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Ownership, Control and Self-Management

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Author Info
George, Donald

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Abstract

The paper briefly summarizes those arguments which explain the paucity of workers' cooperatives under capitalism in terms of their financing arrangements. The possibility is considered that a wage-earners' investment fund of Scandinavian type could act as an external financing agency for a "cooperative sector" within a capitalist economy. A simple model is developed of such an economy with a fund in place. The dynamics of the model are analyzed and a number of simulation results reported. These results indicate the economic costs and consequences of various policies which such a fund might pursue. Copyright 1993 by Taylor and Francis Group

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Publisher Info
Article provided by Taylor and Francis Journals in its journal International Review of Applied Economics.

Volume (Year): 7 (1993)
Issue (Month): 1 ()
Pages: 48-68
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Handle: RePEc:taf:irapec:v:7:y:1993:i:1:p:48-68

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This page was last updated on 2009-11-14.


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