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Workers' self-management, also referred to as labor management and organizational self-management, is a form of organizational management based on self-directed work processes on the part of an organization's workforce.
The term originated in a 1978 book Labor Law for the Rank and Filer by Staughton Lynd who described a model of organizing promoted in the early 20th century by the Industrial Workers of the World which eschews the formality and bureaucracy of government-recognized unions, which Lynd and co-author Daniel Gross refer to as "business unions." [1]
Worker-owners work in the business, govern it and manage it. Unlike with conventional firms, ownership and decision-making power of a worker cooperative should be vested solely with the worker-owners and ultimate authority rests with the worker-owners as a whole.
In the early 20th century, theories of organizations initially took a rational perspective but have since become more diverse. In a rational organization system, there are two significant parts: Specificity of Goals and Formalization. The division of labor is the specialization of individual labor roles, associated with increasing output and trade.
The division of labour is the separation of the tasks in any economic system or organisation so that participants may specialise (specialisation).Individuals, organisations, and nations are endowed with or acquire specialised capabilities, and either form combinations or trade to take advantage of the capabilities of others in addition to their own.
Today, the Fair Labor Standards Act of 1938 aims to create a national minimum wage, and a voice at work, especially through collective bargaining should achieve fair wages. A growing body of law also regulates executive pay , although a system of " maximum wage " regulation, for instance by the former Stabilization Act of 1942 , is not ...
The labour movement [a] is the collective organisation of working people to further their shared political and economic interests. It consists of the trade union or labour union movement, as well as political parties of labour.
The Division of Labour in Society (French: De la division du travail social) is the doctoral dissertation of the French sociologist Émile Durkheim, published in 1893.It was influential in advancing sociological theories and thought, with ideas which in turn were influenced by Auguste Comte.