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Comment on Ramon Flecha and Ignacio Santa Cruz. The Priority of Labor and Capital Accounts
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David Ellerman
Published/Copyright:
January 12, 2016
Abstract
Two aspects of the fine Flecha-Cruz paper can be usefully elaborated. The Mondragon cooperatives differ not only from capitalist firms but also from most other cooperatives in the doctrine of the 'priority of labor over capital' which means that the people working in any sort of cooperative will be members and will not be rented as employees. Also the Mondragon system of internal capital accounts solves the equity-structure problem that has plagued many modern cooperatives structured as non-profits or traditional worker cooperatives with 'membership shares'.
Published Online: 2016-01-12
Published in Print: 2011-05-01
© 2011 by Lucius & Lucius, Stuttgart
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Articles in the same Issue
- Contents
- Editorial: Work and Cooperation
- On the Logic and Ethics of Cooperation
- Potentials of Cooperation
- The Idiocy of Strategic Reasoning. Towards an Account of Consensual Action
- Comment on Hans Bernhard Schmid. Coordination, Cooperation and the Origin of Normative Expectations
- Cooperation as Joint Action
- Comment on Raimo Tuomela. Joint Action: How Rational? How Irreducible?
- Justice as Fairness and Reciprocity
- Comment on Andrew Lister. Just Distribution(s) for Mutual Recognition
- Cooperating to Promote the Good
- Comment on Robert H. Myers. Finding Out What is Substantive in Cooperation
- Reply to Anton Leist. Keeping Constructivism in Its Place
- Cooperation and Efficiency in Economic Contexts
- Cooperation for Economic Success: The Mondragon Case
- Comment on Ramon Flecha and Ignacio Santa Cruz. The Priority of Labor and Capital Accounts
- Are Multinational Companies Responsible for Working Conditions in Their Supply Chains? From Intuition to Argument
- Comment on Sonja Dänzer. Structural Injustice in Global Production Networks: Shared Responsibility for Working Conditions
- From Niche to Mass Markets: Rival Strategies in Promoting Fair Trade Organic Commodity Chains
- Recognition, Cooperation and the Moral Presuppositions of Capitalist Organization of Work
- Comment on Hermann Kocyba. The Regime of Esteem, or Recognition as Affirmation
- Fairness and Cooperation in Experimental Research
- Contractarian Compliance and the 'Sense of Justice': A Behavioral Conformity Model and Its Experimental Support
- Comment on Lorenzo Sacconi, Marco Faillo and Stefania Ottone. Contractarian Compliance, Welfarist Justice, and Conformist Utility
- Equity and Efficiency in Multi-Worker Firms: Insights from Experimental Economics
- Reciprocity in Economic Games
- Authors
Articles in the same Issue
- Contents
- Editorial: Work and Cooperation
- On the Logic and Ethics of Cooperation
- Potentials of Cooperation
- The Idiocy of Strategic Reasoning. Towards an Account of Consensual Action
- Comment on Hans Bernhard Schmid. Coordination, Cooperation and the Origin of Normative Expectations
- Cooperation as Joint Action
- Comment on Raimo Tuomela. Joint Action: How Rational? How Irreducible?
- Justice as Fairness and Reciprocity
- Comment on Andrew Lister. Just Distribution(s) for Mutual Recognition
- Cooperating to Promote the Good
- Comment on Robert H. Myers. Finding Out What is Substantive in Cooperation
- Reply to Anton Leist. Keeping Constructivism in Its Place
- Cooperation and Efficiency in Economic Contexts
- Cooperation for Economic Success: The Mondragon Case
- Comment on Ramon Flecha and Ignacio Santa Cruz. The Priority of Labor and Capital Accounts
- Are Multinational Companies Responsible for Working Conditions in Their Supply Chains? From Intuition to Argument
- Comment on Sonja Dänzer. Structural Injustice in Global Production Networks: Shared Responsibility for Working Conditions
- From Niche to Mass Markets: Rival Strategies in Promoting Fair Trade Organic Commodity Chains
- Recognition, Cooperation and the Moral Presuppositions of Capitalist Organization of Work
- Comment on Hermann Kocyba. The Regime of Esteem, or Recognition as Affirmation
- Fairness and Cooperation in Experimental Research
- Contractarian Compliance and the 'Sense of Justice': A Behavioral Conformity Model and Its Experimental Support
- Comment on Lorenzo Sacconi, Marco Faillo and Stefania Ottone. Contractarian Compliance, Welfarist Justice, and Conformist Utility
- Equity and Efficiency in Multi-Worker Firms: Insights from Experimental Economics
- Reciprocity in Economic Games
- Authors
