P. Reeves Knyght, Alexander Kouzmin, Nada K. Kakabadse and Andrew P. Kakabadse
Employee ownership has attracted much attention across the globe. Whether affected by the global financial crisis (GFC), or not, this paper seeks to canvass what is known about…
Abstract
Purpose
Employee ownership has attracted much attention across the globe. Whether affected by the global financial crisis (GFC), or not, this paper seeks to canvass what is known about employee ownership in neo‐liberal political economies.
Design/methodology/approach
This paper is a literature review, cross cultural analysis and critique.
Findings
The findings indicate future research directions.
Research limitations/implications
The paper suggests a reconsideration of organizational configurations for possible greater application in the future.
Social implications
The paper hightlights the re‐regulation of neo‐liberal markets.
Originality/value
The paper focuses on employee share ownership schemes.
Details
Keywords
Nada Korac‐Kakabadse, Alexander Kouzmin and Phillip Reeves Knyght
Examines access to justice, within the Australian context of an adversarial system, from a consumer’s perspective. It is argued that the current system of justice represents the…
Abstract
Examines access to justice, within the Australian context of an adversarial system, from a consumer’s perspective. It is argued that the current system of justice represents the most conservative element of Australian society and that the courtroom discourse structure and the legal professional code of practice do little to ensure access to justice or quality of service. Inequality in communication and in the distribution of wealth, affecting all spheres of social life, especially the legal system, pose major barriers to access to justice. Stemming from these two principal barriers to equality in access to justice, a multitude of other barriers are perceived to exist. These perceived barriers are magnified by various platforms of social and political analysis as well as historical, contextual factors and administrative action. Attention is drawn to the emerging need for a continuous alignment of administrative and justice systems with democratic justice principles and global social changes.
Details
Keywords
Philip Reeves Knyght, Nada K. Kakabadse, Alexander Kouzmin and Andrew Kakabadse
The purpose of this paper is to highlight the serious limitations of neo‐liberal capitalism and urge for a shift to socialized capital before further economic deterioration leads…
Abstract
Purpose
The purpose of this paper is to highlight the serious limitations of neo‐liberal capitalism and urge for a shift to socialized capital before further economic deterioration leads to a succession of global conflicts.
Design/methodology/approach
This conceptual paper adopts a macro perspective in presenting argument on how global, financial markets integration and capital flow liberalization have led to inadequate market and corporate governance measures. The argument is couched in a selected literature and is preceded by a proposed solution – the requirement for socialized capital. An analysis of the nature of socialized capital is outlined and the questions that require attention identified if a paradigm shift from neo‐liberal capitalism is to take place.
Findings
The need to urgently shift to a new philosophy of capitalism is overwhelming. Emphasized is that capital needs to adopt a socialised identity and is supported by investment horizons of 30 years or more. It is argued that non‐market (e.g. state, NGOs, civil society) intervention is critical in setting appropriate frameworks within which socialized capital can operate.
Research limitations/implications
This is a theoretical paper, in which questions are raised which require transparent, public debate.
Originality/value
The paper presents the case for a fundamental reconsideration of present day markets, the role of capital and the influence of elites in determining the public good.