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Some Basic Issues in Economic Democracy

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  • Hans Aage

Abstract

Based on a comparison of some recent and earlier proposals for economic democracy some basic, mainly economic, issues are identified: rights of property, management and income; decisions on technology and investment; political institutions; the functions of the state and the market. The Yugoslav solution and a recent Danish blueprint for economic democracy show striking similarities. Many proposals share the problem that despite increasing consensus and motivation inside the firm, self-management does not automatically provide social responsibility of management or a solution to problems arising from the separation of economic authority and economic responsibility which are immanent in administered economies.

Suggested Citation

  • Hans Aage, 1983. "Some Basic Issues in Economic Democracy," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 4(1), pages 69-84, February.
  • Handle: RePEc:sae:ecoind:v:4:y:1983:i:1:p:69-84
    DOI: 10.1177/0143831X8300400105
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