ABSTRACT

The collapse of central planning was hailed as evidence of the economic and moral superiority of capitalism over any possible alternative. The essays in this book challenge that claim.
The case for more democratic forms of enterprise management is considered from a variety of viewpoints. One chapter deals with the philosophical justification for enterprise democracy. The remaining chapters are devoted to the question of efficiency, which has been central to economic debates about ownership and control. The orthodox belief amongst economists is that any shift to more democratic forms of enterprise control would be unworkable. The essays in this book provide a thorough theoretical and empirical critique of this orthodoxy.

chapter 1|10 pages

INTRODUCTION

part |2 pages

Part I THE PHILOSOPHICAL CASE

part |2 pages

Part II THEORETICAL ISSUES

chapter 3|25 pages

CAPITALIST VERSUS LIBERAL FIRM AND ECONOMY

Outline of a theory

chapter 6|18 pages

ORGANIZATIONAL FORM AND ECONOMIC EVOLUTION

A critique of the Williamsonian hypothesis