The Labor-Managed Firm

Theoretical Foundations

Business & Finance, Management & Leadership, Industrial Management, Economics, Theory of Economics
Cover of the book The Labor-Managed Firm by Gregory K. Dow, Cambridge University Press
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Author: Gregory K. Dow ISBN: 9781108506342
Publisher: Cambridge University Press Publication: April 5, 2018
Imprint: Cambridge University Press Language: English
Author: Gregory K. Dow
ISBN: 9781108506342
Publisher: Cambridge University Press
Publication: April 5, 2018
Imprint: Cambridge University Press
Language: English

In previous work, Gregory K. Dow created a broad and accessible overview of worker-controlled firms. In his new book, The Labor-Managed Firm: Theoretical Foundations, Dow provides the formal models that underpinned his earlier work, while developing promising new directions for economic research. Emphasizing that capital is alienable while labor is inalienable, Dow shows how this distinction, together with market imperfections, explains the rarity of labor-managed firms. This book uses modern microeconomics, exploits up-to-date empirical research, and constructs a unified theory that accounts for many facts about the behavior, performance, and design of labor-managed firms. With a large number of entirely new chapters, comprehensive updating of earlier material, a critique of the literature, and policy recommendations, here Dow presents the capstone work of his career, encompassing more than three decades of theoretical research.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In previous work, Gregory K. Dow created a broad and accessible overview of worker-controlled firms. In his new book, The Labor-Managed Firm: Theoretical Foundations, Dow provides the formal models that underpinned his earlier work, while developing promising new directions for economic research. Emphasizing that capital is alienable while labor is inalienable, Dow shows how this distinction, together with market imperfections, explains the rarity of labor-managed firms. This book uses modern microeconomics, exploits up-to-date empirical research, and constructs a unified theory that accounts for many facts about the behavior, performance, and design of labor-managed firms. With a large number of entirely new chapters, comprehensive updating of earlier material, a critique of the literature, and policy recommendations, here Dow presents the capstone work of his career, encompassing more than three decades of theoretical research.

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