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The Labor-Managed Firm

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  • Dow,Gregory K.

Abstract

In previous work, Gregory K. Dow created a broad and accessible overview of worker-controlled firms. In his new book, The Labor-Managed Firm: Theoretical Foundations, Dow provides the formal models that underpinned his earlier work, while developing promising new directions for economic research. Emphasizing that capital is alienable while labor is inalienable, Dow shows how this distinction, together with market imperfections, explains the rarity of labor-managed firms. This book uses modern microeconomics, exploits up-to-date empirical research, and constructs a unified theory that accounts for many facts about the behavior, performance, and design of labor-managed firms. With a large number of entirely new chapters, comprehensive updating of earlier material, a critique of the literature, and policy recommendations, here Dow presents the capstone work of his career, encompassing more than three decades of theoretical research.

Suggested Citation

  • Dow,Gregory K., 2018. "The Labor-Managed Firm," Cambridge Books, Cambridge University Press, number 9781107132979, Enero-Abr.
    • Handle: RePEc:cup:cbooks:9781107132979
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    Cited by:

    1. Donald A R George & Eddi Fontanari & Ermanno Celeste Tortia, 2019. "Finance, property rights and productivity in Italian cooperatives," Edinburgh School of Economics Discussion Paper Series 293, Edinburgh School of Economics, University of Edinburgh.
    2. Fleurbaey, Marc & Kanbur, Ravi & Viney, Brody, "undated". "Social Externalities and Economic Analysis," Applied Economics and Policy Working Paper Series 309990, Cornell University, Department of Applied Economics and Management.
    3. Marina Albanese & Cecilia Navarra & Ermanno Tortia, 2019. "Equilibrium unemployment as a worker insurance device: wage setting in worker owned enterprises," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(3), pages 653-671, October.
    4. Laschewski, Lutz & Tietz, Andreas, 2020. "Identität und Stabilität von Mehrfamilienunternehmen," 60th Annual Conference, Halle/ Saale, Germany, September 23-25, 2020 305599, German Association of Agricultural Economists (GEWISOLA).
    5. Laschewski, Lutz & Tietz, Andreas, "undated". "Identität und Stabilität von Mehrfamilienunternehmen," 60th Annual Conference, Halle/ Saale, Germany, September 23-25, 2020 305599, German Association of Agricultural Economists (GEWISOLA).
    6. Flavio Delbono & Diego Lanzi & Carlo Reggiani, 2022. "Beyond Illyria: Workers' Firm in Mixed Oligopoly," Working Papers wp1170, Dipartimento Scienze Economiche, Universita' di Bologna.
    7. David Ellerman & Tej Gonza & Gregor Berkopec, 2022. "European Employee Stock Ownership Plan (ESOP): the main structural features and pilot implementation in Slovenia," SN Business & Economics, Springer, vol. 2(12), pages 1-20, December.
    8. Filippo Belloc, 2019. "Why Isn't Uber Worker-Managed? A Model of Digital Platform Cooperatives," CESifo Working Paper Series 7708, CESifo.
    9. Michele Costa & Flavio Delbono, 2021. "The Italian Geography of Regional Resilience: The Role of Cooperative Firms," Working Papers wp1166, Dipartimento Scienze Economiche, Universita' di Bologna.
    10. Fleurbaey, Marc & Kanbur, Ravi & Viney, Brody, 2020. "Social Externalities and Economic Analysis," Working Papers 309990, Cornell University, Department of Applied Economics and Management.
    11. Ferguson-Cradler, Gregory, 2020. "Ownership in the electricity market: Property, the firm, and the climate crisis," MPIfG Discussion Paper 20/5, Max Planck Institute for the Study of Societies.
    12. Ermanno C., Tortia, 2018. "A comparative institutional approach to co-operative self-finance: locked assets, divisible and indivisible reserves," MPRA Paper 89121, University Library of Munich, Germany.
    13. Dow,Gregory K., 2019. "The Labor-Managed Firm," Cambridge Books, Cambridge University Press, number 9781107589650, November.
    14. Tortia, Ermanno Celeste, 2019. "Employment protection regimes in worker co-operatives: dismissal of worker members and distributive fairness," MPRA Paper 94536, University Library of Munich, Germany.
    15. Marc Fleurbaey & Grégory Ponthière, 2021. "The stakeholder corporation and social welfare," Working Papers hal-03426120, HAL.
    16. Marina Albanese, 2020. "Social and Relational Variables in Worker Cooperatives: Implications for the Objective Function," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 9(1), pages 26-44.

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