Download or read book The Economic Theory of Socialism and the Labour managed Firm written by Bruno Jossa and published by Edward Elgar Publishing. This book was released on 1997 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Theory of Socialism and the Labour-Managed Firm focuses on market socialism and the relevant debate among economic theorists. It argues that market socialism is the only rational form of socialism and that market socialism with labour-managed firms is by far the best form of market socialism. The book begins with a critical review of the contributions to the economic theory of socialism. The second part discusses the economic theory of labour-managed firms and pays particular attention to the adverse labour-supply curve, underinvestment, monitoring and the separation of ownership and control. The final chapters discuss problems such as the control of economic activity in labour-managed firms, worker motivation and incentives. This book will be of particular use to students and academics interested in comparative economic systems and to specialists in politics and sociology with an interest in alternative forms of economic organization.
Download or read book On the Economic Theory of the Labor Managed Firm Under Socialism written by Michael Conte and published by . This book was released on 1979 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: short term financing limitations.
Download or read book A New Model of Socialism written by Bruno Jossa and published by Edward Elgar Publishing. This book was released on 2018-04-27 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic democracy is essential for creating a truly democratic political sphere. This engaging book uses Marxist theory to hypothesise that capitalism is not a democratic system, and that a modern socialist system of producer cooperatives and democratically managed enterprises is urgently needed. A New Model of Socialismfocuses on the current crisis of the political Left, a result of the collapse of the Soviet model of society and the decline of statism and kingship. Bruno Jossa expands on existing theories to explore Marx?s notions on economic democracy in a modern setting. He advocates a move away from the centralised planning form of economic socialism towards a self-management system for firms that does not prioritise the interests of one class over another, in order to achieve greater economic democracy. It is argued that the establishment of such a system of democratic firms is the precondition for reducing intervention in the economy, thus enabling the State to perform its ultimate function of serving the public interest. This timely book is ideal for advanced scholars of Marxist, radical and heterodox economic theory, as well as academics with an interest in the rise of socialism in our modern world. Indeed, it will also be of value to all those seeking a viable and practical alternative to existing capitalist and socialist thinking.
Download or read book Labour Managed Firms and Post Capitalism written by Bruno Jossa and published by Routledge. This book was released on 2016-11-25 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marx claims that unselfishness is a child of (workplace) culture, whereas the gene is selfish. If Marx is right then the prerequisite for overthrowing capitalism is a system which both leverages selfishness and creates solidarity between workers. This book illustrates and discusses the major points of the economic theory of producer cooperatives, its evolution since the 1950s, and links with Marxian theory. Labour Managed Firms and Post-Capitalism, most importantly, demonstrates that a system of producer cooperatives offers a wealth of advantages compared to capitalism. There is general agreement that the main benefit of this form of economic democracy is that people who are allowed to freely pursue their interests are happier than those acting on somebody else’s instruction. The author argues that a system of democratic firms would eradicate classical (high-wage) unemployment and scale down both Keynesian and structural unemployment levels. He also shows that a system of producer cooperatives literally reverses the capital-labour relationship typical of capitalism and that its establishment can consequently be looked upon as a revolution. This volume is of great interest to academics, lecturers and researchers with an interest in Marxism, political economy and industrial economics, as well as economic theory and philosophy.
Download or read book A Future for Socialism written by John E. Roemer and published by Harvard University Press. This book was released on 1994 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this text, Roemer proposes a new future of socialism based on a redefinition of market socialism. The Achille's heel of socialism has always been maintaining innovation and efficiency in an economy in which income is equally distributed. Roemer points out that large capitalist firms have already solved a similar problem: in those firms, profits are distributed to numerous shareholders, yet they continue to innovate and compete. The author argues for a modified version of socialism, not necessarily based on public ownership, but founded on equality of opportunity and political influence.
Download or read book Governing the Firm written by Gregory K. Dow and published by Cambridge University Press. This book was released on 2003-02-17 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Table of contents
Download or read book Socialism after Hayek written by Theodore A. Burczak and published by University of Michigan Press. This book was released on 2009-12-10 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Socialism after Hayek recasts and reinvigorates the socialist quest for class justice by rendering it compatible with Hayek's social and economic theories. Theodore A. Burczak puts forth a conception of socialism from a postmodern perspective, drawing from the apparently opposing ideas of Marx and Hayek (the latter of whom achieved worldwide recognition in the twentieth century as a champion of the free market and fierce opponent of government interference in markets). Burczak sketches an institutional structure that would promote a democratic socialist notion of distributive justice and his own interpretation of Marx's notion of freely associated labor, while avoiding Hayek's criticisms of centrally planned socialism. Burczak's version of market socialism is one in which privately owned firms are run democratically by workers, governments engage in ongoing redistribution of wealth to support human development, and markets are otherwise unregulated. Burczak poses this model of "free market socialism" against other models of socialism, especially those developed by John Roemer, Michael Albert, and Robin Hahnel.
