This incisive Handbook provides a global update on the state of knowledge in cooperatives and mutuals, expertly describing future directions for research and education. Showcasing extensive discussions of cooperative theory, Matthew Elliott and Michael Boland, and the contributors assess cooperatives' social, economic and environmental effects and analyse the impact of regional and cultural features that make cooperatives unique. The insightful chapters are organised into key sections, including theory, organisation, governance and cross-sector applications, and introduce a relevant theory, framework, special topic or mini case on cooperatives and mutuals. The Handbook also examines the role of leaders, members and producers in supply chain governance and looks at different forms of cooperatives and mutuals and their prominence in the economy. Offering an excellent in-depth read, this Handbook will be a vital additional resource for economics scholars and researchers, and those teaching and working on cooperatives and mutualism. It will also prove helpful for conducting leader and member education programs.

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. This book will be required reading for all economists who are not content with the current capitalist economic system, and yet will still provide intriguing and thought-provoking insights for those who are.

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.

The development of the welfare state has been accompanied by greater freedom being granted to workers in industrialized capitalist countries. The themes of this probing volume concern how governments, employers, trade unions, and workers have acted to promote economic growth and accountability with active industrial policies and forms of co-determination, worker self-management, and/or employee ownership. The book's essays address the key dimensions of economic, social, and political change in five industrial democracies: the United States, the United Kingdom, France, Germany, and Sweden. A major focus of the volume as a whole is on economic management and workplace reform in a variety of national settings. Managing Modern Capitalism is divided into three sections, covering strategies for industrial renewal, workplace democracy in practice and theory, and future perspectives. In the first section, each of the five countries are compared and contrasted in light of their attempts to stimulate economic growth and reduce unemployment under conditions of international interpendence of capital and markets. Country-by-country profiles highlight the second section, which also examines various forms of employee consultation, participation in managerial decisions, and ownership. The third section and conclusion evaluate prospective economic trends and workplace democracy in the capitalist nations. This book will be of interest to policymakers, scholars, and journalists, as well as to advanced students in political science, economics, history, and sociology.

Historically, the relationship between towns and surrounding farm families has ranged from suspicion to benign neglect. This book shows that rural America can be revived by uniting the interests of both farm and non-farm populations through value-added enterprises, especially those based on the principles of New Generation Cooperatives (NGCs). Instead of sending agricultural commodities out of the region to be processed, farmers and communities can collaborate to process the commodities locally, thereby adding value to the local rural economy.

In this edited volume, nationally recognized scholars discuss the on-going challenges to the agricultural sector such as declining farm subsidies and commodity prices, and the strategies used by rural communities to respond to economic decline. Specific attention is paid to the role of NGCs as a specific form of value-added agriculture which has helped some rural communities to prosper. The NGCs, however, extend well beyond traditional agriculture to include grocery stores, day care centers, and other businesses that have not always been profitable in small towns. The broader objective of the book is to show how increased collaboration among farm producers, small businesses, and community leaders can promote economic development in rural regions.

The British consumer Co-operative movement pioneered the use of film for industrial and propaganda purposes. A powerful association of working-class consumers, the movement embraced the potential of cinema and used it to help articulate an ideology expounding the ideals of mutuality, equality, and democracy, and seeking to transform a capitalist society founded on individualism and selfish-help into the Co-operative Commonwealth. This book provides an extensive, detailed catalogue of more than 300 films relating to the movement. Technical details, credits, a synopsis, and historical and critical evaluations are given for each title. Numerous films, previously unknown or believed to be lost, have been traced.

The catalogue is prefaced by a substantial introductory essay which provides a contextual framework for a consideration of the movement and its use of film. The book is supplemented by a selection of articles, publications, and reports which appeared in the movement's contemporary press, and which reveal the genuine concern to use cinema to assist in the task of making Co-operators. This catalogue will be invaluable to students of social, labor, and business history and to film and media historians who wish to broaden their knowledge of non-commercial film. It also serves as a guide for contemporary filmmakers and television researchers to this extensive collection of archive film.

Adult Education contradicts the theorists and practitioners who claim that empowering organizations can only be created when those at the top decide to share power. The emancipating educational processes are the tools of those who work within systems whether the issue is literacy, civil rights or democracy in the workplace. The Adult Education movement has linked its mission to cultivating the growth of democratic processes. Those people who work in organizations and are trying to improve their understanding of how to reshape the organization into a democratic workplace will find this useful.

