Labour Managed Firms and Post-Capitalism
Author: Bruno Jossa
Publisher: Taylor & Francis
Published: 2016-11-25
Total Pages: 257
ISBN-13: 131529950X
DOWNLOAD EBOOK →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. Most importantly, this book 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 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.