Towards a Democratic Economy
Briefly

The article discusses a notable paradox in our understanding of governance, emphasizing that while we cherish democratic rights in political spheres, we often surrender these rights within corporate environments. Companies impose significant control over their employees, similar to governmental authority, yet this corporate governance lacks democratic underpinning. The need for democratization in the workplace is pressing, as modern firms necessitate hierarchical coordination for effective production. This call for a reassessment of authority within workplaces highlights the inconsistency in how we perceive governance in different spheres of life.
Corporate governance embodies stronger forms of control than state governance, as firms possess the authority to dictate and oversee employee behavior intimately.
Democratizing workplaces is essential, as modern firms rely on intricate hierarchical structures for operational coordination, requiring a re-examination of authority.
Read at Apaonline
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