In previous work, Gregory K. Dow created a broad and accessible overview of worker-controlled firms. In his new book, The Labor-Managed Firm: Theoretical Foundations, Dow provides the formal models that underpinned his earlier work, while developing promising new directions for economic research. Emphasizing that capital is alienable while labor is inalienable, Dow shows how this distinction, together with market imperfections, explains the rarity of labor-managed firms. This book uses modern microeconomics, exploits up-to-date empirical research, and constructs a unified theory that accounts for many facts about the behavior, performance, and design of labor-managed firms. With a large number of entirely new chapters, comprehensive updating of earlier material, a critique of the literature, and policy recommendations, here Dow presents the capstone work of his career, encompassing more than three decades of theoretical research.
This book uses economic theory to argue that worker-controlled firms are rare due to market failures rather than inherent organizational defects. The book will be of interest to scholarly researchers, graduate students, and advanced undergraduates in economics, especially in industrial organization, labor economics, comparative economics, organizational economics, and finance.
Around 15,000 years ago, almost all humans lived in small mobile foraging bands. By about 5,000 years ago, the first city-states had appeared. This radical transformation in human society laid the foundations for the modern world. We use economic logic and archaeological evidence to explain six key elements in this revolution: sedentism, agriculture, inequality, warfare, cities, and states. In our approach the ultimate cause of these events was climate change. We show how shifts in climate interacted with geography to drive technological innovation and population growth. The accumulation of population at especially rich locations led to creation of group property rights over land, stratification into elite and commoner classes, and warfare over land among rival elites. This set the stage for urbanization based on manufacturing or military defense and for elite-controlled states based on taxation. Our closing chapter shows how these developments eventually resulted in contemporary global civilization.
In Cancer Stories five people share their journeys, their stories, and the suffering they faced before their deaths. These narratives chronicle the despair, hope, and love they experienced while living and dying with cancer, giving the power of the human spirit full voice. Lessons learned are presented as "gifts" at the conclusion of each of the five narratives. This book is for people living with the disease and their caregivers. Nurses and physicians, students in any health-related discipline, as well as persons engaged in qualitative research will also find this an invaluable resource. The importance of incorporating qualitative, research-based approaches in caring for the dying emerges from the narratives. Cancer Stories points toward a more holistic research/treatment agenda, one that bridges the medical and social sciences.
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