Abstract

1. Marx, Lenin and the Cooperative Movement 2. Is Marxism Compatible with Modern Economic Theory? 3. The Problem of Investment Funding in Labour-Managed Firms 4. Under-Investment in Labour-Managed Firms 5. Alchian and Demsetz's Critique of Labour-Managed Firms 6. On the Rational Organisation of Labour-Managed Firms 7. An In-Depth Analysis of the Advantages of Democratic Firms 8. Labour-Managed Firms and Unemployment 9. Alienation in a Self-Managed Firm System 10. The Democratic Firm as a Merit Good 11. The Democratic Road to Socialism and Marxist Thought 12. Gramsci and the Transition to Socialism 13. The Key Contradiction in Capitalist Systems 14. A Democratic Firms System as the True Socialism 15. A System of Self-Managed Firms as a New Perspective on Marxism 16. Conclusion

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