At once a social history and anthropological study of the world's oldest voluntary collective farms, All or None is a story of how landless laborers joined together in Ravenna, Italy to acquire land, sometimes by occupying private land in what they called a "strike in reverse," and how they developed sophisticated land use plans, based not only on the goal of profit, but on the human value of providing work where none was available. It addresses the question of the viability of cooperative enterprise as a potential solution for displaced workers, and as a more humane alternative to capitalist agribusiness.

Berkshire Hathaway, the $300 billion conglomerate that Warren Buffett built, is among the world's largest and most famous corporations. Yet, for all its power and celebrity, few people understand Berkshire, and many assume it cannot survive without Buffett. This book proves that assumption wrong.

In a comprehensive portrait of the distinct corporate culture that unites and sustains Berkshire's fifty direct subsidiaries, Lawrence A. Cunningham unearths the traits that assure the conglomerate's perpetual prosperity. Riveting stories recount each subsidiary's origins, triumphs, and journey to Berkshire and reveal the strategies managers use to generate economic value from intangible values, such as thrift, integrity, entrepreneurship, autonomy, and a sense of permanence.

Rich with lessons for those wishing to profit from the Berkshire model, this engaging book is a valuable read for entrepreneurs, business owners, managers, and investors, and it makes an important resource for scholars of corporate stewardship. General readers will enjoy learning how an iconoclastic businessman transformed a struggling shirt company into a corporate fortress destined to be his lasting legacy.

This book comes to terms with Marxism and its relationship to workers' self-management. David L. Prychitko offers a reinterpretation of Marx's vision of socialism by arguing that Marx's understanding of the praxis-nature of humankind led him to a utopian goal of decentralized socialism based on the total abolition of market exchange. The full development of workers' self-management of industry was to be accompanied by comprehensive planning of the socially owned means of production. Prychitko takes modern economists to task for paying too little attention to the implications of Marx's praxis philosophy and to the organizational consequences of abolishing private ownership and the market process. This abolition leads inevitably, he argues, to the development of hierarchical structures of state domination and power. This tension between democratic decentralization--workers' self-management--and central economic planning--which tends to destroy meaningful self-management--can be traced back to Marx himself. The failure of state socialism in Eastern Europe and the Soviet Union has not dissuaded those who wish to keep Marx alive from pushing workers' self-management as a feasible enterprise in a free market system. Prychitko's volume does more than simply interpret the meaning of Marxism. It analyzes the tension between centralization and decentralization in contemporary theory and practice. The contemporary theory of self-managed socialism, put to much use in Yugoslavia, is critically assessed by Prychitko. After focusing on a case study of American barrel-making cooperatives that managed to compete well with traditional capitalist firms and survive an extraordinary degree of market competition, Prychitko concludes the book by speculating over the feasibility of worker-managed firms in a truly dynamic, rivalrous market setting. Marxism and Workers' Self-Management will be of great interest to scholars of Marx, political economy, social theory, and labor studies.

This book, written by the leading experts in the field, offers a comprehensive look at the factors behind the remarkable growth in employee stock ownership plans (ESOPs) in public companies over the past few years-plans which now own nearly half of all the assets owned by ESOPs. The contributors discuss the legal and financial structure, actual uses, and practical implications of ESOPs in publicly held companies, demonstrating how ESOPs can be an effective means of both improving corporate performance and discouraging hostile takeovers. Particular attention is given to the actual impact of ESOPs on companies, shareholders, employees, and taxpayers. Throughout, the discussion is enhanced by the use of detailed case studies of major public-company ESOPs.

Following a general discussion of the structure and uses of ESOPs, the contributors focus specifically on the implementation of ESOPs in public companies. Detailed coverage of the financial structure of ESOPs includes information about the public market for ESOP notes, the role of convertible preferred stock in public-company leveraged ESOP transactions, combining ESOPs and 401(k) plans, and ESOPs and corporate control. Subsequent chapters explore such issues as the use of ESOPs as a takeover defense, valuation in public companies, divesting a subsidiary through an ESOP, managing an employee ownership company, and the impact of the 1989 Budget Reconciliation Act on public-company ESOPs. The final chapter assesses the future of employee ownership in publicly traded companies. Numerous tables and figures amplify points made in the text. Employee benefits consultants, commercial loan officers, and human resources executives will find this book an indispensable resource.

