Economic Democracy and the Modern Left Cover Image

Ekonomska demokratija i moderna ljevica
Economic Democracy and the Modern Left

Author(s): Goran Marković
Subject(s): Labor relations, Government/Political systems, Political economy
Published by: Centar za unapređivanje pravnih studija
Keywords: economic democracy; workers’ participation; workers’ control; workers’ self-management; workers’ cooperatives; the left

Summary/Abstract: Economic democracy is an idea which different forces on the Left (political, trade unionist and intellectual) advocate for more than a century. Its essence is in the attitude that democracy cannot be just a political democracy for people cannot be politically equal if exploitation exists in the economic sphere. Therefore, economic democracy has to secure integral social democracy. The author analyses the views of the modern Left on economic democracy. He analyses attitude of the left-wing political parties as well as the left-wing authors. Economic democracy includes different models, from workers’ participation and workers’ control to workers’ self-management. Experiences of enterprises under different ownership regimes are discussed, with particular attention to workers’ cooperatives and enterprises under workers occupation. The author concludes that the Left (i.e. forces on the left to the social democracy) accepts different models of economic democracy, considering that it has to contribute to fulfilling different aims. Particular differences in understanding of economic democracy do exist, depending on ideological and political standpoints as well as on social conditions under which economic democracy has to be achieved.

  • Issue Year: 2014
  • Issue No: 1-2
  • Page Range: 11-37
  • Page Count: 17
  • Language: Bosnian