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Economic Democracy: The Politics of Feasible Socialism

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  • Archer, Robin

    (Corpus Christi College, Oxford)

Abstract

This book argues that socialism could return to the centre of political life in the advanced capitalist countries by pursuing the goal of economic democracy. But the book is not just directed at socialists. For its principal aim is to convince socialists and non-socialists alike that there is both a strong moral case for economic democracy and a feasible strategy for achieving it. Robin Archer defines economic democracy as a system in which firms operate in a market economy but are governed by their workers. To show that economic democracy is a morally desirable goal he appeals to the value of individual freedom. To show that it is a feasible goal he appeals to the advantages of a corporatist industrial relations system. A corporatist system enables workers to pursue economic democracy through a series of trade-offs in which they exchange wage rises or other goods for incremental increases in control. But rational governments and capitalists will only agree to these trade-offs if certain conditions are met. Archer sets out these conditions and shows that they have in fact been met in recent years.

Suggested Citation

  • Archer, Robin, 1995. "Economic Democracy: The Politics of Feasible Socialism," OUP Catalogue, Oxford University Press, number 9780198278917.
    • Handle: RePEc:oxp:obooks:9780198278917
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    Cited by:

    1. Makovi, Michael, 2016. "The Impossibility of Democratic Socialism: Two Conceptions of Democracy," MPRA Paper 70172, University Library of Munich, Germany.
    2. Ewald Engelen, 2004. "Problems of Descriptive Representation in Dutch Works Councils," Political Studies, Political Studies Association, vol. 52(3), pages 491-507, October.
    3. Ryan Gunderson, 2019. "Work time reduction and economic democracy as climate change mitigation strategies: or why the climate needs a renewed labor movement," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 9(1), pages 35-44, March.
    4. Manuel Couret Branco, 2006. "The Right to Work and the Political Economy of Human Rights," Economics Working Papers 08_2006, University of Évora, Department of Economics (Portugal).
    5. Ed Collom, 2000. "Worker Control: The Bases of Women's Support," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 21(2), pages 211-235, May.
    6. Manuel Couret Branco, 2006. "The Political Economy of Democratic Governance and Economic Development," Economics Working Papers 12_2006, University of Évora, Department of Economics (Portugal).
    7. Malleson, Tom, 2014. "After Occupy: Economic Democracy for the 21st Century," OUP Catalogue, Oxford University Press, number 9780199330102.

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