Accumulated Glossary and Bibliography

Glossary

BI - Basic Income. 

ED - Economic Democracy, system designed by David Schweickart.
I - Investment.
KOF - Capital Owned Firm.
LMF - Labour Managed Firm.  
marksoc - Market Socialism
(pure) marksoc - Pure Market Socialism (Vanek, Ward).  Free market of good and services with competition between cooperative companies, capital is not controlled by the State.
MAW - Maximum Allowable Personal Wealth (R. George)

S - Savings.
UGI - Universal Guaranteed Income (R. George)
woc-marksoc - "Worker-Owned Companies" Market Socialism



Bibliography utilized:

BUNGE, Mario (1998): Social Science under Debate: A Philosophical Perspective, University of Toronto Press Incorporated.

ERRASTI A., BRETOS I., and NUNEZ A. (2017). "The viability of cooperatives: The fall of the Mondragon cooperative Fagor". Review of Radical Political Economics, First Published February 2, 2017.

JOSSA, Bruno (2004): "Book Review: Schweickart and Economic Democracy", Review of Radical Political  Economics (36), pp. 546-561.

KALMI, Panu (2003): “The Study of Co-operatives in Modern Economics: A Methodological Essay”, Helsinki School of Economics Working Paper No. 351.

MILL, John Stuart (1848, revised 1852): Principles of Political Economy: with some of their applications to social philosophy. Book IV,Chapter 7. John W.Parker, London. 

NAYERI, Kamram (2003): "Market Socialism: The Debate among Socialists (book review)", Review of Radical Political Economics, 35, pg. 362. 

OLLMAN, Bertell ed. (1998). With SCHWEICKART, David, LAWLER, James, TICKTIN, Hillel (1997): "Market Socialism: The Debate Among Socialist". Routledge; 1st edition.

RECTOR, Tully (2021): "Market socialism as a form of life", Review of Social Economy, DOI: 10.1080/00346764.2021.1886319

SCHWEICKART, David (1996): Against Capitalism, Westview Press.

SCHWEICKART, David (2002):  After Capitalism, Lanham: Rowman & Littlefield.

SCHWEICKART, David (2006):  "Economic Democracy: A Worthy Socialism that Would Work", Presentation at the Book Launching of "Derecho a Decidir: Propuestas para el socialismo del siglo XXI", ed. Joaquin Arriola.

SCHWEICKART, David (2008): Is Sustainable Capitalism Possible?, Beijing Forum: The Harmony of Civilizations and Prosperity for All -The Universal Value and the Development Trend of Civilization.
  
WESTRA, Richard (2008): "Economic Life Beyond Capital" (review of books), Review of Radical Political Economics, 40, pp. 354-363.

WOLFF, Richard (2012): Democracy at Work: A Cure for Capitalism. Haymarket Books. 

 


Bibliography from articles ("the Utopia List"):
 
   Here I will include bibliography that appeared in the articles utilized to write my posts, but that I still haven´t got to use.  With time, these items will be copied to the upper section (meaning that they have been read, analyzed, and discussed).  In the end I hope that all existent articles about Market Socialism can be found in this page and constitute a more or less complete reference list about the subject.  If my blog comes to nothing, the least I can do is to compile a list of material for other people to make Utopian dreams come true.

Aspromourgos, T. 2000. Is an employer-of-last-resort sustainable? A review article. Review of Political Economy 12 (2).

Banerjee, Abhijit, Dilip Mookherjee, Kaivan Munshi, and Debraj Ray (2001): 'Inequality, Control Rights, and Rent Seeking: Sugar Cooperatives in Maharashtra', Journal of Political Economy, 109 (1): 138-90.

Benham, Lee and Philip Keefer (1991): ‘Voting in Firms: The Role of Agenda Control, Size and Voter Homogeneity’, Economic Inquiry, 29: 706-19. 

Ben-Ner, Avner (1988): ‘The Life Cycle of Worker-owned Firms in Market Economies: a Theoretical Analysis’, Journal of Economic Behavior and Organisation, 10:287-313. 

Blaug, Mark (1998): 'The Problems With Formalism', Challenge, May-June.

