On the Labour-managed Firm as a New Mode of Socialism

Main Article Content

Bruno Jossa

Abstract

The aim of this paper is to suggest that the establishment of a system of producer cooperatives is a revolution which is consistent with Marx and Engels’s thought. The author examines Marx’s definition of revolution and the concept of production mode and argues that a system of the cooperative firm changes the production mode. He discusses also what manner plan and the market can be reconciled in a socialist system.

Keywords:
Cooperative firms, socialism, marxism

Article Details

How to Cite
Jossa, B. (2018). On the Labour-managed Firm as a New Mode of Socialism. Journal of Economics, Management and Trade, 21(8), 1-10. https://doi.org/10.9734/JEMT/2018/42852
Section
Original Research Article