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Worker's Self-management
Workers' self-management, also referred to as labor management and organizational self-management, is a form of organizational management based on self-directed work processes on the part of an organization's workforce. Self-management is a defining characteristic of socialism, with proposals for self-management having appeared many times throughout the history of the socialist movement, advocated variously by democratic, libertarian and market socialists as well as anarchists and communists. There are many variations of self-management. In some variants, all the worker-members manage the enterprise directly through assemblies while in other forms workers exercise management functions indirectly through the election of specialist managers. Self-management may include worker supervision and oversight of an organization by elected bodies, the election of specialized managers, or self-directed management without any specialized managers as such. The goals of self-management are to ...
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Management
Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a Government agency, government body. It is the art and science of managing resources of the business. Management includes the activities of setting the strategic management, strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its goal, objectives through the application of available Resource (economics), resources, such as financial, natural resources, natural, technological, and human resources. "Run the business" and "Change the business" are two concepts that are used in management to differentiate between the continued delivery of goods or services and adapting of goods or services to meet the changing needs of customers - see trend (other), trend. The term "management" may also refer to those people who manage an organization—managers. Some people study management at colleges or univer ...
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Jaroslav Vanek
Jaroslav (also written as Yaroslav or Jarosław in other Slavic languages) is a Czech and Slovak first name, pagan in origin. There are several possible origins of the name Jaroslav. It is very likely that originally the two elements of the name referred to '' Jarilo'' - male Proto-Slavic deity of the sun, spring, and fertility, and ''slav'' meaning glory, i.e. "glory of the sun". However, with the adoption of Christianity in the Slavic countries the name began to be commonly understood not as a reference to a pagan deity, but rather to the "fervent worship of Go1of the Bible. ;People named Jaroslav: *Jaroslav Drobný, Czech tennis player *Jaroslav Drobný (footballer), Czech footballer *Jaroslav Foglar, Czech novelist *Jaroslav Halák, Slovak ice hockey player *Jaroslav Hašek, Czech author, writer of ''The Good Soldier Švejk'' *Jaroslav Heyrovský, Czech chemist and inventor, recipient of the Nobel prize *Jaroslav Jakubovič, Czech jazz saxophonist *Jaroslav Janiš, Czech ra ...
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Karl Marx
Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 pamphlet ''The Communist Manifesto'' and the four-volume (1867–1883). Marx's political and philosophical thought had enormous influence on subsequent intellectual, economic, and political history. His name has been used as an adjective, a noun, and a school of social theory. Born in Trier, Germany, Marx studied law and philosophy at the universities of Bonn and Berlin. He married German theatre critic and political activist Jenny von Westphalen in 1843. Due to his political publications, Marx became stateless and lived in exile with his wife and children in London for decades, where he continued to develop his thought in collaboration with German philosopher Friedrich Engels and publish his writings, researching in the British Mus ...
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Market Economy
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers are unimpeded by price controls or restrictions on contract freedom. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production. Market economies range from minimally regulated free-market and '' laissez-faire'' systems where state activity is restricted to providing public goods and services and safeguarding private ownership, to interventionist forms where the government plays an active role in serving special interests and promoting social welfare. State intervention can happen at the production, distribution, trade and consumption areas in the economy. The distribution of basic need services and goods like health care ma ...
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John Stuart Mill
John Stuart Mill (20 May 1806 – 7 May 1873) was an English philosopher, political economist, Member of Parliament (MP) and civil servant. One of the most influential thinkers in the history of classical liberalism, he contributed widely to social theory, political theory, and political economy. Dubbed "the most influential English-speaking philosopher of the nineteenth century", he conceived of liberty as justifying the freedom of the individual in opposition to unlimited state and social control. Mill was a proponent of utilitarianism, an ethical theory developed by his predecessor Jeremy Bentham. He contributed to the investigation of scientific methodology, though his knowledge of the topic was based on the writings of others, notably William Whewell, John Herschel, and Auguste Comte, and research carried out for Mill by Alexander Bain. He engaged in written debate with Whewell. A member of the Liberal Party and author of the early feminist work '' The Subjection ...
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Classical Liberal
Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. It gained full flowering in the early 18th century, building on ideas stemming at least as far back as the 13th century within the Iberian, Anglo-Saxon, and central European contexts and was foundational to the American Revolution and "American Project" more broadly. Notable liberal individuals whose ideas contributed to classical liberalism include John Locke,Steven M. Dworetz (1994). ''The Unvarnished Doctrine: Locke, Liberalism, and the American Revolution''. Jean-Baptiste Say, Thomas Malthus, and David Ricardo. It drew on classical economics, especially the economic ideas as espoused by Adam Smith in Book One of ''The Wealth of Nations'' and on a belief in natural law, progress, and ...
