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The aim of this article is to discuss some of the main advantages of an employeemanaged system: a labour productivity edge on capitalistic businesses, the suppression of external firm control, slower monopoly-building and softer competition, the eclipse of the paramount role of economics in...
Persistent link: https://www.econbiz.de/10009643378
the pivot of capitalistic systems and would consequently amount to a revolution in full keeping with Marxian theory …
Persistent link: https://www.econbiz.de/10014195857
the pivot of capitalistic systems and would consequently amount to a revolution in full keeping with Marxian theory. …
Persistent link: https://www.econbiz.de/10008475967
We rationalize several facts emerging from the recent empirical research on cooperatives owned by workers (workers' firms, WF) as: the concern of WFs for employment; the interplay between membership and workplace safeguard within WFs; the different reaction to shocks between WFs and...
Persistent link: https://www.econbiz.de/10013162257
The labor-managed Mondragon cooperatives in the Basque country, and La Lega coops concentrated in North Central Italy, are grouped into leagues that enable them to reap economies of scale in key services such as R&D, marketing and finance. These leagues are relatively rare and there are fewer...
Persistent link: https://www.econbiz.de/10013157835
Thanks to algorithmic management, the digital platform sector does not require sophisticated governance structures and labour intensity tends to be higher than in traditional sectors. So, why aren’t usually digital labour platforms worker cooperatives? We develop a simple model to study...
Persistent link: https://www.econbiz.de/10012866809
The purpose of this paper is to go back to the first principles of democracy and private property, and to show that they are violated by the conventional firms based on the employment relations and are satisfied by the legal form of a worker cooperative. The conventional bundle of rights in a...
Persistent link: https://www.econbiz.de/10012934637
This is the first legal article, to the author’s knowledge, to apply social movement theory to the foundation of worker … theory to worker cooperatives should suggest further areas of inquiry in developing the various social movement theories …. Second, unions and others can seek guidance from social movement theory as they seek to give workers a voice at work by …
Persistent link: https://www.econbiz.de/10014163712
A fundamental question for economics is why large firms in market economies usually assign control rights to capital suppliers rather than labor suppliers. A diverse collection of answers can be found in the literature. But unfortunately little theoretical consensus has emerged, and few attempts...
Persistent link: https://www.econbiz.de/10014141245
Economists believe that a problem of team production results from the desirability of production in (sometimes large) groups, the difficulty of rewarding individual group members based on their (difficult or impossible to measure) individual contributions, and the presumed interest of each...
Persistent link: https://www.econbiz.de/10014023656