Detalle del curso

Economic Democracy: The Cooperative Alternative

Could a cooperative market economy, in which firms are owned and controlled by their workers, be a viable and efficient alternative to capitalism?

Gratuito

Acerca de este curso

What would happen if workers ran their own businesses? Would worker-managed firms make the same decisions as their capitalist counterparts? Could such an economy be efficient? What policies could be deployed to promote a cooperative sector?

This course will focus on these central questions as we discuss the internal impact of employee ownership; productivity, governance and management, as well as the external impact of employee ownership; spillovers for health, democracy, and the local economy.

We will also discuss the simple economic theory of the labour-managed firm. Cooperatives have many attractive features, including high productivity. But they account for a relatively small proportion of GDP in most economies. We analyse possible reasons for this apparent paradox. There is widespread interest around the world in cooperatives as an alternative to the capitalist corporation, particularly since the financial crash of 2008. Economics and other social sciences sharpen the debate on cooperatives. After taking this course, you will be better prepared to participate in public discussion on cooperatives, join a cooperative, or even start a new one.

This course was created in collaboration with the following institutions:

Que aprenderás

Basic economics of firms owned or controlled by their workers
The main issues relating to the long-term viability of cooperatives
Policies to promote a cooperative sector in a market economy

Conoce a tus instructores

Donald A. R. George

Senior Lecturer (Associate Professor) of…

The University of Edinburgh

Rick Woodward

Lecturer in International Business

The University of Edinburgh

Juliette Summers

Lecturer in Management

University of St Andrews

Jelte Harnmeijer

Founding Partner

Scene Consulting

David Erdal

Hon. Research Fellow

University of St Andrews

Obtén un certificado para resaltar el conocimiento y las habilidades que adquiriste ($ 49USD)

Oficial y aprobado

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Fácil de compartir

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Ir al curso

Categoría: Business & Management

Nivel : Introductory

Institución : The University of Edinburgh

Valor : GRATUITO
Agregue un certificado aprobado por $49 USD

Esfuerzo : 2-3 horas a la semana

Duración : 6 Semanas

Prerequisitos

Basic high school maths.
Some basic knowledge of economics would be helpful but not essential.

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