Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/189164 
Year of Publication: 
1992
Series/Report no.: 
Queen's Economics Department Working Paper No. 840
Publisher: 
Queen's University, Department of Economics, Kingston (Ontario)
Abstract: 
The paper briefly summarizes those arguments which explain the paucity of workers' cooperatives under capitalism in terms of their financing arrangements. The possibility is considered that a wage-earners' investment fund, of Scandinavian type, could act as an external funding agency for a 'cooperative sector' within a capitalist economy. A simple model is developed of such an economy with a fund in place. The dynamics of the model are analyzed and a number of simulation results reported. These results indicate the economic costs and consequences of various policies which such a fund might pursue.
Document Type: 
Working Paper

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