Economic Democracy - Assignment Point
Economic Democracy
Subject: Economics | Topics:

Proponents of economic democracy generally argue that modern capitalism periodically results in economic crises characterized by deficiency of effective demand, as society struggles to earn enough income to purchase its output. Economic democracy or even stakeholder democracy is a socioeconomic philosophy which proposes to adjust decision-making power coming from corporate managers and corporate shareholders to larger group involving public stakeholders that features workers, customers, providers, neighbors and your broader public.

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