Defining economic democracy: a challenge. An institutionalist and republican framework
Résumé
This chapter questions whether democracy should be regarded as a purely political concept and whether the notion of ‘economic democracy’ is inherently contradictory. It examines the democratic dimensions of economic organisation, focusing on how economic rights and powers are distributed. Drawing on the republican interpretation of political democracy, it advances a principle of economic democracy grounded not in ethical or a priori assumptions, but in the structural conditions of modern society conceived as a ‘communitas’. This framework establishes an economic foundation for democratic rights—both individual and collective—over the two central economic institutions: the market and the firm. It ultimately outlines a theoretical programme aimed at defining the conditions and procedures through which such rights may be institutionalised.
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