The Economics of Worker Cooperatives

The Economics of Worker Cooperatives
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The subject has gained vigor and rigor in the past few decades, even though, paradoxically, attention in textbooks has declined, points out Pencavel (economics, Stanford U.) in his introduction. Many theories and claims of a previous era--some 50 years ago--are undergoing serious empirical investigation, and the worker co-op is being looked at once again as an alternative to conventional capitalist enterprises. Twenty-six selections are arranged in sections on background; issues of ownership, financing, and change; economic models; and empirical research. Original publication dates range from the mid-1970s to 2011; sources include Annals of Public and Co-operative Economy, Economics and Philosophy, Journal of Economic Literature, and Journal of Comparative Economics, among others. The anthology is not indexed. Annotation ©2013 Book News, Inc., Portland, OR (booknews.com)
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