Contents: Preface Introduction: The cooperative firm as an alternative to the capital-owned business enterprise -- 1. Democratic firms and socialism -- 2. An up-to-date model of marxism: A socialist system without any communist colouring -- 3. The revolutionary impetus of marxism versus...

A system of firms managed by the workers, if organized in the LMF form as suggested by Vanek, realizes a new method of production, one of the possible forms of a market based socialism. Thus, it is interesting to investigate the issue of a transition from capitalism to the new mode of...