Capitalist firm vis-a-vis trade union, versus producer cooperative

Arbeitspapier

By way of presenting an ahistorical fictitious story, this paper is ment to illustrate that: - in contrast to conventional wisdom, trade unions, in their symbiosis with capitalist firms, may further rather than impede price-mediated self-regulation in the labour market via their involvement in wagesetting, - whereas producer co-operatives, although they might seem to represent a close collateral of fully unionized capitalist firms, are fundamentally at variance with the logic of market self-regulation, in that they tend to respond to an increase in demand by restraining rather than extending supply, - with the consequence that they cannot even in principle be an alternative to capitalist firms, at least on a mass scale, unless combined with the adoption of some kind of bureaucratic price control.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Budapest Working Papers on the Labour Market ; No. BWP - 2004/5

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Gabor, Istvan R.
• Event: Veröffentlichung
• (who): Hungarian Academy of Sciences, Institute of Economics, Labour Research Department
• (where): Budapest
• (when): 2004

Further information

• Handle: http://hdl.handle.net/10419/108417
• Last update: 10.03.2025, 11:45 AM CET