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Consensus democracy [1] is the application of consensus decision-making and supermajority to the process of legislation in a democracy.It is characterized by a decision-making structure that involves and takes into account as broad a range of opinions as possible, as opposed to majoritarian democracy systems where minority opinions can potentially be ignored by vote-winning majorities. [2]
The word consensus is Latin meaning "agreement, accord", derived from consentire meaning "feel together". [2] A noun, consensus can represent a generally accepted opinion [3] – "general agreement or concord; harmony", "a majority of opinion" [4] – or the outcome of a consensus decision-making process.
Economic democracy (sometimes called a democratic economy [1] [2]) is a socioeconomic philosophy that proposes to shift ownership [3] [4] [5] and decision-making power from corporate shareholders and corporate managers (such as a board of directors) to a larger group of public stakeholders that includes workers, consumers, suppliers, communities and the broader public.
The polder model (Dutch: poldermodel) is a method of consensus decision-making, based on the Dutch version of consensus-based economic and social policymaking in the 1980s and 1990s. [ 1 ] [ 2 ] It gets its name from the Dutch word ( polder ) for tracts of land enclosed by dikes.
Rough consensus, a term used in consensus decision-making to indicate the "sense of the group" concerning a matter under consideration. Consensus democracy, democracy where consensus decision-making is used to create, amend or repeal legislation. Consensus-based assessment, the use of consensus to produce methods of evaluating information.
Philosophers critical of majority rule have often argued that majority rule does not take into account the intensity of preference for different voters, and as a result "two voters who are casually interested in doing something" can defeat one voter who has "dire opposition" to the proposal of the two, [8] leading to poor deliberative practice ...
The society set out to develop a neoliberal alternative to, on the one hand, the laissez-faire economic consensus that had collapsed with the Great Depression and, on the other, New Deal liberalism and British social democracy, collectivist trends which they believed posed a threat to individual freedom. [74]
The Washington Consensus is a set of ten economic policy prescriptions considered in the 1980s and 1990s to constitute the "standard" reform package promoted for crisis-wracked developing countries by the Washington, D.C.-based institutions the International Monetary Fund (IMF), World Bank and United States Department of the Treasury. [1]