Worker-managed Enterprise
Anarchists, syndicalists and other libertarian socialists use the word "syndicate" to refer to an enterprise democratically managed by its workers. Such an enterprise is governed by a face-to-face meeting of everyone who works there, in which each worker has one vote. Either there are no managers, or the managers are democratically elected and recallable. In either case, the most important decisions are made collectively by the whole workforce. This is known as workers' self-management.
Read more about this topic: Syndicate
Famous quotes containing the word enterprise:
“Huck was always willing to take a hand in any enterprise that offered entertainment and required no capital, for he had a troublesome superabundance of that sort of time which is not money.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)