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Gramsci and the Labor-Managed Firm

Department of Economic Theory and Applied Economics, University of Naples "Federico ," 16, via Mezzocannone, 80132, Napoli, Italy, bruiossa{at}unina.it

According to Antonio Gramsci, workers' councils were transitional institutions expected to carry on business in a market economy and thereby prepare the ground for the revolution. However, upon seizing power, workers were expected to establish a centrally planned system and, hence, to renounce autonomous firm management. Finding fault with this approach, the author upholds modern labor management theory, in which Vanek's LMF-type firms are looked upon as socialist firms operating in a market economy.

Key Words: labor-managed firms • socialism • Gramsci • Ward and Vanek

This version was published on March 1, 2009

Review of Radical Political Economics, Vol. 41, No. 1, 5-22 (2009)
DOI: 10.1177/0486613408324421


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