IDEAS home Printed from https://ideas.repec.org/p/trn/utwpeu/1008.html
   My bibliography  Save this paper

Reconceptualising the third sector: toward a heterodox perspective

Author

Listed:
  • Vladislav Valentinov

Abstract

The paper explores the way the work of classic institutionalist authors can inform modern nonprofit economics. From the perspective of Thorstein Veblen, nonprofit organisation is explained as an institutional consequence of the pecuniary-industrial dichotomy. John R. Commons' institutional economics is used to highlight the role of nonprofit organisation in eliminating excessive scarcities of vital goods, thus achieving a more reasonable standard of living in a society. In the theoretical system of Clarence Ayres, nonprofit organisation is shown to embody a particular stage in the progressive weakening of the institution of private property in response to technological imperatives. The paper concludes with discussing nonprofit organisation as a conceptual link in reconciling the institutionalist paradigms of instrumental value and reasonable value.

Suggested Citation

  • Vladislav Valentinov, 2010. "Reconceptualising the third sector: toward a heterodox perspective," Euricse Working Papers 1008, Euricse (European Research Institute on Cooperative and Social Enterprises).
    • Handle: RePEc:trn:utwpeu:1008
    as

    Download full text from publisher

    File URL: https://www.euricse.eu/publications/992/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Avner BEN-NER & Theresa VAN HOOMISSEN, 1991. "Nonprofit Organizations In The Mixed Economy," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 62(4), pages 519-550, October.
    2. Susan Rose-Ackerman, 1996. "Altruism, Nonprofits, and Economic Theory," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 701-728, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sacchetti, Silvia & Tortia, Ermanno, 2012. "The internal and external governance of cooperatives: the effective membership and consistency of value," AICCON Working Papers 111-2012, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
    2. Carlo Borzaga & Ermanno Tortia, 2004. "Worker involvement in entrepreneurial nonprofit organizations. Toward a new assessment of workers' perceived satisfaction and fairness," Department of Economics Working Papers 0409, Department of Economics, University of Trento, Italia.
    3. Erwan Quéinnec, 2012. "Les organisations sans but lucratif repondent- elles à une demande de biens de confiance ? Le cas des services de prise en charge," Revue d'économie politique, Dalloz, vol. 122(1), pages 67-87.
    4. Gordon C. Winston, 1997. "Why Can't a College be More Like a Firm?," Williams Project on the Economics of Higher Education DP-42, Department of Economics, Williams College.
    5. Andrew C. Johnston & Carla Johnston, 2021. "Is Compassion a Good Career Move?: Nonprofit Earnings Differentials from Job Changes," Journal of Human Resources, University of Wisconsin Press, vol. 56(4), pages 1226-1253.
    6. Katia Melnik & Jean-Benoît Zimmermann, 2008. "An Economic Approach To Voluntary Association," Working Papers halshs-00347448, HAL.
    7. Gianluca Grimalda & Lorenzo Sacconi, 2002. "The Constitution of the Nonprofit Enterprise: Ideals, Conformism and Reciprocity," LIUC Papers in Ethics, Law and Economics 115, Cattaneo University (LIUC).
    8. Carlo Borzaga & Silvia Sacchetti, 2015. "Why Social Enterprises Are Asking to Be Multi-stakeholder and Deliberative: An Explanation around the Costs of Exclusion," Euricse Working Papers 1575, Euricse (European Research Institute on Cooperative and Social Enterprises).
    9. Joon Mahn Lee & Rahul Kapoor, 2017. "Complementarities and Coordination: Implications for Governance Mode and Performance of Multiproduct Firms," Organization Science, INFORMS, vol. 28(5), pages 931-946, October.
    10. Junyi Shen & Nobuko Kanaya & Hiromasa Takahashi, 2014. "The Share of Nonprofit and For-profit Organizations in the Quasi-market: An Analysis of the Long-term Care Services Market in Japan," Discussion Paper Series DP2014-08, Research Institute for Economics & Business Administration, Kobe University.
    11. Leete, Laura, 2000. "Wage equity and employee motivation in nonprofit and for-profit organizations," Journal of Economic Behavior & Organization, Elsevier, vol. 43(4), pages 423-446, December.
    12. Claudio Balestri, 2014. "Political Organizations, Interest Groups and Citizens Engagement: An Integrated Model of Democracy," Public Organization Review, Springer, vol. 14(4), pages 533-543, December.
    13. Markus König & Christian Pfarr & Peter Zweifel, 2014. "Mutual Altruism: Evidence from Alzheimer Patients and Their Spouse Caregivers," Advances in Health Economics and Health Services Research, in: Preference Measurement in Health, volume 24, pages 141-160, Emerald Group Publishing Limited.
    14. Antoci, Angelo & Galeotti, Marcello & Russu, Paolo & Zarri, Luca, 2006. "Generalized trust and sustainable coexistence between socially responsible firms and nonprofit organizations," Chaos, Solitons & Fractals, Elsevier, vol. 29(3), pages 783-802.
    15. Ekaterina Melnik & Jean-Benoît Zimmermann, 2015. "The We and the I: The Logic of Voluntary Associations," Working Papers halshs-01109609, HAL.
    16. Binder, Martin, 2016. "“…Do it with joy!” – Subjective well-being outcomes of working in non-profit organizations," Journal of Economic Psychology, Elsevier, vol. 54(C), pages 64-84.
    17. Anheier, Helmut K., 2000. "Managing non-profit organisations: towards a new approach," LSE Research Online Documents on Economics 29022, London School of Economics and Political Science, LSE Library.
    18. Goodell, John W. & Goyal, Abhinav & Hasan, Iftekhar, 2020. "Comparing financial transparency between for-profit and nonprofit suppliers of public goods: Evidence from microfinance," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 64(C).
    19. Elacqua, Gregory & Santos, Humberto, 2016. "Socioeconomic school segregation in Chile: parental choice and a theoretical counterfactual analysis," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    20. Francois, Patrick, 2000. "'Public service motivation' as an argument for government provision," Journal of Public Economics, Elsevier, vol. 78(3), pages 275-299, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:trn:utwpeu:1008. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Barbara Franchini (email available below). General contact details of provider: https://edirc.repec.org/data/euricit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.