"The financial crisis is destroying wealth but is also a remarkable opportunity to uncover the ways by which debt can be used to regulate the economic system. This book uses four case studies of cooperatives to give an in-depth analysis on how they have braved the crisis and continued to generate wealth"--

By the summer of 1929 Soviet industrialisation was well under way, but agriculture was in a profound crisis: in 1928 and 1929 grain to feed the towns was wrested from the peasants by force, and the twenty-five million individual peasant households lost the stimulus to extend or even to maintain their production. In the autumn of 1929 the Soviet Politburo, led by Stalin, launched its desperate effort to win the battle for agriculture by forcible collectivisation and by large-scale mechanisation. Simultaneously hundreds of thousands of kulaks (richer peasants) and recalcitrant peasants were expelled from their villages. This book tells the story of these events, as momentous in their impact on Russian history at the Bolshevik Revolution of October 1917, and of the temporary retreat from collectivisation in the spring of 1930 in the face of peasant resistance. The crisis in the Communist Party which resulted from this upheaval, in the months preceding the XVI party congress in June 1930, is described in detail for the first time.

Employee participation programs have many faces, many definitions, many forms--and they change all the time. For some people they are meant to solve every problem in the workplace. For others they are ways to reduce resistance to management and its efforts to bring about organizational change. Still others see them as totally redundant and a hindrance to efficency and the implementation of good management practices. To make sense of it all, Bar-Haim integrates--historically, thematically, analytically--the wide but often incoherent knowledge we have about these programs, and in doing so portrays them in a clear, useful, multidimensional manner. The result is a work of scholarship and practical guidance that students, scholars, researchers, and executives will find important, an action-oriented source of vital information.

Bar-Haim shows that participation programs in work organizations have always attempted to solve three basic human problems, problems stemming from industrial democracy and equality, work alienation, and occupational and managerial effectiveness. To do this he uses a rare multidimensional technique. He describes and analyzes the processes and behavior of participation, participants, and organizational forms using a a variety of conceptual and theoretical frames drawn from the social and management sciences. He enhances our understanding of participation programs on micro and macro levels, and then provides practical guidelines from the real-world experience of other scholars and executives. Among the several ironies he discovers are that the roles of enthusiasts, opponents, and skeptics changed during the course of a jubilee of these programs. By integrating a large body of research and suggesting a formal model to evaluate existing employee programs and projected ones, his book attempts to ease the enigmatic ambivalence we have toward worker participation in general. In fact, he shows that by better understanding the dynamics of participation programs, it is possible for those who desire such programs to create, construct, and maintain better ones.

Today's views of leadership and management have significantly expanded to incorporate a variety of elements such as rewards, visions, and worker participation. However, most perspectives still view leadership as something that is assigned to a designated person who then exercises influence downward toward subordinate followers. In many ways the persistent top-down command and control theme that supports established leadership thought and practice prevents organizations from fully tapping into their human resources, in turn limiting their flexibility to meet the challenges of increasingly dynamic, complex, and competitive environments. Shared Entrepreneurship replaces the top-down approaches of the past with a new framework that draws strengths and innovation from collaboration and sharing. This book is divided into two main sections. The first section consists of six chapters which provide an in-depth overview and discussion of shared entrepreneurship. The second section consists of eight original case studies commissioned by the authors, featuring such companies as Herman Miller, Inc., SRC Holdings, and W.L. Gore & Associates.

More than a guide to establishing a proposal system, this volume presents methods for teaching know-how. It gives each reader the principles for thinking creatively about improving his or her own work.

This highly practical book is filled with easily understood explanations and examples of how to teach your employees to pursue excellence through kaizen teian.

Before you can institute a successful kaizen teian program, you must have a firm understanding of its underlying principles and rules. This book concentrates on making those principles clear and focuses on the importance of consistently implementing proposals. Actual examples of implemented proposals from five leading Japanese companies illustrate the principles described, and numerous figures and case studies add clarity throughout. If you are ready to tap into the full potential of your work force, this book will help you to train them to seek out new and ever better ways to do their work.

Citizens opens up a new way of understanding ourselves and shows us what we must do to survive and thrive – as individuals, as organisations, as nations, even as a species.

