Edin - Economic Democracy: The Cooperative Alternative

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Economic Democracy: The Cooperative Alternative
at
edX
Overview

Duration	38 hours
Start from	Start Now
Mode of learning	Online
Schedule type	Self paced
Difficulty level	Beginner
Official Website	Go to Website
Credential	Certificate

Economic Democracy: The Cooperative Alternative
at
edX
Highlights

Start instantly and learn at your own schedule.
Requires effort of 2-3 hours per week
A great course for learning Consumer Law
Learn from eminent faculty of University of Edinburgh

Economic Democracy: The Cooperative Alternative
at
edX
Course details

Skills you will learn

Bonds

What are the course deliverables?

Basic economics of firms owned or controlled by their workers
The main issues relating to the long-term viability of cooperatives
Policies to promote a cooperative sector in a market economy

More about this course

What would happen if workers ran their own businesses? Would worker-managed firms make the same decisions as their capitalist counterparts? Could such an economy be efficient? What policies could be deployed to promote a cooperative sector?
This course will focus on these central questions as we discuss the internal impact of employee ownership; productivity, governance and management, as well as the external impact of employee ownership; spillovers for health, democracy, and the local economy.

Economic Democracy: The Cooperative Alternative
at
edX
Curriculum

Block 1. The internal impact of employee ownership: productivity, governance and management.

Block 2. The external impact of employee ownership: spillovers for health, democracy, and the local economy.

Block 3. Simple economic theory of the labour-managed firm. The Pangloss Theorem (if cooperatives are so wonderful, why arent there more of them?). Internal v. external financing.

Block 4. Long-term viability. Degeneration thesis and policies to counter it. Kibbutzim, Pacific plywood cooperatives, Mondragon. Performance bonds and wage-earner investment funds.

Block 5. Cooperativism in the finance sector (with a comparative international focus): building societies, credit unions, etc.

Block 6. Community renewables: economic democracy in action.