804294550
Related ISBNs:: 9781804294536
Publisher:: Verso Books
Date of Addition:: 03/19/24
Copyrighted By:: Verso
Adult content:: No
Language:: English
Has Image Descriptions:: No
Categories:: History, Nonfiction, Business and Finance, Philosophy, Politics and Government
Submitted By:: Bookshare Staff
Usage Restrictions:: This is a copyrighted book.
Edited by:: Isabelle Ferreras
Edited by:: Tom Malleson
Edited by:: Joel Rogers