Labor Power

insights

“ When payment is conditional on work or narrowly targeted, basic income will increase workers’ market dependence and facilitate exploitation, but when it is generous, broadly available, and crucially, delinked from work, it will obstruct exploitation.” Skilled employees of German firms with 50% codetermination are protected against layoffs and adverse shock. Existing codetermination laws convey relatively little power to workers. Workers and managers unanimously agree that worker representatives wield more influence over decisions about working conditions than over any other kind of decision. “ There is nearly unanimous agreement that worker representatives have no influence on broad strategic decisions, even when they sit on company boards.” Under German codetermination, employees use their power in equal representation firms (1/2 parity codetermination) to increase the employees-to-sales and wage bill-to-sales ratios.

sources

Voice at Work Codetermination and the Democratic State Codetermination: A Poor Fit for U.S. Corporations What Does Codetermination Do? The Physical Basis of Voluntary Trade The Employer Response to the Guaranteed Annual Income

authors

Benjamin Schoefer Simon Jäger Jarkko Harju Horst Eudenmueller Jens Dammann Shakkad Noy Karl Widerquist David Calnitsky

reports

Codetermination Basic Income