“…In this socio-economic and political system the ownership of the principal economic means of production is vested in the collectivity of consumers and managed by representatives of both consumers and producers in association with the State. It is much more revolutionary than State socialism, which goes no further than to transfer undertakings previously owned by private persons to ownership and control by public authorities (Lavergne, 1972).…”
Section: The Emergence and Impact Of Guyana's Cooperative Socialismmentioning
“…In this socio-economic and political system the ownership of the principal economic means of production is vested in the collectivity of consumers and managed by representatives of both consumers and producers in association with the State. It is much more revolutionary than State socialism, which goes no further than to transfer undertakings previously owned by private persons to ownership and control by public authorities (Lavergne, 1972).…”
Section: The Emergence and Impact Of Guyana's Cooperative Socialismmentioning
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