Bonin, John P. and Louis Putterman (1987): Economics of Cooperation and the Labor-Managed Economy, New York: Harwood.

Bonin, John P., Derek C. Jones and Louis Putterman (1993): 'Theoretical and Empirical Studies of Producer Cooperatives: Will Ever the Twain Meet?' Journal of Economic Literature, 31:1290-1320.

Bowles, Samuel and Herbert Gintis (1996): 'The Distribution of Wealth and the Viability of the Democratic Firm', in Pagano and Rowthorn, 82-97.  

Dickinson, H. D. 1933. Price formation in a socialist community. Economic Journal 43 (June).
 
Dobb, M. [1939] 1955a. Economists and the economics of socialism. In On economic theory and socialism. Collected papers, ed. M. Dobb. London: Routledge & Kegan.

[1939] 1955b. A note on saving and investment in a socialist economy. In On economic theory and socialism. Collected papers, ed. M. Dobb. London: Routledge & Kegan.

 [1953] 1955.Areview of the discussion concerning economic calculation in a socialist economy. In Oneconomic theory and socialism. Collected papers, ed. M. Dobb. London: Routledge & Kegan.

1956. Pianificazione. In Dizionario di economia politica. Milan: Comunitá.

1969. Welfare economics and the economics of socialism. Cambridge, UK: Cambridge University Press.

Davis, John B., D. Wade Hands, and Uskali Mäki (1998, eds.): The Handbook of Economic Methodology, Cheltenham: Edward Elgar.

Domar, E. D. 1966. The soviet collective farm as a producer cooperative. American Economic Review 56 (4).

Doucouliagos, Chris (1995): 'Worker Participation and Productivity in Labor-Managed Firms and Participatory Capitalist Firms: A Meta-Analysis', Industrial and Labor Relations Review, 49 (1): 58-77.


Dow, G. 1993. Democracy versus appropriability. Can labour-managed firms flourish in a capitalist world? In Markets and democracy: Participation, accountability and efficiency, ed. S. Bowles, H. Gintis, and B.
Gustafsson. Cambridge, UK: Cambridge University Press.

1998. Review of Jossa & Cuomo, 1997. Journal of Economic Literature 36 (2).

Dow, G., and L. Putterman. 1996. Why capital (usually) hires labour: A review and assessment of some proposed explanations. MIMEO.

Dow, Gregory K. (2003): Governing the Firm: Workers' Control in Theory and Practice, Cambridge, UK: Cambridge University Press.


Dow, Sheila C. (2002): Economic Methodology: An Inquiry, Oxford: Oxford University Press.
 
Drèze, J. H. 1989. Labour-management, contracts and capital markets. A general equilibrium approach. Oxford: Blackwell.  

1993. Self-management and economic theory: Efficiency, funding and employment. In Market socialism: The current debate, ed. P. Bardhan and J. E. Roemer. New York: Oxford University Press.

Dubravcic, D. 1970. "Labor as an entrepreneurial input; an essay on the theory of the producer cooperative economy". Economica 37 (147).

Earle, John S. and Estrin, Saul (1996): ‘Employee Ownership in Transition’, in Roman Frydman, Cheryl Gray and Andrzej Rapaczynski (eds): Corporate Governance in Central Europe and Russia, vol. 2: Insiders and the State. Budapest:CEU Press.
 
Elster, J., and K. P. J. Moene, eds. 1989. Alternatives to capitalism. Cambridge, UK: Cambridge University Press.

Erlich, A. 1978. Dobb and the Marx-Feldman model: A problem in the soviet economic strategy. Cambridge Journal of Economics 15 (2).

Estrin, S. 1983. Self-management: Economic theory and Yugoslav practice. Cambridge, UK: Cambridge University Press.

Furubotn, Eirik and Pejovich, Svetozar (1970): 'Property Rights and the Behaviour of the Firm in a Socialist State: the Example of Yugoslavia', Zeitschrift für Nationalökonomie, 30: 430-454. 

Furubotn, Eirik (1976): 'The Long-Run Analysis of the Labor-Managed Firm: An Alternative Interpretation', The American Economic Review, 66: 104-123.

