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industrial democracy

British  

noun

  1. control of an organization by the people who work for it, esp by workers holding positions on its board of directors

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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With the guidance of Sidney Hillman, an ally of President Roosevelt, the fund moved unions away from their confrontational past toward a model of “industrial democracy” that recognized the common interests of business and labor.

From The Wall Street Journal

Just like there was no farm-debt jubilee on Hamilton’s watch, President Franklin D. Roosevelt rejected working-class demands for “industrial democracy,” which would have socialized investment to ensure full employment.

From The Wall Street Journal

With more guns in American than people, and more gun violence than any other industrial democracy, one wonders why these are the sort of things that gun rights advocates choose to focus on.

From Slate

Organized labor began its long, slow decline as it receded from its most radical claims to industrial democracy.

From Slate

Similarly, British minimum wage supporters Sidney and Beatrice Webb wrote in “Industrial Democracy,” “There are races who, like the African negro, have no assignable minimum, but a very low maximum; they will work, that is, for indefinitely low wages.”

From Washington Post