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Cooperatives have often been viewed as organizations that are fundamentally different from conventional companies. This book redefines cooperatives as business organizations comparable to companies and examines their functional characteristics compared with companies, with the aim of enhancing their market compatibility and facilitating their integration into the market system.   Kazuhiko Mikami is one of the world's leading experts on cooperative firms.  In this masterful book, he examines firms controlled by consumers, workers, and suppliers, showing how they differ from capitalist...

The book conducts a comparative study on the form of enterprise, focusing on broadly defined cooperative firms in comparison with conventional capitalist firms. It explores the essential advantages and disadvantages of the different types of firms and attempts to answer why capitalist firms are so prevalent in our economy. The book attempts to explain these questions from the viewpoint of "market failure" in the framework of standard microeconomic theory. In this analytical framework, it proposes an alternative system of business organization based upon consumer cooperatives and the market...

This book conducts a comparative study on the form of enterprise, focusing on broadly defined cooperative firms in comparison with conventional capitalist firms. It explores the essential advantages and disadvantages of the different types of firms and attempts to answer why capitalist firms are so prevalent in our economy.