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  1. Marx And Disequilibrium in Market Socialist Relations of Production.N. Scott Arnold - 1987 - Economics and Philosophy 3 (1):23.
    One feature of socialism that has been little discussed in the recent revival of interest in Marx is the basic form of economic organization that will characterize such a society. Marx's view, to be documented in what follows, is that socialism would not have a market economy. This prediction should be a matter of some embarrassment or consternation to twentieth-century socialists outside of the Soviet bloc who claim a Marxist heritage. Despite the fact that some socialist regimes in the first (...)
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  • The Firm as Association Versus the Firm as Commodity.Louis Putterman - 1988 - Economics and Philosophy 4 (2):243.
    Recent years have seen the flowering of a new literature on the economic nature of firms marked by a concern with their internal organization and contractual characteristics. Related literatures on the principal-agent problem and the theory of financial markets have also contributed to a better understanding of firms as economic institutions. However, the place of the concept of the ownership of the firm is poorly developed in most of this literature, with many writers either ignoring the concept entirely or arguing (...)
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