Description
Book SynopsisSince 1958, the economic theory of the participatory or labor-managed firm and its performance compared to capitalist firms, has exploded into a vast literature comprising several hundred articles. Indeed, as one early contributor has recently remarked, the theory has become a 'new discipline' in itself.
Producer Cooperatives and Labor-Managed Systems provides, for the first time, a careful selection of the most significant theoretical and empirical contributions to this burgeoning field, and promises to become a valuable research tool and reference volume.
Trade Review'Producer Cooperatives and Labor-Managed Systems
is an informative collection of articles on the subject of labor management . . . Readers will benefit from this compilation insofar as it lays out the initial debate, the critical aspects of the labor-management controversy in the neoclassical economic literature, and some recent studies.' -- Sonja Novkovic, Feminist Economics
Table of Contents38 articles, dating from 1958 to 1993 Contents: Introduction Part I: Performance: Classic Essays in the Theoretical Debate Part II: Performance under Diverse Structures and Systems Part III: Rights, Incentives, Innovation Index