ABSTRACT
Only a very small minority, just over 5 per cent, of those who took part in the LO study campaign on the subject have rejected the concept of employee funds as a means of reinforcing the influence of the trade unions. There are no clear and generally accepted definitions as to what is meant by the 'mixed economy'. The mixture can refer to various considerations, such as varieties of ownership, and the element of planning in an economy based on the principles of the market economy. The introduction of employee funds would mean the emergence of a new category of owner which would gain ground at the expense of private ownership. There are no inherent forces at work in a correctly articulated system of employee funds which inexorably erode these values. They are values not because they are part of a mixed economy, but because they constitute parts of the democracy.
