INDUSTRIAL DEMOCRACY DISCOURSE IN THE KNOWLEDGE SOCIETY

Some consider conscious capitalism as an oxymoron! Others view conscious capitalism as an enlightened version of capitalism. This paper argues that the greatly increased emphasis in our civilization today on expanding one of the oldest and most basic values, the idea of democracy, has given the publ...

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Bibliographic Details
Published inAdvances in competitiveness research Vol. 28; no. 3/4; pp. 195 - 204
Main Authors Nodoushani, Omid, Robbins, Gregory, Stewart, Carol
Format Journal Article
LanguageEnglish
Published Indiana American Society for Competitiveness 01.01.2020
Subjects
Capitalism
Civilization
Decision making
Globalization
Industrial democracy
Institutionalization
Knowledge
Middle class
Modernity
Postmodernism
Profit centers
Profits
Society
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Summary:Some consider conscious capitalism as an oxymoron! Others view conscious capitalism as an enlightened version of capitalism. This paper argues that the greatly increased emphasis in our civilization today on expanding one of the oldest and most basic values, the idea of democracy, has given the public an interest in wanting more participation in the decision-making processes that vitally affect their welfare. It is the thesis of this paper that an extension of participative decision making into capitalism could develop what is called a theory of industrial democracy in the age of conscious capitalism.
ISSN:2330-4103