"This book examines the changes in many kibbutz factories which have recently transformed from socialist entities, with egalitarian and cooperative relationships, to hierarchical and market-driven structures. Focusing on five case studies from an ethnographic perspective, the book explores the...

Though horizon and portfolio problems are commonly thought to limit cooperatives' ability to capitalize on investment opportunities, empirical inquiry into the existence of these constraints is sparse, and recent conceptual arguments suggest that the horizon problem in particular may be less...