stakeholder economy
An idea floated by English journalist and writer on politics and economics Will Hutton, which put forward the prospect of greater worker involvement in companies on something of the German model. In his best-selling book The State We're In (1996), Hutton ranged far wider than industrial democracy and called for a major review of Britain's constitution.
Tony Blair, in a speech he made when Leader of the Opposition, took up the theme in a political context, arguing that people should feel they had a stake in the country and its future.
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