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.” A 2021 qualitative analysis finds that codetermination is an effective strategy for curbing corporate political power. A synthesis of case studies, interviews, and surveys suggests that existing codetermination laws grant workers power in three areas: moderate control over working conditions, small influence in layoffs, and small influence over wage setting. The largest corporations already account for a larger share of the economy than at almost any time during the last 100 years, and the emerging data economy threatens to further consolidate economic resources. The "non-domination principle": excessive power in the hands of a few corporations is a threat to the democratic state. From the perspective of large corporations, codetermination may be a more preferable measure to lessen their power than alternatives, such as higher tax rates, or being split into several smaller corporations.

sources

Codetermination and the Democratic State What Does Codetermination Do? The Employer Response to the Guaranteed Annual Income

authors

Horst Eudenmueller Jens Dammann Benjamin Schoefer Shakkad Noy Simon Jäger David Calnitsky

reports

Codetermination Basic Income