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Incentives, Efficiency, and Social Control: The Case of The Kibbutz

In: Public and Private Enterprise in a Mixed Economy

Author

Listed:
  • Haim Barkai

    (Hebrew University)

Abstract

Material incentives have been identified as the dominant motivating force of economic activity in Adam Smith’s felicitous dictum on the subject: ‘In civilized society [man] stands at all times in need of the co-operation and assistance of great multitudes … it is vain for him to expect it from their benevolence only. He will be more likely to prevail if he can interest their self-love in his favour, and show them that it is for their own advantage to do for him what he requires of them’ (Smith, 1937, p. 14).

Suggested Citation

  • Haim Barkai, 1980. "Incentives, Efficiency, and Social Control: The Case of The Kibbutz," International Economic Association Series, in: William J. Baumol (ed.), Public and Private Enterprise in a Mixed Economy, chapter 13, pages 233-249, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-16394-6_25
    DOI: 10.1007/978-1-349-16394-6_25
    as

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