Buying into Capitalism? Employee Ownership in a Disconnected Era

Ross Brown, Ronald Mcquaid, Robert Raeside, Matthew Dutton, Valerie Egdell, Jesus Canduela

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)

Abstract

This article 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 employee-owned businesses (EOBs), the article 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 characterized 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.

Original languageEnglish
Pages (from-to)62-85
JournalBritish Journal of Industrial Relations
Volume57
Issue number1
Early online date18 Apr 2018
DOIs
Publication statusPublished - 2018

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