Jon Alexander’s consultancy, the New Citizenship Project, has helped revitalise some of Britain’s biggest organisations such as the Co-op, The Guardian and the National Trust. Here, with the New York Times bestselling writer Ariane Conrad, he shows how human history has moved from the Subject Story of kings and empires to the current Consumer Story. Now, he argues compellingly, it is time to enter the Citizen Story.

Because when our institutions treat people as citizens rather than consumers, everything changes. Unleashing the power of everyone equips us to face the challenges of economic insecurity, climate crisis, public health threats, and polarisation.

Citizens is an upbeat handbook, full of insights, clear examples to follow, and inspiring case studies, from the slums of Kenya to the backstreets of Birmingham. It is the perfect pick-me-up for leaders, founders, elected officials – and citizens everywhere.

Timothy JochiM's comprehensive book is both a theoretical analysis of stock ownership plans and a practical guide to planning, implementing, and administering an ESOP, complete with all essential forms and Department of Labor and IRS codes.

Most workers are conditioned to view themselves as one-dimensional in relation to their company—as a salesperson, or an engineer, or a manager. But imagine the possibilities if everyone in your organization started thinking and acting like entrepreneurs—like owners of the business. Imagine if your employees shared the same beliefs, both in their abilities and in the purpose of your business, and focused all their energies on making that business successful—knowing that they, in turn, would become successful as well. That is the power of an ownership culture, and this book will show you how to mobilize human intellect and ingenuity for competitive advantage.

Act Like an Owner is an action guide to building a culture of employee ownership within an organization. Authors Blonchek and O'Neill present their business model, "Act Like an Owner," which grew out of their experience building information technology service businesses. This model is a roadmap for applying today's most important management practices in a competitive, rapidly changing environment. The authors use this approach as part of their consulting practice, and are the first to detail how to implement such a program company-wide.

Act Like an Owner introduces the internal franchise framework that can be used for unlocking the entrepreneurial spirit in your organization. From this book, you'll learn how to define your company's operating model—the way you choose to do business—and then extend the model to your employees. The authors then explain how to link employee behaviors to each element of business performance. They demonstrate how to focus your entire organization on a business goal while addressing employees' individual needs for opportunity and growth. You'll learn how to attract and hire people with a positive, entrepreneurial attitude who can create an environment that establishes the values and behaviors you need.

At the heart of the internal franchise is the ownership culture, a corporate culture built on principles and values that compel everyone in your organization to think and act like an owner of the business. The authors describe the impact of an ownership culture on an organization, illustrating how you can build equity in that culture and make it part of your company's brand identity. They explore the power of such a culture to create an environment of shared values and goals. You'll learn the formula for creating an ownership culture and putting it to work in your organization, and you'll hear the perspectives of senior executives at companies currently adopting the "Act Like an Owner" program, including those at Aspen Systems, CACI, STAC, PSINet, and ConSonics. In addition, the authors apply the ownership culture model to one of the most pressing problems facing business today: attracting and retaining skilled workers.

Filled with examples, anecdotes, and techniques, Act Like an Owner will motivate anyone trying to build a successful business that starts with people. "What a wonderful book. The only way organizations will be able to compete in the future is if their people act like owners and they create an ownership culture. A must read for the 21st century." —Ken Blanchard, coauthor, The One Minute Manager.

"A terrific addition to any library. Marty O'Neill and Robert Blonchek have crafted an elegantly simple and uniquely powerful approach to enhancing the performance of any organization—large or small. I wholeheartedly recommend it." —Douglas R. Conant, President, U.S. Foods Group, Nabisco.

"The new workplace demands that businesses find effective ways to release the power of people. Blonchek and O'Neill's 'Internal Franchise' idea turns the franchise concept inside out and provides a roadmap for ownership and empowerment in any organization." —Alan Randolph, coauthor, Empowerment Takes More Than a Minute.

"Act Like an Owner gives you a treasure map to unlocking the fortunes that lie throughout an organization." —Bill Toler, President, Campbell Sales Company.

"An insightful look at the elements of an ownership culture and how to put them to work in your company in order to attract, retain and motivate talented people." —J. Robert Beyster, Founder, Chairman and CEO, SAIC.

