|
Showing 1 - 10 of
10 matches in All Departments
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.
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 Socialism
focuses 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.
Bruno Jossa expertly illustrates that the creation of a system of
cooperative firms is tantamount to a revolution giving rise to a
new production mode capable of reversing the existing relationship
between capital and labour. The book also demonstrates a revolution
enacted by peaceful and democratic means in order for
worker-managed organisations to outnumber capitalistic ones.
Providing a comprehensive insight into these models, Jossa examines
the relations between political power and economic democracy,
ownership and bankruptcy risks within democratic organisations.
Using the theories of Marx and Engels, the book offers a new model
of socialism, allowing for a worker-led system and suppressing
capitalism, whilst inviting a more theoretical approach without the
suppression of markets. Thought-provoking in its approach, On
Market Socialism will provide an excellent resource for policy
makers in labour and political economics and also scholars of the
history of economics and radical economics.
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.
This book argues that capitalism cannot be said to be truly
democratic and that a system of producer cooperatives, or
democratically managed enterprises, is needed to give rise to a new
mode of production that is genuinely socialist and fully consistent
with the ultimate rationale underlying Marx's theoretical approach.
The proposition that firms should be run by the workers on their
own was endorsed by John Dewey, the greatest social thinker of the
twentieth century, but is also shared by Marxists such as Anton
Pannekoek, Karl Korsch, Angelo Tasca, Antonio Gramsci and Richard
Wolff. This book explores the history of this argument, taking into
account concepts from economic and political thought including
historical materialism, cooperation, utopianism and economic
democracy. The book will be of significant interest to scholars and
students of political economy, Marxism, socialism, history of
economic thought and political theory.
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.
This book argues that capitalism cannot be said to be truly
democratic and that a system of producer cooperatives, or
democratically managed enterprises, is needed to give rise to a new
mode of production that is genuinely socialist and fully consistent
with the ultimate rationale underlying Marx's theoretical approach.
The proposition that firms should be run by the workers on their
own was endorsed by John Dewey, the greatest social thinker of the
twentieth century, but is also shared by Marxists such as Anton
Pannekoek, Karl Korsch, Angelo Tasca, Antonio Gramsci and Richard
Wolff. This book explores the history of this argument, taking into
account concepts from economic and political thought including
historical materialism, cooperation, utopianism and economic
democracy. The book will be of significant interest to scholars and
students of political economy, Marxism, socialism, history of
economic thought and political theory.
This comprehensive book presents an original reconstruction of the
different interpretations of the Phillips curve. The authors
demonstrate through an in-depth analysis how it is possible to find
non-neoclassical foundations in the trade-off between inflation and
unemployment. The debate is presented from a historical perspective
which charts the evolution of the Phillips curve from a
non-neoclassical perspective, taking account of post Keynesian
literature.In the first part of the book the authors focus on the
origins of the Phillips curve and they critically analyse Richard
Lipsey's interpretation and approach to the Phillips curve. They
then explore the neoclassical and monetarist interpretation, paying
special attention to the evolution of monetarism and the Keynesian
critique of this approach. The Kaleckian, Keynesian and Marxist
interpretations of the Phillips trade-off are then presented. Here
the authors show how the relationship between inflation,
unemployment and money described in these approaches accurately
reflects the fundamental features of today's capitalist economies.
In the final section a new Phillips curve is constructed, taking
into account the non-accelerating inflation rate of unemployment
and the hysteresis of it. Inflation, Unemployment and Money will be
of interest to macroeconomists, post Keynesians and monetary and
financial economists.
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.
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.
|
You may like...
Loot
Nadine Gordimer
Paperback
(2)
R398
R330
Discovery Miles 3 300
|