A “Matter of Opinion, What Tends to the General Welfare”: Governing the Workplace
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Abstract:Opinion surveys and popular media suggest that American workers are disillusioned with their employers and bosses. Governance in organizations is becoming a recognized problem. Classical works on governance call for more virtuous leaders, less selfish followers, and closer attention to the common good. These works were rejected as a basis for governing nations in the 18th century. They are unlikely to provide a basis for governing organizations in the 21st century. This article outlines a liberal-democratic approach to governing corporations, applies this approach to debates over shareholder-stakeholder accountabilities, and proposes special accountabilities to employees.