Social Sciences, asked by kashishjangid88, 4 hours ago

why is economic democracy important?​

Answers

Answered by kritikavashishth58
2

Answer:

Economic democracy is a socioeconomic philosophy that proposes to shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders that includes workers, customers, suppliers, neighbours and the broader public.

Explanation:

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Answered by kalpanasalunke121
0

Answer:

It is important to realize that we do not, at present, live in a democratic society. The massive economic inequality that capitalism has generated has severely compromised our political system as well, making a mockery of the concept of “rule by the people.” Hence the need to “democratize democracy!”

Explanation:

Economic democracy is a socioeconomic philosophy that proposes to shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders that includes workers, customers, suppliers, neighbours and the broader public. I hope it helps you dear. mark me brinilest and also follow me

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