"Bruno Jossa expertly illustrates that the creation of a system of cooperative firms is tantamount to a revolution giving rise to a new production mode capable of reversing the existing relationship between capital and labour. The book also demonstrates a revolution enacted by peaceful and...

1. Marx, Lenin and the cooperative movement -- 2. Is Marxism compatible with modern economic theory? -- 3. The problem of investment funding in labour-managed firms -- 4. Under-investment in labour-managed firms -- 5. Alchian and Demsetz's critique of labour-managed firms -- 6. On rational...