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Radical Routes and Alternative Avenues

Author

Listed:
  • Sofa Gradin

    (School of Politics and International Relations, Queen Mary University of London, London, UK)

Abstract

In tumultuous times of financial crisis, capitalism is increasingly challenged as a desirable economic system. But are there any realistic alternatives to capitalism? Using theory and empirical research, this article offers one model of alternative business organization, focusing on not-for-profit cooperatives. If capitalism’s distinctive features are private property, profit, and (intra-market) competition, cooperatives can, if designed intelligently, function without these features.

Suggested Citation

  • Sofa Gradin, 2015. "Radical Routes and Alternative Avenues," Review of Radical Political Economics, Union for Radical Political Economics, vol. 47(2), pages 141-158, June.
    • Handle: RePEc:sae:reorpe:v:47:y:2015:i:2:p:141-158
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    More about this item

    Keywords

    alternative; anti-capitalist; capitalism; cooperatives; non-hierarchical;
    All these keywords.

    JEL classification:

    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship

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