Furubotn, Eirik and Richter, Rudolf (1991): 'The New Institutional Economics: An Assessment', in Furubotn and Richter (eds.), The New Institutional Economics, Tübingen: Mohr, 1-34.

Gintis, H. 1989. Financial markets and the political structure of the enterprises. Journal of Economic Behaviour and Organization 1 (1).

George, Robley E. (2002): Socioeconomic Democracy: An Advanced Socioeconomic System, Wesport, CT: Praeger Paperback, 328 pp.

Hansmann, Henry (1996): The Ownership of Enterprise, Cambridge, MA: Belknap Press.

Hart, Oliver and Moore, John (1996): 'The Governance of Exchanges: Members' Cooperatives versus Outsider Ownership', Oxford Review of Economic Policy, 12 (4): 53-69.

Hart, Oliver and Moore, John (1998): 'Cooperatives vs. Outside Ownership', NBER working paper 6421, February.

Hodgson, Geoffrey M. (1988): Economics and Institutions: A Manifesto for a Modern Institutional Economics, Cambridge: Polity University Press.

• (1996): 'Organisational Form and Economic Evolution', in Pagano and Rowthorn, 98-115. 
• (1999): Economics and Utopia: Why the Learning Economy Is Not the End of History, London: Routledge. 

Horvat, Branko (1982): The Political Economy of Socialism: A Marxist Social Theory, M.E. Sharpe.
 
Ireland, N. J., and P. J. Law. (1981): "Efficiency, incentives, and individual labor supply in the labor-managed firm". Journal of Comparative Economics 5 (1).

Ireland, Norman J. and Law, Peter J. (1982): The Economics of Labour-Managed Enterprises, London: Croom Helm.

Jensen, Michael C. and Meckling, William H.  (1979): 'Rights and Production Functions: An Application to Labor-Managed Firm and Codetermination', Journal of Business, 52(4): 469-506.
 
Jossa, B. 2001. L’impresa gestita dai lavoratori e la disoccupazione classica e Keynesiana. Rivista italiana degli economisti, 1, April.

2004. Marx, Marxism and the cooperative movement. Cambridge Journal of Economics.

Jossa, B., and G. Cuomo. 1997. The economic theory of socialism and the labour-managed firm. Cheltenham, UK: Edward Elgar.

Kaldor, N. 1972. The irrelevance of equilibrium economics. Economic Journal 82 (December).
 
Kornai, J. 1992. The socialist system: The political economy of communism. Princeton, NJ: Princeton University Press.

Meade, James E. (1972): ‘The Theory of Labour-Managed Firms and of Profit-Sharing’, Economic Journal 82: 402-28.

Meade, J. E. 1972. "The theory of labour-managed firms and of profit sharing". Economic Journal Suppl. No. 82 (March).

1979. "The adjustment processes of labor cooperatives with constant returns to scale and perfect competition". Economic Journal 89 (December).

Mygind, N. 1997. Employee ownership in Baltic countries. In Privatisation surprises in transition economies: Employee ownership in Central and Eastern Europe, ed. M. Uvalic and D. Vaugham-Whitehead. Cheltenham, UK: Edward Elgar.

1962a. Squilibri economici e pianificazione in Italia. La Rivista Trimestrale 2 (June). 

1962b. Mercato, pianificazione e imprenditorialità. La Rivista Trimestrale 3 (September).

Nuti, D. M. 1978. Investment, interest and degree of centralization in Maurice Dobb’s theory of socialist economy. Cambridge Journal of Economics 3 (2).

Pagano, Ugo and Rowthorn, Robert (1996, eds): Democracy and Efficiency in the Economic Enterprise, London: Routledge.

Pencavel, John (2001): Worker Participation: Lessons from the Worker Co-ops of the Pacific Northwest, New York: Russell Sage.

Perkins, Albert (1995): 'Cooperative Economics: An Interview With Jaroslav Vanek', New Renaissance Magazine, 5(1), available also at http://www.ru.org/51cooper.html 

Pica, F. 2000. Per un federalismo municipalista (I principi: il federalismo e la costituzione italiana). In Teoria e fatti del federalismo fiscale, ed. D. Fausto and F. Pica. Bologna, Italy: Il Mulino.

