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Enterprise Forms and Economic Efficiency

Capitalist, Cooperative and Government Firms

By Kazuhiko Mikami

Routledge – 2011 – 216 pages

Series: Routledge Studies in the Modern World Economy

Purchasing Options:

  • Add to CartPaperback: $54.95
    978-0-415-70295-9
    September 12th 2013
  • Add to CartHardback: $160.00
    978-0-415-61006-3
    June 30th 2011

Description

The book conducts a comparative study on the form of enterprise, focusing on broadly defined cooperative firms in comparison with conventional capitalist firms. It explores the essential advantages and disadvantages of the different types of firms and attempts to answer why capitalist firms are so prevalent in our economy.

The book attempts to explain these questions from the viewpoint of "market failure" in the framework of standard microeconomic theory. In this analytical framework, it proposes an alternative system of business organization based upon consumer cooperatives and the market for their memberships, which can coexist consistently with the system of capitalist firms and the stock market within a single market economy.

The existing studies of the cooperative sector have been rather ideological. The analytical framework that is presented in this book helps promote scientific exploration of cooperative and other types of firms, which are indispensable and potentially promising constituents of our society.

Author Bio

Kazuhiko Mikami is a Professor of Economics at the University of Hyogo, Japan. His area of study ranges from economic systems to industrial organization and public economics. As a teacher, he has taught microeconomics and industrial organization.

Name: Enterprise Forms and Economic Efficiency: Capitalist, Cooperative and Government Firms (Hardback)Routledge 
Description: By Kazuhiko Mikami. The book conducts a comparative study on the form of enterprise, focusing on broadly defined cooperative firms in comparison with conventional capitalist firms. It explores the essential advantages and disadvantages of the different types of firms and...
Categories: Microeconomics, Critical Management Studies, Asian Business, Asian Economics, Labour Economics