Participation of employees in defining economic policy and strategyDarko Marinković

Social democracy - the participation of employees in decision-making, which includes the right to information, consultation, insight and control over the implementation of decisions, collective bargaining, social dialogue, etc. - is a significant civilisational achievement of the modern age, belonging among the corpus of human rights and freedoms, and thereby acting as a source of strength for employees in terms of defining and implementing economic policies and the development strategies of a company. This is supported by today’s generally-accepted view that human resources are the key driving force in economic and technological development, which confirms that the best results in these terms are achieved by those countries that invest the most in the development of human resources. From that logically arises the need to include as many of the human resources in decision-making processes at different levels as possible, as an essential determinant of the meaning and practice of participatory democracy.