Revisiting public ownership: knowledge, democracy and participation in economic decision making

Cumbers, A. and McMaster, R. (2012) Revisiting public ownership: knowledge, democracy and participation in economic decision making. Review of Radical Political Economics, 44(3), pp. 358-373. (doi:10.1177/0486613412440238)

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Publisher's URL: http://dx.doi.org/10.1177/0486613412440238

Abstract

Public ownership in the form of nationalization of the banking sector has re-emerged on the public agenda. Yet, there has been very little debate about the meaning, status, and function of public ownership as an alternative strategy in the context of globalization and advanced capitalism. Here, as a contribution to this agenda we advocate forms of public ownership tailored to enhance democratic decision making in the economy, to achieve greater equality and social cohesion, and wherever possible to encourage localized rather than central control and ownership.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Cumbers, Professor Andrew and McMaster, Professor Robert
Authors: Cumbers, A., and McMaster, R.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Review of Radical Political Economics
ISSN:0486-6134
ISSN (Online):1552-8502
Published Online:04 April 2012

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