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Ideologies / Market Socialist / Jaroslav Vanek
Jaroslav Vanek — ink portrait
§ The minds · 1930–2017 · Czech / US · Economist

Jaroslav Vanek

The labour-managed firm

Economics of cooperatives.

Heterodox Market Socialist →
Economic−74
SocialistMarket
Governance−4
LibertarianAuthoritarian
Social+30
TraditionalProgressive
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The economist who formalised the theory of the labour-managed firm, giving market socialism and the cooperative movement their rigorous microeconomic foundation.

social

Cooperative progressive.

economic

Worked out the theory of firms owned and run by their workers.

governance

Economic democracy within a market framework.

Notable for
  • Theory of the labour-managed firm
  • 'The General Theory of Labor-Managed Market Economies'
  • Cooperative economics
labour-managed-firmcooperativeseconomic-democracy
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