The Labor-Managed Firm: Theoretical Foundations by Gregory K. Dow

By Gregory K. Dow

In earlier paintings, Gregory okay. Dow created a wide and available evaluate of worker-controlled corporations. In his new ebook, The Labor-Managed company: Theoretical Foundations, Dow offers the formal versions that underpinned his previous paintings, whereas constructing promising new instructions for financial learn. Emphasizing that capital is alienable whereas hard work is inalienable, Dow exhibits how this contrast, including marketplace imperfections, explains the rarity of labor-managed organizations. This booklet makes use of glossy microeconomics, exploits up to date empirical examine, and constructs a unified concept that bills for plenty of proof in regards to the habit, functionality, and layout of labor-managed businesses. With a number of totally new chapters, accomplished updating of previous fabric, a critique of the literature, and coverage techniques, the following Dow offers the capstone paintings of his occupation, encompassing greater than 3 a long time of theoretical research.

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