Category Archives: Periodical

The uncertain future of employee ownership

The article summarizes the experience of two decades of experiments with employee stock ownership programs in the United States. The author was an active participant of the movement for ESOPs. In his view, the programs did not fulfil the early hopes. The ESOP companies can be found on the periphery of the US economy, and suffer from capital shortage. (First published in Dollars and Sense, US.)

The future of Mitbestimmung in Germany

Mitbestimmung, or co-determination, was a major novelty of workplace democracy in post-war Germany. It used to be criticized for its function in eliminating class struggle and increasing the divisions within the working class. The new critics, however, come from the right, and intend to reform this mechanism for the purposes of neo-liberal streamlining.