Socialist Economic Democracy And Its Micro-management Institutional Arrangements

Along with the increasingly upswing of world democratization, the economic democracy becomes more and more the focus. How do we accurately understand the achievements what the capitalist economic democracy has acquired? How does the socialist economic democracy get the new achievements and lay out its advantages at the new position? These are all the great and realistic problems what we are facing.Tell it like it is, the practice of economic democracy goes far beyond its theory. Economic democracy, for its original meaning, should contain two bases: public property rights and market economy. Not only people can enhance their subject status in micro-economic activities, but also our policy should improve the equalization of economic status and right for all social members. Obviously, economic democracy is the combination of microcosm and macrocosm, of the theory and practice. During these processes, economic democracy will fully reflect the spirits of freedom > equality and independence.In view of the history of economic democracy, we can't deny that its practice has been developing with human civilization. Because of the underdevelopment of social productivity and commodity economy, economic democracy just likes an obscure star and has been waiting for the chance, science and technology revolution, to sparkle.By the force of science and technology revolution, the commodity economy developed quickly and broke the feudal dependence on person with dependence on substance. By the force of science and technology revolution, the bourgeoisie turned slave into salary earner and took it as an important weapon to destroy the feudality. The revolution enhanced and equalized labor capacity. At the same time, economic democracy started its real development------capitalist economic democracy.Socialist economic democracy based on public ownership is more reasonable and superior to the ones of capitalism, but capitalism did better in practice. Although the capitalistic basic conflict destines its failure and the development of science and technology will accelerate it, socialist economic democracy can't achieve its own institutional innovation only because of that. In fact, we never stop reforming andexploring.Scientific socialism contained the original meaning of economic democracy since it came into being. Maozedong and Dengxiaoping, the great leaders of Chinese Communist, directed by the Marxism theory, inherited and developed th玡 economic democracy thought of Marx. The suitable thought, what they had brought fforward and practised, liberated the broad masses of the laborers and made them get the abundant independence rights of economy. All these laid the solid foundation of owr economic democracy.Economic democracy wasn't carried out very well at the early day.s of reform and opening because of the traditional culture > administration and planne d economy. Along with the perfection of public property rights and market econonny, socialist economic democracy will be perfected gradually. The system arrangement of micro-management, such as Employee Stock Ownership(ESOP) > Wages Collective Negotiation and Democratic Management in Enterprises, guarantees t he laborers economic democracy rights.