Democratizing the Corporation

The Bicameral Firm and Beyond
How democracy can be extended to the workplace
Although contemporary Western societies refer to themselves as "democratic," the bulk of the population spend much of their lives in workplaces that have more in common with tyranny. Gigantic corporations such as Amazon, Meta, Exxon, and Walmart are among the richest and most powerful institutions in the world yet accountable to no one but their shareholders. The undemocratic nature of conventional firms generates profound problems across society, hurting more than just the workplace and contributing to environmental destruction and spiraling inequality.

Against this backdrop, Isabelle Ferreras proposes a radical but realistic plan to democratize the private firm. She suggests that all large firms should be bicamerally governed, with a chamber of worker representatives sharing equal governance power with the standard board representing owners. In response to this proposal, twelve leading experts on corporate behavior from multiple disciplines consider its attractiveness, viability, and achievability as a "real utopian" proposal to strengthen democracy in our time.

Contributor: Isabelle Ferreras (Edited by), Tom Malleson (Edited by), Joel Rogers (Edited by), David Ellerman (Contributions by), Thomas Ferretti (Contributions by), Marc Fleurbaey (Contributions by), Robert F. Freeland (Contributions by), Axel Gosseries (Contributions by), Carly Knight (Contributions by), Ewan McGaughey (Contributions by), Max Krahé (Contributions by), Christopher Mackin (Contributions by), Lenore Palladino (Contributions by), Sanjay Pinto (Contributions by), Simon Pek (Contributions by), Bo Rothstein (Contributions by)

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