On to the second part of Doug's question. He asks:
> Relatedly, are there any Marxian theories of the firm?
Several of them, or rather, several takes on the central idea that
firms serve as the primary arena of capitalist class conflict and
exploitation. Strategic aspects underlying Marx's
>Posted on 12 Sep 1994 at 11:15:13 by Uriacc Mailer (002033)
>
>Broken vows & Coase
>
>Date: Mon, 12 Sep 1994 08:14:01 -0700
>Reply-To: [EMAIL PROTECTED]
>From: Doug Henwood <[EMAIL PROTECTED]>
>
>Well the vote was 10-0 for me to unzip my lips. I'll ce
This is sort of up my alley, so I'll take a stab at Doug's two questions. (1)
By itself, the transaction cost explanation for the firm is not too bad,
although it has been overlaid with a particular theory of transaction costs;
i.e. Oliver Williamson's view that deterring opportunism (lazy worker
> Actually I think I asked this question some time ago, but don't recall
> getting much in the way of answers. Do PEN-Lers have, or know of, any
> critiques of Coase's theorem of why firms exist? Relatedly, are there any
> Marxian theories of the firm?
>
Coase argued that firms arise becau
Doug's question was a central part of my book: Information, Social Relations,
and the Economics of High Technology.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 916-898-5321
916-898-6141 messages
E-Mail [EMAIL PROTECTED]
RE: Doug's query on why firms exist
Marglin's "What Do Bosses Do" RRPE Summer 1974 may be relevant.
Brian Eggleston
Doug he asked:
> Do PEN-Lers have, or know of, any
>critiques of Coase's theorem of why firms exist? Relatedly, are there any
>Marxian theories of the firm?
One relevant item that comes to mind is an interesting piece by Axel
Leijonhufvud, which commends both Smith and Marx for having a lot
mo
Well the vote was 10-0 for me to unzip my lips. I'll celebrate the
occasion by asking a question instead of issuing a pronunciamento.
Actually I think I asked this question some time ago, but don't recall
getting much in the way of answers. Do PEN-Lers have, or know of, any
critiques of Coase'
