Problems of Worker Democracies

Hensel, K. Paul

doi:10.1007/978-1-349-20145-7_9

K. Paul Hensel

Part of the book series: Trade Policy Research Centre ((TPRC))

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Abstract

The main economic function of heads of firms is to run their establishments so that they are profitable. Whichever form of decision-making may be used in the firm, it must comply with this general logic of a firm’s behaviour if economic activity is to be of as much benefit as possible to the general welfare.

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Authors

K. Paul Hensel
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Editors and Affiliations

David Hume Institute, Edinburgh, UK
Alan Peacock (Executive Director and Research Professor in Public Finance) (Executive Director and Research Professor in Public Finance)
Esmée Fairbairn Research Centre, Heriot-Watt University, UK
Alan Peacock (Executive Director and Research Professor in Public Finance) (Executive Director and Research Professor in Public Finance)
Institute for Economic Policy, University of Cologne, Germany
Hans Willgerodt (Professor of Economics, and co-Director) (Professor of Economics, and co-Director)

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Hensel, K.P. (1989). Problems of Worker Democracies. In: Peacock, A., Willgerodt, H. (eds) Germany’s Social Market Economy: Origins and Evolution. Trade Policy Research Centre. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20145-7_9

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DOI: https://doi.org/10.1007/978-1-349-20145-7_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-20147-1
Online ISBN: 978-1-349-20145-7
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)

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