Economic inequality and paretian welfare economics: Some insinuating questions

Capitalists, managers, unions and government today have espoused employee ownership and participation in order to further their own selfish ends. By so doing, they unwittingly usher in full workers' democracy, and concomittant radical transformations of the socioeconomic system which, ironically, will curtail their power. These transformations would stem from our populist ideological roots and would promote profound changes in the distribution of political power and in the way the society deals with technology.