Pittatore, Silvia and Turati, Gilberto (2000): ‘A Map of Property Rights in Italy and the Case of Co-operatives: An Empirical Analysis of Hansmann’s Theory’, Economic Analysis: Journal of Enterprise and Participation, 3(1): 23-48.

Putterman, L. 1993. After the employment relation. In Markets and democracy: Participation, accountability and efficiency, ed. S. Bowles, H. Gintis, and B. Gustafsson. Cambridge, UK: Cambridge University Press.

Prychitko, David (1996): 'The Critique of Workers' Self-Management: Austrian Perspectives and Economic Theory', Advances in Austrian Economics, 3

Rey Patrick and Tirole, Jean (2000): 'Loyalty and Investment in Cooperatives', mimeo, University of Social  Sciences, Toulouse.

Rey, Patrick and Tirole, Jean (2001): 'Financing and Access in Cooperatives', mimeo, University of Social Sciences, Toulouse. 

Roemer, J. E. 1992. The morality and efficiency of market socialism. Ethics 102. Reprinted in J. E. Roemer, Egalitarian perspectives; essays in philosophical economics. Cambridge, UK: Cambridge Economic Press, 1994.

1994. On public ownership. In Egalitarian perspectives; essays in philosophical economics. Cambridge, UK: Cambridge Economic Press.

Rusmich, Ladislav & Sachs, Stephen M. (2003): Lessons from the Failure of the Communist Economic System, Lanham, MD: Lexington Books, 380 pp.


Schweickart, D. 1993. Against capitalism. Cambridge, UK: Cambridge University Press.

1998. Market socialism; a defense. In Market socialism; the debate among socialists, ed. B. Ollman.London: Routledge.

Sen, Amartya K. (1966): ’Labour Allocation in a Co-operative Enterprise’, Review of Economic Studies, 33: 361-71.
 
Stephen, F. H. 1984. The economic analysis of producers’ cooperatives. London: Macmillan.

Thomas, H., and C. Logan. 1982. Mondragon; an economic analysis. London: Allen & Unwin.

Tortia, Ermanno (2002): The Internal Organisation of Labour Managed Firms: The Problem of Value Added Distribution and of Capital Accumulation, unpublished Ph.D. dissertation, University of Ferrara.
 
Vanek, J. 1970. The general theory of labor-managed market economies. Ithaca, NY: Cornell University Press.
 
Vanek, Jaroslav (1971): The Participatory Economy: An Evolutionary Hypothesis and a Strategy for Development, Ithaca: Cornell University Press.

Vanek, Jaroslav (1975): Self-Management: Economic Liberation of Man, Harmondsworth, UK: Penguin.

von Mises, L. [1932] 1981. Socialism; an economic and sociological analysis. Engl. translation. New Haven: Yale University Press.

Ward, Benjamin (1958): 'The Firm in Illyria: Market Syndicalism', American Economic Review, 48: 566-89.

Still Not In Proper Order, will be shortly:


Mäki, Uskali (1998): 'Realisticness', in Davis, Hands and Mäki, 409-13.Morduch, Jonathan (1999): ‘The Microfinance Promise’, Journal of Economic Literature, 37 (4): 1569-634.
Schotter, Andrew (1997): Microeconomics: A Modern Approach, Reading, MA: Addison-Wesley.Steinherr, Alfred and Jean-Jacques Thisse (1979): ‘Are Labour-Managers Really Perverse?’, Economics Letters, 2: 137-43.Jean (1999): ‘Incomplete Contracts: Where Do We Stand?’, Econometrica, 67 (4): 741-81.
Tirole, Jean (2001): ‘Corporate Governance’, Econometrica, 69 (1): 1-35. 
Torgerson, Randall E., Bruce J. Reynolds, and Thomas W. Gray (1998): ‘Evolution of Cooperative Thought, Theory and Purpose’, Journal of Cooperatives 
Williamson, Oliver E. (1985): The Economic Institutions of Capitalism, New York: The Free Press.