The transformative power of economic democracy

 

The current economic system has resulted in a significant concentration of power in the hands of a few and created record inequality. There is a need for a new paradigm — one that provides both a fair outcome and secures a democratic process. Economic democracy offers a solution by giving people agency over their economic activities, both at the individual and collective levels. If implemented successfully, it can not only bring positive economic results but also strengthen the societal fabric and individual well-being.

In collaboration with the European Economic and Social Committee (EESC) and the Open Society Foundations (OSF), FEPS will organise a conference on 3 July 2024 between 09:00 – 16:00 to discuss approaches and practices that help build and scale up economic democracy. Hosted at the EESC, this event will bring together researchers, practitioners, policymakers and activists in the field. (...)