Buying into Capitalism? Employee Ownership in a Disconnected Era

Ross Brown, Ronald McQuaid, Robert Raeside, Matthew Dutton, Valerie Egdell, Jesus Canduela

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    Abstract

    This paper considers whether employee ownership mitigates the negative workplace outcomes identified by the Disconnected Capitalism Thesis (DCT). Drawing on a programme of in-depth interviews with workers and managers in EOBs, the paper reveals how they are partially insulated from the vicissitudes endemic within contemporary capitalism. In contrast to the workplace outcomes envisaged within the DCT, these firms are characterised by strong workforce participation, high levels of employment security, active employee engagement and strong levels of employee creativity. Not only are these features beneficial for productivity and firm performance, they generate a form of “connected” capitalism, partially offsetting wider negative systemic forces at play in the economy.
    Original languageEnglish
    JournalBritish Journal of Industrial Relations
    Early online date18 Apr 2018
    DOIs
    Publication statusE-pub ahead of print - 18 Apr 2018

    Keywords

    • Employee ownership Disconnected Capitalism Job security Employee Voice Employee Engagement United Kingdom

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