Potentials and Dangers of Corporatism
Potentials and Dangers of Corporatism
Argues that while corporatism poses some serious dangers for labour, it also offers the prospect of making some headway towards economic democracy. Corporatism has three key advantages over other industrial relations systems. First, by requiring workers to overcome collective action problems, it maximizes their strength and enables them to have a sustained power advantage over the employers. Second, it enables workers to pursue income policies, social contracts, and other forms of society‐wide bargaining, in which they exchange goods, such as wage rises, over which they have a lot of influence for goods, such as greater control, over which their direct influence is weaker. And third, it enables the goods that are obtained to be distributed to all workers.
Keywords: collective action, control, corporatism, employers, incomes policy, industrial relations, labour, power, social contract, workers
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