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

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Bruno Jossa


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.

Cooperative firms, socialism, marxism

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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
Original Research Article