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Industrial Democracy For The 21st Century

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Chapter Summary

In early America, leaders were expected to represent their, usually poorer, neighbors and thus out of a sense of honor to represent the interests of people quite different from themselves. Industrial Democracy is an alternative to the belief that lack of input on wages and working conditions can be compensated for by the gains workers will get as consumers. One of the major benefits of Industrial Democracy is that it helps society to self-regulate itself without being dependent only on the initiatives of politicians to do so. Industrial Democracy offers the potential not only for informing top management what the workers think, but informing government and society at large about all these little kinks in the marketplace.

Keywords: consumers; industrial democracy; wages



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