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This book explores a quiet revolution reshaping global capitalism: the rise of employee ownership, worker cooperatives, and profit-sharing enterprises.
List of contents
Introduction: The theory and practice of employee ownership
1. Meta economics: generating moral economies
2. Continental ambivalence toward employee ownership: philosophical and historical interpretations
3. Automation, artificial intelligence and capital concentration - A race for the machine
4. Defending and expanding industrial democracy and worker cooperatives in an age of neoliberal globalisation
5. Employee ownership trusts: an employee ownership success story?
6. A critical analysis of different forms of employee ownership
7. Profit Sharing in Practice: Its Prevalence and Influence on Job Satisfaction Controlling for Workplace Amenities
8. The first study of majority employee-owned enterprises in the U.S.: an historical retrospective analysis
9. Explaining the rarity gap of worker cooperatives between France and Italy
10. Development of employee financial participation schemes in EU member states and their impact on firm performance: new evidence using European Company Surveys
11. Where employee ownership works best
12. Employee Stock Ownership Plans (ESOPs) as social enterprise
13. Employee ownership for union workers: positive outcomes and negative perceptions
14. Ecosystem supports for incarcerated worker co-ops
15. How do platform co-ops work? Social empowerment challenges from the implementation of CoopCycle in Argentina
16. Cash profit sharing and labour productivity in family firms: Exploring the effects of R&D and capital intensities
About the author
Joseph Blasi is the J. Robert Beyster Distinguished Professor and Director of the Institute for the Study of Employee Ownership and Profit Sharing at the School of Management and Labor Relations at Rutgers University. He is an economic sociologist, and his work includes economic sociology, social and economic history, and public policy, particularly focused on the issue of capital shares, profit sharing, gain sharing, and stock options in corporations, across countries, industries, and regions.
Jonathan Michie is Professor of Innovation and Knowledge Exchange and a Pro-Vice-Chancellor at the University of Oxford, where he is also President of Kellogg College. He is the Director of the Centre on Mutual & Co-owned Business, a Fellow of the Academy of Social Sciences, and was awarded an OBE for his services to education and lifelong learning. He is the Managing Editor of the
International Review of Applied Economics, and Chair of the Universities Association for Lifelong Learning.
