Producer Cooperatives as a New Mode of Production

Business & Finance, Economics, Theory of Economics
Cover of the book Producer Cooperatives as a New Mode of Production by Bruno Jossa, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Bruno Jossa ISBN: 9781317963158
Publisher: Taylor and Francis Publication: February 5, 2014
Imprint: Routledge Language: English
Author: Bruno Jossa
ISBN: 9781317963158
Publisher: Taylor and Francis
Publication: February 5, 2014
Imprint: Routledge
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Taylor and Francis

Cover of the book Improvisation and Composition in Balinese Gendér Wayang by Bruno Jossa
Cover of the book Diversion from Custody for Mentally Disordered Offenders by Bruno Jossa
Cover of the book The Political Psychology of Women in U.S. Politics by Bruno Jossa
Cover of the book Team Development Games for Trainers by Bruno Jossa
Cover of the book Understanding and Managing Children's Behaviour through Group Work Ages 5-7 by Bruno Jossa
Cover of the book English Poor Law Policy by Bruno Jossa
Cover of the book The Challenges of the US-Japan Military Arrangement: Competing Security Transitions in a Changing International Environment by Bruno Jossa
Cover of the book The Victorian Diary by Bruno Jossa
Cover of the book Sport in the African World by Bruno Jossa
Cover of the book The Evolution of Carbon Markets by Bruno Jossa
Cover of the book British Comedy Cinema by Bruno Jossa
Cover of the book The Future of International Courts by Bruno Jossa
Cover of the book The Imaginative Institution: Planning and Governance in Madrid by Bruno Jossa
Cover of the book Shared Space: Divided Space by Bruno Jossa
Cover of the book Making and Unmaking the Prospects for Rhetoric by Bruno Jossa
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy