Reconceptualizing Economic Theory for Co-ops and Solidarity Enterprises

In this article, along with Razeto’s concept of “simple labor time,” the framework provides some welcome intellectual tools for thinking about fairness and efficiency in cooperative enterprises. Razeto introduces a four-fold classification system for factors of production, with each being either “internal” or “external” to the co-op, and either “human” or “objectified” in nature. One of the most rigorous applications of Marxist theories of coops we have ever seen.
Read in GEO Co-op

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