Which model of worker ownership has delivered more of the democratizing and work-humanizing outcomes promised by the new managerial paradigms that emerged over the past several decades?
A) Employee share ownership plans (ESOPs).
B) Worker buyouts.
C) Producer co-operatives.
D) High-performance workplaces.

Question

Quizplus · Accepted Answer

Producer co-operatives have shown to be the most effective model of worker ownership in democratizing and work-humanizing outcomes. These co-operatives typically distribute ownership, decision-making power, and profits evenly among their members or workers. This results in a more collaborative and participatory work environment, which has been linked to increased job satisfaction, productivity, and stability. ESOPs and worker buyouts, while still effective in some cases, tend to have less impact on these outcomes as they often retain traditional hierarchical structures and do not fully distribute control or ownership among workers. High-performance workplaces, on the other hand, may incorporate aspects of worker ownership and participation, but their main focus is on optimizing efficiency and performance rather than democratization and humanization.

Which Model of Worker Ownership Has Delivered More of the Democratizing