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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.
Self-management may refer to: Self-care, when one's health is under individual control, deliberate, and self-initiated; Self-medication, which includes both normal use of over-the-counter drugs and also some types of drug abuse; Self-managed economy, based on autonomous self-regulating economic units and a decentralised mechanism of resource ...
Socialist self-management or self-governing socialism was a form of workers' self-management used as a social and economic model formulated by the Communist Party of Yugoslavia. It was instituted by law in 1950 and lasted in the Socialist Federal Republic of Yugoslavia until 1990, just prior to its breakup in 1992.
There are numerous variations of self-management, including labour-managed firms and worker-managed firms. The goals of self-management are to eliminate exploitation and reduce alienation . [ 141 ] Guild socialism is a political movement advocating workers' control of industry through the medium of trade-related guilds "in an implied ...
As one consequence, workplace democracy (sometimes referred to as Workers' self-management) has become both more common and more advocated, in some places distributing all management functions among workers, each of whom takes on a portion of the work.
Socialism – range of economic and social systems characterised by social ownership of the means of production and workers' self-management [10] as well as the political theories and movements associated with them. [11] Social ownership can be public, collective or cooperative ownership, or citizen ownership of equity. [12]
It emphasizes workers' self-management of the workplace [230] and decentralized structures of political government, [231] asserting that a society based on freedom and equality can be achieved through abolishing authoritarian institutions that control certain means of production and subordinate the majority to an owning class or political and ...
A worker cooperative is a cooperative owned and self-managed by its workers. This control may mean a firm where every worker-owner participates in decision-making in a democratic fashion, or it may refer to one in which management is elected by every worker-owner who each have one vote. Worker cooperatives may also be referred to as labor ...