APPENDIX E

Further Problems of Labour Co-operatives and Capital-Labour Partnerships

The discussion in Chapter IX has been confined to those basic features of different forms of labour participation in management and ownership which are most relevant to the question whether these institutional forms provide a cure of the evils of stagflation, that is to say, whether they provide both a relaxation of excessive upward pressure on money wage costs and also, at the same time, a means of promoting full employment. There are, however, a number of other problems which arise in the operation of these forms of institutional participation by the worker which are less directly concerned with their effect on the problems of stagflation but which are nevertheless ...

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