Self-management: is it postmodernist?

Abstract

Conceptions of self-management and the labor managed firm (LMF) have not been well received by economists. They have, however, proved to be a continuing (though minority) interest in the socialist movement from Marx onwards. Prychitko claims that by examining the humanist side of Marx, a socialist case can be made both for the LMF and markets in a postmodern world. Such a case rests upon an assumption that self-management confers competitive advantage by enhancing information sharing (increasingly important in postmodern conditions). The case, though interesting, is not yet made