Aufgrund der nach wie vor äußerst unbefriedigenden Lage auf dem Arbeitsmarkt wird intensiv nach Lösungen gesucht, diese Situation zu verbessern. Dabei sind, nicht zuletzt aufgrund ihrer geschichtlichen Entstehung als "Kinder der Not" (Marburger Bank o. J.), auch die Genossenschaften in den...

Thanks to algorithmic management, the digital platform sector does not require sophisticated governance structures and labour intensity tends to be higher than in traditional sectors. So, why aren’t usually digital labour platforms worker cooperatives? We develop a simple model to study the...

The idea that profit sharing increases employment has been widely tested, but the theoretical basis for the claim is weak and the empirical results are ambiguous. This paper shows that employee stock ownership based on individually-held stakes avoids the problems of traditional profit sharing....

Gewerkschaften werden oft von Liberalen und Libertären kritisiert. Dabei sind sie Ausdruck grundlegender Freiheitsrechte, insbesondere der Vereinigungsfreiheit. Auch das Streikrecht ist innerhalb gewisser Grenzen ein legitimes Freiheitsrecht. Eine freie Gesellschaft ist mehr als Marktwirtschaft...

Alchian and Demsetz’s (1972) influential explanation of the classical business firm argues that there is need for a concentrated residual claim in the hands of a central agent, to motivate the monitoring of workers. We model monitoring as a way to transform team production from a collective...

This study sought to problematize the institutional configurations of the solidarity economy policy implemented in Brazil between 2003 and 2016, focusing on the combination of instruments and resources used. The analysis unfolded in two dimensions: i) instrumental, focusing on the operational...

Employee ownership has attracted growing attention for its potential to improve economic outcomes for companies, workers, and the economy in general, and help reduce inequality. Over 100 studies across many countries indicate that employee ownership is generally linked to better productivity,...

A major theoretical objection against employee ownership is that workers become inadequately diversified and exposed to excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in employer stock provided the rest of the portfolio is...

Employee ownership has attracted growing attention for its potential to improve economic outcomes for companies, workers, and the economy in general, and help reduce inequality. Over 100 studies across many countries indicate that employee ownership is generally linked to better productivity,...