Michael Moore, ‘Capitalism: A Love Story’ and Workplace DemocracyPosted: November 11, 2009 Filed under: democracy at work, Democratic Companies, employee engagement, employee-owned companies, Management Innovation, open-book management, workplace democracy | Tags: Brainpark, Capitalism: A Love Story, Capitalism: A Love Story and workplace democracy, capitalist economic model, company ownership structure, DaVita, Democratic Companies, democratic company, engage and motivate employees, innovative management strategy, maintain a competitive advantage, Michael Moore, Michael Moore and workplace democracy, open-book management, shared decision making, South Mountain, W.L. Gore and Associates, worker-owned cooperatives, workplace democracy as an alternative model to capitalism Leave a comment
Capitalism: A Love Story, the 2009 documentary movie directed by Michael Moore, criticizes the current economic order in the United States and capitalism in general while covering the financial crisis of 2007–2009 and the recovery stimulus. In his movie, Moore highlights workplace democracy as an alternative model to capitalism.
Many would argue that workplace democracy should not be considered a replacement to the capitalist economic system. Instead, workplace democracy is a highly effective management strategy that helps enable companies to engage and motivate their employees and to maintain a competitive advantage in their industries.
Workplace democracy is not limited to a specific type of company ownership structure. Democratic companies come in all shapes and sizes and range from high tech start-up companies such as Brainpark, to small worker-owned cooperatives such as South Mountain, to large privately-held companies such as W.L. Gore and Associates, to large publicly-traded companies such as DaVita.
Workplace democracy is an innovative management strategy where company information and decision-making powers are shared and distributed among employees so that customer-facing workers (who are closest to customers and usually know them best) are aware of the company’s goals and performance and have the ability (and motivation) to make smart decisions quickly, which is essential in today’s fast-moving and hyper-competitive marketplace.
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