Alternative systems of business organization and of workers' remuneration

Online-Ressource (155 pages)

illustrations

Routledge library editions. Economics. Keynesian & post-Keynesian economics ; X

First published in 1986 by Allen & Unwin

Includes bibliographical references and index

Cover; Title page; Copyright page; Contents; Preface; I Introduction; Note on Notation; Note on the Principles of Discrimination and Non-Discrimination; II The Structure of the Model; (a) The Market Structure; (b) The Welfare Measure; (c) The Production Function; (d) The Demand-Management Structure; III The Capitalist Wage Economy; (a) The Nature of the Capitalist Wage Economy; (b) The Capitalist Wage Economy with Unemployment and a Given Number of Firms; (c) The Capitalist Wage Economy with Unemployment and a Market-Determined Number of Firms; Note on the Cost of Entry of a New Firm

Note on a Geometrical Illustration of the Equilibrium Relationships between π and γ(d) The Full-Employment Capitalist Wage Economy with a Given Number of Firms; (e) The Full-Employment Capitalist Wage Economy with a Market-Determined Number of Firms; IV The Non-Discriminating Labour Co-operative; (a) The Nature of a Non-Discriminating Labour Co-operative; (c) Reconciliation with the Classical Analysis of Labour Co-operatives; (d) Full-Employment in a Non-Discriminating Labour Co-operative Economy; (e) Factors Affecting the Number of Co-operatives

(f) Concluding Observations on the Non-Discriminating Labour Co-operative(b) The Instability of the Non-Discriminating Labour Co-operative Economy; V The Capitalist Sharing Economy; (a) Two Forms of the Capitalist Sharing Economy; (b) The Capitalist Sharing Economy with Rigid Pay Parameters and Unemployment; (c) The Capitalist Sharing Economy with Rigid Pay Parameters and Full Employment; (d) The Effect of Rigid Pay Parameters on the Number of Firms; (e) Competition with Fixed-Wage Firms; (f) Survival through Flexibility of the Pay Parameters

Note on a Geometrical Illustration of the Adjustment of a Flexible s Parameter in a Pure Share Economy(g) Full Employment through Full Flexibility; (h) Concluding Observations on the Capitalist Share Economy; VI Discriminating Labour-Capital Partnerships; (a) The Objectives of Discriminating Labour-Capital Partnerships; (b) Outline of a Pure Discriminating Labour-Capital Partnership; (c) Partial Discriminating Labour-Capital Partnerships and the Distribution of Risks; (d) The Implications of Security of Employment; (e) Some Remaining Conflicts of Interest; (f) Participation in Decision-Making

(g) The Implications of the Principle of Discrimination(h) Concluding Observations on Discriminating Labour-Capital Partnerships; Select Bibliography; Index

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