Download or read book Producer Cooperatives as a New Mode of Production written by Bruno Jossa and published by Routledge. This book was released on 2014-02-05 with total page 535 pages. Available in PDF, EPUB and Kindle. Book excerpt: The notion that there is no alternative to capitalism emerged after the fall of the Berlin Wall and made rapid headway due to increasing economic globalisation. More recently, this belief that there is no viable alternative has held firm despite the financial crisis, high unemployment levels and an ever-increasing gap between rich and poor. However, since the appearance of Benjamin Ward’s seminal 1958 article, economic theorists have been developing a workable alternative: a system of self-managed firms. The core argument outlined in this book is that a well-organised system of producer cooperatives would give rise to a new mode of production and, ultimately, a genuinely socialist society. This argument is developed through three key steps. First, following on from Jaroslav Vanek’s definition, it is argued that a ‘Labour-Managed Firm’, a firm which strictly segregates capital incomes from labour incomes, would implement a new production mode because it would reverse the pre-existing relation between capital and labour. Second, given that a system of these ‘Labour-Managed Firm’ cooperatives would reverse the capital-labour relationship, it is suggested that this would constitute a form of market socialism. Third, it is argued that compared to capitalism a system of producer cooperatives offers a wealth of advantages, including the potential for efficiency gains, the eradication of unemployment and the end of exploitation. Ultimately, this book concludes that self-management could take the place of central planning in Marxist visions for the future.
Download or read book On the Economic Theory of Socialism written by Oskar Lange and published by New York, McGraw-Hill [1964. This book was released on 1938 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Market Socialism written by Pranab K. Bardhan and published by Oxford University Press, USA. This book was released on 1993 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of essays which assesses the break-up of the Eastern European bloc and discusses whether the conversion of these countries to market socialism is feasible. The contributors represent a wide range of viewpoints and offer varying definitions of the concept of market socialism.
Download or read book On Economic Theory Socialism written by Maurice Dobb and published by Routledge. This book was released on 2012-03-22 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume collects published papers and essays from widely scattered and inaccessible sources, some of which appeared for the first time when this book was originally published. In the first part of the book the subjects range from the theory of wages and recent trends in economic theory to economists’ criticism of capitalism and socialism, investment-policy in under-developed countries, and economic growth under the Soviet Five Year Plans. The second part includes papers on Lenin and Marx, a study of the economic ideas of Bernard Shaw, and an essay on historical materialism.
Download or read book Markets Planning and Democracy written by David L. Prychitko and published by Edward Elgar Publishing. This book was released on 2002 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets, planning, and democracy : essays after the collapse of communism / edited by David L. Prychitko.
Download or read book Economic Theory and Market Socialism written by Oskar Lange and published by Edward Elgar Publishing. This book was released on 1994 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays show how Oskar Lange was in a position to observe three major economic systems that have characterized 20th-century economics: the backwardness of peripheral capitalism in pre-war Poland; capitalism in the United States; and the creation and subsequent reform of the Communist system.
Download or read book The Labor Managed Firm written by Gregory K. Dow and published by Cambridge University Press. This book was released on 2018-04-05 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses economic theory to argue that worker-controlled firms are rare due to market failures rather than inherent organizational defects. The book will be of interest to scholarly researchers, graduate students, and advanced undergraduates in economics, especially in industrial organization, labor economics, comparative economics, organizational economics, and finance.
Download or read book Marx Economic Theory Volume 2 written by Ernest Mandel and published by . This book was released on 1969 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: CONTENTS: Introduction - Labour, Necessary product, Surplus Product - Exchange, Commodity, Value - Money, Capital, Surplus-value - The Development of Capital - The Contradictions of Capitalism - Trade - Credit - Money - Agriculture- Reproduction and the Growth of National Income - Periodical Crises - Monopoly Capitalism - Imperialism - The Epoch of Capitalist Decline - The Soviet Economy - The Economy of the Transition Period - Socialist Economy - Origin, Rise and Withering Away of Political Economy- Bibliography - Index
Download or read book Managing the Cooperative Enterprise written by Bruno Jossa and published by Edward Elgar Publishing. This book was released on 2020-10-30 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book revolves around the idea that capitalism is not a democratic system and that a system of producer cooperatives, or democratically managed enterprises, gives rise to a new mode of production which is authentically socialist in essence and fully consistent with the ultimate rationale underlying Marx’s theoretical approach. The author argues that the cooperative firm system outlined in this book offers a rich array of non-economic benefits that justify its classification as a ‘genuinely socialist’ entity, with real potential for achieving true economic democracy.
Download or read book The Economic Theory of a Socialist Economy written by Burnham Putnam Beckwith and published by . This book was released on 1949 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to draw a blueprint for a socialist economic order, and a blueprint detailed with respect to the planning of production, the avoidance of unemployment, the locus of control, the distribution of income, and the fixing of prices. In addition to stating the theoretical considerations relevant to the performance of these tasks, the author is concerned to indicate the application of the theory to selected, illustrative industries, while trying to preserve individual freedom.
