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  1. University of Yangon
  2. Department of International Relations

Democratic equilibria: Albert Hirschman and workplace democracy

http://hdl.handle.net/20.500.12678/0000008013
096fa1f0-f7cb-46f7-9e0e-af5460a02f8d
e09704b1-f723-4217-9250-9d6a4c383fdb
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Democratic Democratic equilibria Albert Hirschman and workplace democracy.pdf (1.8 MB)
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Publication type Journal article
Upload type Publication
Title
Democratic equilibria: Albert Hirschman and workplace democracy
en
Publication date 2019-11-06
Authors
Richard, Stanislas
Description
This paper clarifies the usage of Albert Hirschman’s categories of market behaviour as of exit and voice in debates about workplace democracy by taking seriously his critique of the neoclassical analysis of competition. Pro-market liberals are generally hostile to the idea of workplace democracy and tend to favour top-down hierarchies as a way of organising labour. This hostility is generally inspired by the neoclassical analysis of exploitation and efficiency, which leads them to defend distributions achieved through exit-based competitive equilibria. Following Hirschman, I propose to consider a hypothetical alternative: a democratic equilibrium, reached through the use of voice. I show that it would present the same appealing characteristics than its competitive counterpart while also accounting for the non-ideal conditions in which markets operate. Support for free markets should entail support for workplace democracy minimally understood as a strengthening of voice.
Keywords
workplace democracy
Keywords
exploitation
Keywords
market efficiency
Keywords
Albert Hirschman
Journal articles
3
Review of Social Economy
286-306
78
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