Purpose - This paper aims to determine the status of the socialist market economy through a logical analysis of the evolution of economic systems in human society. Design/methodology/approach - This paper presents an analysis of uncertainty and the functions performed by different economic...

"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...