Research Catalog

The economic theory of socialism and the labour managed firm : markets, socialism, and labour management

Title
The economic theory of socialism and the labour managed firm : markets, socialism, and labour management / Bruno Jossa, Gaetano Cuomo.
Author
Jossa, Bruno.
Publication
Cheltenham, UK ; Brookfield, Vt. : E. Elgar, 1996.

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Details

Additional Authors
Cuomo, Gaetano, 1954-
Description
xxiii, 376 pages; 24 cm
Summary
  • 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.
Subject
  • Socialism > Economic aspects
  • Employee ownership
  • Industrial management > Employee participation
Bibliography (note)
  • Includes bibliographical references and index.
Contents
Introduction: labour management and socialism -- 1. Economic calculation in socialism: early contributions -- 2. Socialism and market: Lange's contribution and Marxist theory -- 3. Liberalist criticisms of the Lange model -- 4. Socialism with autonomous firms -- 5. On the taxonomy of economic systems -- 6. Market socialism and income distribution -- App. Labour management and alienation -- 7. An introduction to the theory of the labour-managed firm -- 8. Equilibrium of the self-managed firm -- App. The self-managed firm under monopoly -- 9. Criticism of Ward's model -- 10. Self-managed firms and underinvestment -- 11. Property rights and the financing of the cooperative firm -- 12. Neo-institutionalism and the cooperative firm.
ISBN
1858984319
LCCN
96040983
OCLC
  • 503192056
  • ocn503192056
Owning Institutions
Columbia University Libraries