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Why Capital (Usually) Hires Labor : An Assessment of Proposed Explanations

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Author Info

  • Dow, G
  • Putterman, L

Abstract

Enterprises owned or run by workers are probably as old as capitalism itself, but they have never occfupied more than a small sector of any developed market economy. In this paper, we ask why this is so.

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Bibliographic Info

Paper provided by Department of Economics, Simon Fraser University in its series Discussion Papers with number dp97-03.

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Length: 61 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:sfu:sfudps:dp97-03

Contact details of provider:
Postal: Department of Economics, Simon Fraser University, 8888 University Drive, Burnaby, BC, V5A 1S6, Canada
Phone: (778)782-3508
Fax: (778)782-5944
Web page: http://www.sfu.ca/economics.html
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Order Information:
Postal: Working Paper Coordinator, Department of Economics, Simon Fraser University, 8888 University Drive, Burnaby, BC, V5A 1S6, Canada
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Web: http://www.sfu.ca/economics/research/publications.html

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Keywords: MANAGEMENT; CAPITALISM;

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Cited by:
  1. Gary Gorton & Frank Schmid, 2000. "Class Struggle Inside the Firm: A Study of German Codetermination," NBER Working Papers 7945, National Bureau of Economic Research, Inc.
  2. Gregory K. Dow, 2000. "Allocating Control Over Firms: Stock Markets Versus Membership Markets," Discussion Papers dp00-03, Department of Economics, Simon Fraser University, revised Feb 2000.
  3. Dow, G.L., 1999. "On the Neutrality of Asset Ownership for Work Incentives," Discussion Papers dp99-1, Department of Economics, Simon Fraser University.
  4. Patrick Bolton & Chenggang Xu, 2001. "Ownership and Managerial Competition: Employee, Customer, or Outside Ownership," STICERD - Theoretical Economics Paper Series 412, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
  5. Pencavel, John, 2012. "Worker Cooperatives and Democratic Governance," IZA Discussion Papers 6932, Institute for the Study of Labor (IZA).

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