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Free-market
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for thos ...
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Mutualism (economic Theory)
Mutualism is an anarchist school of thought and economic theory that advocates a socialist society based on free markets and usufructs, i.e. occupation and use property norms. One implementation of this system involves the establishment of a mutual-credit bank that would lend to producers at a minimal interest rate, just high enough to cover administration. Mutualism is based on a version of the labor theory of value that it uses as its basis for determining economic value. According to mutualist theory, when a worker sells the product of their labor, they ought to receive money, goods, or services in exchange that are equal in economic value, embodying "the amount of labor necessary to produce an article of exactly similar and equal utility". The product of the worker's labour factors the amount of both mental and physical labour into the price of their product. While mutualism was popularized by the writings of anarchist philosopher Pierre-Joseph Proudhon and is mainly a ...
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Pierre-Joseph Proudhon
Pierre-Joseph Proudhon (, , ; 15 January 1809, Besançon – 19 January 1865, Paris) was a French socialist,Landauer, Carl; Landauer, Hilde Stein; Valkenier, Elizabeth Kridl (1979) 959 "The Three Anticapitalistic Movements". ''European Socialism: A History of Ideas and Movements from the Industrial Revolution to Hitler's Seizure of Power''. University of California Press. pp. 59, 63. "In France, post-Utopian socialism begins with Peter Joseph Proudhon. .. roudhonwas the most profound thinker among pre-Marxian socialists."Eatwell, Roger; Wright, Anthony (1999). ''Contemporary Political Ideologies'' (2nd ed.). London: Continuum. p. 82. .Newman, Michael (2005). ''Socialism: A Very Short Introduction''. Oxford University Press. p. 15. .Docherty, James C.; Lamb, Peter, eds. (2006). ''Historical Dictionary of Socialism''. Historical Dictionaries of Religions, Philosophies, and Movements. 73 (2nd ed.). Lanham, Maryland: The Scarecrow Press. p. 284. . See also Lamb, Peter (2015). ''H ...
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Gregory Dow
Gregory Keith Dow (born February 2, 1954) is an economist at Simon Fraser University who has contributed to the economics of participation and particularly to research on worker cooperatives. He received his Ph.D. from the University of Michigan in 1981 with a thesis "Investment under uncertainty : the capital market and the behavior of the firm" He is the author of the 2003 book ''Governing the Firm: Workers' Control in Theory and Practice'' (Cambridge University Press, 2003). According to WorldCat WorldCat is a union catalog that itemizes the collections of tens of thousands of institutions (mostly libraries), in many countries, that are current or past members of the OCLC global cooperative. It is operated by OCLC, Inc. Many of the O ..., the book is held in 773 libraries. His most recent book, ''The Labor-Managed Firm: Theoretical Foundations'' attempts to build a theoretical foundation in order to explain the overwhelming preeminence of capital-managed firms viz. l ...
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Jaroslav Vaněk
Jaroslav Vaněk (20 April 1930 – 15 November 2017) was a Czech American economist and Professor Emeritus of Cornell University known for his research on economics of participation ( labour-managed firms, worker cooperatives) and, in his earlier career, on the theory of international trade. He graduated (matura) from a high-school in Prague, and left/emigrated shortly after the communist putsch of 1948. He received his diploma in statistics, mathematics and economics at the Sorbonne (1952), and a postgraduate degree in economics at the University of Geneva (1954). In 1955 he left for the US, where in 1957 he received his PhD from the Massachusetts Institute of Technology. In 1964 he became professor of economics, and in 1969 of the international economics at Cornell University, where he directed from 1970 his program ''Participation and Labor Managed Systems'', he also worked on strategies for its implementation in post-communist countries (1990s). He was a visiting professor ...
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Evsey Domar
Evsey David Domar (russian: Евсей Давидович Домашевицкий, ''Domashevitsky''; April 16, 1914 – April 1, 1997) was a Russian American economist, famous as developer of the Harrod–Domar model. Life Evsey Domar was born on April 16, 1914 in the Polish city of Łódź, which was part of Russia at that time. He was raised and educated in Russian Outer Manchuria, then emigrated to the United States in 1936. He received a Bachelor of Arts from UCLA in 1939, a Master of Science from the University of Michigan in 1940, a Master of Science from Harvard University in 1943, and a doctorate from Harvard in 1947. In 1946 Evsey Domar married Carola Rosenthal. The couple had two daughters. He was a professor at the Carnegie Institute of Technology, The University of Chicago, the Johns Hopkins University and then at the Massachusetts Institute of Technology from 1957 until the end of his career. Evsey Domar was president of the Association for Comparative Economic ...
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