Profit-Sharing, Job Rotation and Permanent Employment: The Large Japanese Firm as a Producers' Co-op

In: Economic and industrial democracy, Volume 8, Issue 2, p. 171-182

Abstract

This article advances the claims of Japanese firms to be considered as a form of workers' co-operative which overcomes the disadvantages of those normally encountered in the West. It proceeds by examining the nature of contracts for various groups involved in large firms and then goes on to consider the problem of exploitation and the part played by small firms in economic activity. Finally, the importance of cultural differences is emphasized.