{"title":"Democratizing the Corporation: The Bicameral Firm as Real Utopia","authors":"Isabelle Ferreras","doi":"10.1177/00323292231168708","DOIUrl":null,"url":null,"abstract":"In the context of capitalist democracies, the contradiction between people's expectations of equality and the subordination they experience at work is intense. I argue that it is the defining experience of the contradiction between capitalism and democracy. Capitalism grants political rights to property owners, while democracy grants political rights to the citizens recognized as equals. They are thus regimes of government that distribute rights in dramatically different ways. This essay is grounded in the understanding that firms are best analyzed as “political entities,” and workers as “labor investors,” and have thus a legitimate right to bear on the government of their work life. Examining the history of how political entities have become democratic through the innovation of bicameralism provides a “real utopia”: economic bicameralism, that is, a set of patterns that may be applied to democratize and transition the corporate firm beyond capitalism.","PeriodicalId":47847,"journal":{"name":"Politics & Society","volume":"51 1","pages":"188 - 224"},"PeriodicalIF":4.1000,"publicationDate":"2023-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Politics & Society","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1177/00323292231168708","RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"POLITICAL SCIENCE","Score":null,"Total":0}
引用次数: 3
Abstract
In the context of capitalist democracies, the contradiction between people's expectations of equality and the subordination they experience at work is intense. I argue that it is the defining experience of the contradiction between capitalism and democracy. Capitalism grants political rights to property owners, while democracy grants political rights to the citizens recognized as equals. They are thus regimes of government that distribute rights in dramatically different ways. This essay is grounded in the understanding that firms are best analyzed as “political entities,” and workers as “labor investors,” and have thus a legitimate right to bear on the government of their work life. Examining the history of how political entities have become democratic through the innovation of bicameralism provides a “real utopia”: economic bicameralism, that is, a set of patterns that may be applied to democratize and transition the corporate firm beyond capitalism.
期刊介绍:
Politics & Society is a peer-reviewed journal. All submitted papers are read by a rotating editorial board member. If a paper is deemed potentially publishable, it is sent to another board member, who, if agreeing that it is potentially publishable, sends it to a third board member. If and only if all three agree, the paper is sent to the entire editorial board for consideration at board meetings. The editorial board meets three times a year, and the board members who are present (usually between 9 and 14) make decisions through a deliberative process that also considers written reports from absent members. Unlike many journals which rely on 1–3 individual blind referee reports and a single editor with final say, the peers who decide whether to accept submitted work are thus the full editorial board of the journal, comprised of scholars from various disciplines, who discuss papers openly, with author names known, at meetings. Editors are required to disclose potential conflicts of interest when evaluating manuscripts and to recuse themselves from voting if such a potential exists.