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The political economy of a democratic revolution


  • Jossa Bruno


Starting with an analysis of the concept of revolution, the author makes it clear that a non-violent and, thus, "democratic" revolution is not at odds with Marxist thought. Based on this finding, he argues that the system of producer cooperatives first theorised by Ward in 1958 and Vanek in 1970 is both a genuine revolution and in keeping with Marxist canons because in its "pure" form it produces a reversal of the traditional capital-labour relation. Moreover, a review of the works of well-known Marxists such as Kautsky and Gramsci is intended to establish if they accepted they idea of a democratic revolution. All these subjects are addressed from the perspective of a political economist, in terms that they are constantly set against the background of the modern economic theory of producer cooperatives.

Suggested Citation

  • Jossa Bruno, 2006. "The political economy of a democratic revolution," Politica economica, Società editrice il Mulino, issue 3, pages 287-316.
  • Handle: RePEc:mul:je8794:doi:10.1429/23236:y:2006:i:3:p:287-316

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    References listed on IDEAS

    1. Andrea Brandolini, 1999. "The Distribution of Personal Income in Post-War Italy: Source Description, Data Quality, and the Time Pattern of Income Inequality," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 58(2), pages 183-239, September.
    2. Katz, Lawrence F. & Autor, David H., 1999. "Changes in the wage structure and earnings inequality," Handbook of Labor Economics,in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 26, pages 1463-1555 Elsevier.
    3. Blau, Francine D. & Kahn, Lawrence M., 1999. "Institutions and laws in the labor market," Handbook of Labor Economics,in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 25, pages 1399-1461 Elsevier.
    4. Eswar S Prasad & Francesca Utili, 1998. "The Italian Labor Market; Stylized Facts, Institutions, and Directions for Reform," IMF Working Papers 98/42, International Monetary Fund.
    5. Christopher Erickson & Andrea Ichino, 1995. "Wage Differentials in Italy: Market Forces, Institutions, and Inflation," NBER Chapters,in: Differences and Changes in Wage Structures, pages 265-306 National Bureau of Economic Research, Inc.
    6. Richard B. Freeman & Lawrence F. Katz, 1995. "Differences and Changes in Wage Structures," NBER Books, National Bureau of Economic Research, Inc, number free95-1, January.
    7. Claudio Lucifora, 1999. "Wage Inequalities and Low Pay: The Role of Labour Market Institutions," Working Papers 1999.13, Fondazione Eni Enrico Mattei.
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