"Act Like an Owner gives you the tools you need to develop and empower your employees to think and act like entrepreneurs." —Andrew C. Taylor, President and CEO, Enterprise Rent-A-Car, and 1997 Ernst & Young Entrepreneur of the Year Award Winner.

The John Lewis Partnership, a major British retailing company, has been employee-owned and operated according to democratic principles since 1929. Conventional models of commercial success would predict that such an arrangement would be inefficient and that the firm would tend to underinvest. Using conventional performance criteria, the authors demonstrate that the Partnership is highly successful and that conventional methods to predict business performance are flawed. The authors feel that to understand why this firm has sustained its commercial prosperity over several decades, one must look to its distinctive emphasis on people.

Volume 12 will consider the timely issue of entrepreneurship and family business. Papers consider the issues, problems, contexts, or processes that make a family firm more entrepreneurial. A representative, but by no means exhaustive, listing of relevant topics includes: the emergence and growth of family businesses, and founding conditions unique to family firms; maintaining the entrepreneurial spirit of the founding generation; the role of family in corporate entrepreneurship; the use of entrepreneurial policies, practices and strategies by family firms; outcomes attributable to differences between more and less entrepreneurial family firms; family firm versus non-family firm approaches to entrepreneurial decision making; entrepreneurial characteristics and practices across the generations of a family firm; entrepreneurship as an avenue to strategically renew family firms; and, the allocation of family-based resources to entrepreneurial endeavors.

This book offers a thoroughly researched and accessibly written account of the John Lewis Partnership. It describes what the JLP is, how it works, and what other businesses can learn from it. The US/UK model of the firm, with its emphasis on shareholder value and its openness to the market in the buying and selling of businesses, is prone to a number of problematic consequences for employees, suppliers, and sometimes share-holders. The JLP represents a contrast to this model - one that has implications beyond the small niche of mutually-owned firms. The JLP has lessons for organizations that are unlikely to move towards the Partnership's distinctive shared ownership. This book identifies these lessons. The key questions addressed include: how does the JLP work in practice? What is the link between co-ownership, the JLP employment model, and the performance of the businesses? What is the role of management in the success of John Lewis and Waitrose? Are mutuality, co-ownership and business performance at odds? What is the significance of democracy within the JLP? And probably most significantly: what are the implications, for policy-makers and for economic agents of the JLP? This book is based on detailed knowledge of the JLP and its constituent business gathered by the authors over a fifteen year period. Their conclusion: that the JLP is more complex, even more impressive, and more interesting than its admirers realise.

This book explores and analyzes cooperative management and provides insight into how Korea's consumer cooperatives have evolved and been managed. It focuses on Korea's consumer cooperative management practices and examines their growth and performance. This book is an invaluable resource for those interested to learn more about the successes and failures of consumer cooperatives.

Since 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.

The Italian Cooperative Sector is amongst the largest in the world comprising over 60,000 cooperatives from all sectors of the economy directly employing 1.3 million people. Cooperatives created close to 30 percent of new jobs in Italy between 2001 and 2011 demonstrating that democratic cooperative enterprises can successfully operate in a market economy combining economic success and social responsibility. These offer a viable alternative to profit maximising enterprises and an opportunity to create a more pluralist and democratic market economy. The Growth of Italian Cooperatives: Innovation, Resilience and Social Responsibility comprehensively explains how the Italian cooperative sector has managed to compete successfully in the global economy and to grow during the global financial crisis. This book will comprehensively explain how the Italian cooperative movement has managed to grow into a large successful network of cooperatives. It will examine the legislative framework and their unique business model that allows it to compete in the market as part of a network that includes central cooperative associations, financial and economic consortia, and financial companies. It will explore cooperative entrepreneurship through a discussion of the formation of cooperative groups, start-ups, worker-buyouts and the promotion of entirely new sectors such as the social services sector. Finally, The Growth of Italian Cooperatives examines how cooperatives have managed the GFC and how their behavior differs from private enterprises. It will also analyze the extent to which cooperatives compete while still uphold the key cooperative principles and fulfil their social responsibility. This book is an interdisciplinary study of cooperative development and is designed to inform members of the academic community, government, public policy makers and cooperative managers that are primarily interested in economic democracy, economics of the cooperative enterprise, cooperative networks and economic development, cooperative legislation, democratic governance, job creation programs, politics of inclusion and how wealth can be more equitably distributed.