[New Entry by Lisa Herzog on May 14, 2026.]
“Economic democracy” describes the idea that democratic principles should apply not only to the political realm, but also to the economic realm (e.g. Cohen 1989; Cumbers 2020; Dahl 1985; Ellerman 1992; 2009; 2021; Kelly 2019; Malleson 2014; O’Neill 2008; Schweickart 2011). It goes beyond the idea of the “primacy of democracy” (Berman 2006), according to which democratic politics should set the rules for the economy. Instead, it aims at embedding democratic principles, and especially the equal moral standing of all…

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