CLEO Logo

School of Management and Labor Relations

Keyword Search

Results for: Economic Systems | Showing Results: 26 to 50 | Total Results: 39 | Sort By: Alphabetical Publication Date

The Economic Effects of Profit Sharing in Great Britain 

There are a number of ways to have workers' remuneration linked more readily with firms' commercial performance. One is to link wages to profits by using cash-based profit sharing (where workers are made cash payments which vary with employer's profitability). A second is to have workers paid partly in their firms' own shares. A third, and more extreme alternative, is producer co-operatives where workers participate in profits, ownership and decision-making. In this article we examine both the theoretical and empirical evidence in support of such schemes. 
Author: Blanchflower, David G.
Pub. Date: 1991-01-01

The Economy: Under New Ownership 

To make an economy that serves us, we need to own the jobs and the businesses—together. How cooperatives are leading the way to empowered workers and healthy communities... 
Author: Kelly, Marjorie
Pub. Date: 2013-02-19

The End of Illth: In Search of an Economy That Won't Kill Us 

In the wake of the 2010 Massey mining disaster in West Virginia, the author asks whether employee ownership could improve workplace safety, and how such cooperatives might serve as a model for an alternative form of capitalism based on the sustainable use of natural and human resources.  
Author: Reece, Erik
Pub. Date: 2013-10-04

The Kelso Institute 

Louis O. Kelso (1913-91) was a political economist in the classical tradition of Smith, Marx and Keynes. He was also a corporate and financial lawyer, author, lecturer and merchant banker who is chiefly remembered today as the inventor and pioneer of the Employee Stock Ownership Plan (ESOP), the prototype of the leveraged buy-out which Kelso invented to enable working people without savings to buy stock in their employer company and pay for it out of its future dividend yield.  
Author: The Kelso Institute
Pub. Date: 2010-01-01

The New Capitalists: A Proposal to Free Economic Growth from the Slavery of Savings 

This essay, devoted to explaining the financed-capitalist plan, is an attempt to advance our practical thinking about capitalism. It does not add anything except evidence of feasibility to the theory of capitalism as outlined in our earlier book.
Author: Kelso, Louis O.; Adler, Mortimer Jerome
Pub. Date: 1975-08-02

The Political Economy of Employee Ownership in the United States: From Economic Democracy to Industrial Democracy?  

This study examines the development of economic democracy in the United States since the 1700s with particular emphasis on the last 30 years. The particular focus is on employee ownership... 
Author: Blasi, Joseph; Kruse, Douglas
Pub. Date: 2006-03-01

The Scope, Nature, and Effects of Employee Stock Ownership Plans in Japan 

Using data for various years, including new data for 1973 through 1984, the scope, nature, determinants, and effects of employee stock ownership plans (ESOP) in Japan are examined. 
Author: Jones, Derek C.; Kato, Takao
Pub. Date: 1993-01-01

The Wealthy and Powerful Discover Inequality 

Even the rich are admitting that inequality is bad for business... 
Author: Blasi, Joseph
Pub. Date: 2014-08-20

Theoretical and Empirical Studies of Producer Cooperatives: Will Ever the Twain Meet? 

Producer cooperatives (hereafter, PC) have existed in Western economies since the advent of the factory system. The oldest surviving PCs in the U.K. and Italy are over one hundred years old. By analyzing the theoretical properties of PCs, economists hope to assess whether popularization of the PC form, or transplantation of some of its characteristics into other organizations, would benefit or harm social welfare.  
Author: Bonin, John P.; Jones, Derek C.; Putterman, Louis
Pub. Date: 1993-01-01

Thinking Globally, Acting Locally: Promoting Employee Ownership at the Subnational Level 

There are at least six reasons why we should be concerned with encouraging employee ownership at thesubnational level: at the level of the state, the province, the region, the municipality, or other subnationalgovernmental units or at the level of the industrial branch, cutting across governmental geographic units. 
Author: Logue, John
Pub. Date: 2001-05-01

Wages, Employment, and Capital in Capitalist and Worker-Owned Firms 

The authors investigate how worker-owned and capitalist enterprises differ with respect to wages, employment, and capital in Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms.  
Author: Pencavel, John; Pistaferri, Luigi; Schivardi, Fabiano
Pub. Date: 2006-01-01

We the Owners: Employees Expanding the American Dream Official Trailer 

Integrating art, business and education, this documentary film captures inspiring stories of employees and founders from three companies, each structured with distinct forms of broad-based employee ownership, who share an insider’s view of shared wealth and responsibility, high involvement culture, and their approaches and challenges in creating opportunity and prosperity through ownership. 
Author: Foundation for Enterprise Development; Passage Productions
Pub. Date: 2012-01-01

When Workers Share in Profits: Effort and Responses to Shirking 

This paper summarizes new evidence from the “Shared Capitalism” Project on the extent to which workers’ earnings depend on the performance of their firm or work group in the US and advanced European countries and on the impact of sharing arrangements on economic behavior. 
Author: Freeman, Richard B.
Pub. Date: 2008-07-01

Worker Participation: Lessons from the Workers Co-Ops of the Pacific Northwest 

The purpose of this book is to consider some consequences of worker participation in production and to provide an accessible economics perspective on two groups of worker co-ops in the Pacific Northwest: the plywood co-ops and the forestry worker co-ops. 
Author: Pencavel, John
Pub. Date: 2002-02-01