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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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Labour Managed Firms and Post-Capitalism (Hardcover)
Loot Price: R2,898
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Labour Managed Firms and Post-Capitalism (Hardcover)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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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.
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