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Producer Cooperatives and Labor-Managed Systems

Edited by David L. Prychitko, Head, Department of Economics, Northern Michigan University and Faculty Affiliate in the Program on Markets and Institutions, James M. Buchanan Center for Political Economy, George Mason University, US and Jaroslav Vanek, Professor of Economics and Carl Marks Professor of International Studies and Director, Program on Participation and Labor-Managed Systems, Cornell University, US
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.
Two volume set
Extent: 864 pp
Hardback Price: $435.00 Web: $391.50
Publication Date: 1996
ISBN: 978 1 85898 189 5
Availability: In Stock
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  • Economics and Finance
  • Labour Economics
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.
‘. . . Producer Cooperatives and Labor-Managed Systems is an informative collection of articles on the subject of labor management . . . Readers will benefit from this compilation insofar as it lays out the initial debate, the critical aspects of the labor-management controversy in the neoclassical economic literature, and some recent studies.’
– Sonja Novkovic, Feminist Economics
Contributors include: B.-N. Avner, J.P. Bonin, K. Bradley, R. Cable, B. Craig, E.D. Domar, G.K. Dow, J.H. Drèze, D.P. Ellerman, J. Espinosa, S. Estrin, R. Felix, R. FitzRoy, E.G. Furubotn, A. Gelb, B. Horvat, N.J. Ireland, M.C. Jensen, D.C. Jones, J.E. Meade, W.H. Meckling, H. Miyazaki, J. Pencavel, K. Plokker, L. Putterman, J. Robinson, A.K. Sen, A. Steinherr, J. Svejnar, I. Tatsuro, B. Ward
38 articles, dating from 1958 to 1993
Contents: Introduction Part I: Performance: Classic Essays in the Theoretical Debate Part II: Performance under Diverse Structures and Systems Part III: Rights, Incentives, Innovation Index