Alternative Systems of Business Organization and of Workers' Renumeration

Examining the relationship between employment and rates of pay, this book discusses how the choice between different forms of business organization may affect this relationship. For the purposes of the discussion a simple model of an imperfectly competitive economy is constructed and then examined in operation with different organizational forms for the competing firms. Chapters cover the following:

The Captialist Wage Economy; The Non-Discriminating Labour Co-operative; The Capitalist Shari...