Question
Review questions and two student's replies about productions and costs, and tell me what you think of these. If you agree with them, what's your
Review questions and two student's replies about productions and costs, and tell me what you think of these. If you agree with them, what's your suggestion or your point? Explain. (Note: No need to answer the optional questions below. If you think it need, you can answer)
Reference:
Replies: https://www.coursehero.com/u/file/138609141/Replies-of-Productions-and-Costsdocx/
Questions:
In her article, "Co-op Economics", Nancy Folbre proposes a dramatically different power structure at the level of the individual firm, with workers democratically controlling the enterprises where they work.
a.) Why do she and other contributors think that this alternative structure could be desirable for workers and for society by comparing cooperative firms and capitalist firms. b.) If it is so desirable, give reasons cited from the readings and videos why it is not more common? Video and article sources include: video: "Workers to Owners: The Story of A Child's Place"; video: "Noam Chomsky - Worker-Owned Enterprises"; "Why the U.S. Needs More Worker-Owned Companies". When citing reasons give author and location of the idea by putting the name of the author and location of the idea in parentheses. For example, (Chomsky, 2 min., 15sec) or (Folbre, paragraph 3). c.) If the worker-owners of a co-operative firm work hard building their co-op and end up earning zero economic profit for the year, would this be considered a failed co-operative business to an economist? Why or why not?
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