Buying into capitalism? Employee ownership in a disconnected era
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This paper considers whether employee ownership mitigates the negative workplace outcomes identified by the Disconnected Capitalism Thesis (DCT). Drawing on a programme of in-depth interviews with workers and managers in EOBs, the paper reveals how they are partially insulated from the vicissitudes endemic within contemporary capitalism. In contrast to the workplace outcomes envisaged within the DCT, these firms are characterised by strong workforce participation, high levels of employment security, active employee engagement and strong levels of employee creativity. Not only are these features beneficial for productivity and firm performance, they generate a form of “connected” capitalism, partially offsetting wider negative systemic forces at play in the economy.
Brown , R , McQuaid , R , Raeside , R , Dutton , M , Egdell , V & Canduela , J 2019 , ' Buying into capitalism? Employee ownership in a disconnected era ' , British Journal of Industrial Relations , vol. 57 , no. 1 , pp. 62-85 . https://doi.org/10.1111/bjir.12309
British Journal of Industrial Relations
Copyright (c) 2018 John Wiley & Sons Ltd. This work is made available online in accordance with the publisher’s policies. This is the author created, accepted version manuscript following peer review and may differ slightly from the final published version. The final published version of this work is available at https://doi.org/10.1111/bjir.12309
DescriptionThe authors wish to thank Scottish Enterprise for funding the study reported in this article.
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