Jump to ContentJump to Main Navigation
The Political Economy of ProgressJohn Stuart Mill and Modern Radicalism$
Users without a subscription are not able to see the full content.

Joseph Persky

Print publication date: 2016

Print ISBN-13: 9780190460631

Published to Oxford Scholarship Online: June 2016

DOI: 10.1093/acprof:oso/9780190460631.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 21 November 2019

Cooperatives, Unions, and Economic Democracy

Cooperatives, Unions, and Economic Democracy

(p.133) Chapter 9 Cooperatives, Unions, and Economic Democracy
The Political Economy of Progress

Joseph Persky

Oxford University Press

The key argument of this volume is that Mill saw laissez-faire capitalism as a transitional state. For Mill the concrete manifestation of this transition was to be found in the rise of cooperative production facilities. In the new economy, Mill anticipated that the material and psychological independence of workers would be built on the emergence of a substantive cooperative movement. As education raised workers’ capacities and expectations, those workers would be increasingly unsuited for the mindless subservience of the capitalist employment relationship. Although as a young man Mill had argued against the economics of Owen and Thompson, after the French Revolution of 1848 Mill consistently moved to the left, making a radical case for cooperatives. He rejected independent proprietorship as inefficient, profitsharing as a half measure unlikely to satisfy the working classes, and nationalization as mind-numbing and bureaucratic. Mill looked forward to unions becoming focal points of cooperative development.

Keywords:   Mill, cooperatives, Owen, Thompson, French Revolution of 1848, independent proprietorship, profitsharing, nationalization, trade unions

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .