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The Firm in Illyria: Market Syndicalism

In: The Economics of Co-Determination

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  • Benjamin Ward

Abstract

The discussion of the feasibility of socialism has long been closed with apparently quite general agreement that an economy will not inevitably collapse as a result of nationalization of the means of production. On the theoretical side the clinching argument was probably made by Barone shortly after the controversy began [2]. Probably the best-known of the arguments on the other side of the question, that of Mises [15], was published twelve years after Barone’s paper and gave rise to a new set of arguments, among them those of Taylor, Lange and Lerner [11] [12]. Lange in fact explicitly (though perhaps with a touch of irony) developed market socialism as a counterexample for Mises’ assertions.

Suggested Citation

  • Benjamin Ward, 1977. "The Firm in Illyria: Market Syndicalism," Palgrave Macmillan Books, in: David F. Heathfield (ed.), The Economics of Co-Determination, chapter 1, pages 1-25, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-03117-7_1
    DOI: 10.1007/978-1-349-03117-7_1
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    Cited by:

    1. Moore John H., 1991. "Mises was right : Yugoslav workers' self-management," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 2(4), pages 1-14, December.

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