The Fundamental Institutions of Capitalism

Screpanti, Ernesto

doi:10.4324/9780203453384

Cited by 46 publications

(17 citation statements)

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“…Ellerman (1992) expounds a view based on a natural rights theory of property. Screpanti (2001) develops a Marxist formulation. Marx is also considered a precursor of the competence-based theory of the firm (Hodgson 1998).…”

Section: The Subsumption and Subordination Of Labourmentioning

confidence: 99%

4. Values and Prices

Screpanti¹

2019

Labour and Value

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The sphere of circulation or commodity exchange, within whose boundaries the sale and purchase of labour-power goes on, is in fact a very Eden of the innate rights of man. It is the exclusive realm of Freedom, Equality, Property and Bentham. Freedom, because both buyer and seller of a commodity, let us say, of labour-power, are determined only by their own free will. They contract as free persons, who are equal before the law. Their contract is the final result in which their joint will finds a common legal expression. Equality, because each enters into relation with the other as with a simple owner of commodity, and they exchange equivalent for equivalent. Property, because each disposes only of what is his own. And Bentham, because each looks only to his own advantage […]. And precisely for that reason, either in accordance with the preestablished harmony of things, or under the auspices of the omniscient providence, they all work together to their mutual advantage, for the common weal, and in the common interest. When we leave this sphere of simple circulation or the exchange of commodities, which provides the 'free-trader vulgaris' with his views, his concepts and the standard by which he judges the society of capital and wage-labour, a certain change takes place, or so it appears, in the physiognomy of our dramatis personae. He who was previously the money-owner now strides out in front as a capitalist; the possessor of labour-power follows as his worker. The one smirks self-importantly and is intent on business; the other is timid and holds back, like someone who has brought his own hide to market and now has nothing else to expect but a tanning.

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Section: The Subsumption and Subordination Of Labourmentioning

confidence: 99%

4. Values and Prices

Screpanti¹

2019

Labour and Value

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“…Для повышения эффективности функционирования данной системы со стороны регуляторов необходимо изучение всей картины институциональной комплементарности при выполнении макроэкономических реформ (Boyer, 1995). В частности, анализируя французский рынок труда, Скрепанти отмечает, что долгосрочные трудовые договоры не только препятствуют гибкости рынка труда, но и играют определенную роль в определении стимулов для накопления навыков на индивидуальном уровне, не говоря уже о позитивном воздействии на уровень общественной безопасности (Screpanti, 2001); следовательно, введение более гибкого подхода к труду (т.е. отсутствие гарантий занятости) может поставить под угрозу способ формирования навыков, который поддерживает производственный режим конкретной страны.…”

Section: обзор современной литературы по комплементарностиunclassified

Complementarities Between Institutional and Organizational Change in the Context of Academic Reorganization

Volchik¹,

Savko²,

Maskaev³

2018

JIS

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“…At the opposite extreme is the artisan system, whereby production knowledge is mastered holistically by the artisan. Critical economic approaches have analyzed the limitations of extreme specialisation and fragmentation, stressing, for example, phenomena of alienation and disconnection between the individual and its job task, which occur when production governance deprives workers of a comprehensive learning experience (Marglin 1974;Adaman and Devine 2001;Screpanti, 2001;Sacchetti, 2004).…”

Section: 12knowledge Authority and Exclusive Structuresmentioning

confidence: 99%

The Institutions of Governance. A Framework for Analysis

Sacchetti

Catturani

2017

SSRN Journal

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Production governance is not detached from the effects it produces. This paper suggests a framework to assess coordination structures and mechanisms in terms of their ability to include the publics and their interests, and to generate socioeconomic value consistently with those interests. To this end, the framework considers a combination of resource integration mechanisms (contract, authority, cooperation) and structures (markets, exclusive organisational structures, and inclusive organisational structures). These combinations are analysed along key features: information, knowledge sharing ad cocreation, involvement and empowerment, as well as alongside some specific functions of governance (legitimacy, cognition, interdependence). The value added is in identifying criteria for appreciating diverse ways of integrating and coordinating resources, and the associated effects, thus providing both scholars and practitioners with a tool to discriminate amongst alternatives.

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The Fundamental Institutions of Capitalism

Cited by 46 publications

References 0 publications

4. Values and Prices

4. Values and Prices

Complementarities Between Institutional and Organizational Change in the Context of Academic Reorganization

The Institutions of Governance. A Framework for Analysis

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