LABR 1F99 Lecture Notes - Lecture 3: Economic Democracy, First Nations, Precarious Work
Document Summary
Not all countries as unequal as canada/usa. Democracy changed how society was ruled, rulers became accountable to voters. Many areas of life that aren"t govnt by most basic features of democracy: schools, families, personal relationships or workplace. Workplace/industrial democracy is the application of the doctrines of democratic theory to ppls lives as workers. Ex-workers have a voice in management or run workplace themselves. An organization or situation in which everyone is treated equally and has equal rights family, work, faith, institution etc. Economic democracy: workers and the broader public collectively decide what, how and where to produce. Workers (labour): everyone who sells their ability to work to an employer in exchange for a wage (whether its paid in the form of an hourly wage or a salary) Labour"s share vs. capital"s share of national income. Inequality: the distribution of income across individual households typically demonstrates inequality between higher-income and lower-income households.