Jump to ContentJump to Main Navigation
The Philosophy and Economics of Market SocialismA Critical Study$
Users without a subscription are not able to see the full content.

N. Scott Arnold

Print publication date: 1995

Print ISBN-13: 9780195088274

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780195088274.001.0001

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 October 2019

Exploitation in a Market Socialist Economy II

Exploitation in a Market Socialist Economy II

(p.206) 7 Exploitation in a Market Socialist Economy II
The Philosophy and Economics of Market Socialism

N. Scott Arnold

Oxford University Press

This chapter discusses the opportunities for exploitation in a large cooperative setting. Ideally, other than in terms of sheer size, the differences between large cooperatives and smaller cooperatives do not appear to be that great. Indeed, in principle, smaller cooperatives could also have a workers' council. Though the two types of cooperatives are similar in many respects, the comparable capitalist organization, the open corporation, is dramatically different from its smaller cousin, the classical capitalist firm. Following the comparison, this chapter identifies various areas where exploitation may occur in the large cooperative setting. Such areas include the firm-market boundary, state organizations, state control of new investment, and in the valuation of assets. Following the discussion on exploitation, this chapter surmises that due to the presence of exploitation, a form of injustice, in the market socialist economy, the system might not be the most conducive system towards a good society.

Keywords:   large cooperatives, good society, exploitation, free enterprise

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 .