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The hardships of the Second World War and the communist takeover of Eastern Europe instilled in Jaroslav a lifelong desire to make the world a better place, including at first social justice and eradication of poverty, and later protection of the environment and development of renewable energy. Whil...

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Bibliographic Details
Published inJournal of participation and employee ownership (Online) Vol. 3; no. 2/3; pp. 89 - 92
Main Author Jones, Derek C
Format Journal Article
LanguageEnglish
Published Bingley Emerald Group Publishing Limited 01.01.2020
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Summary:The hardships of the Second World War and the communist takeover of Eastern Europe instilled in Jaroslav a lifelong desire to make the world a better place, including at first social justice and eradication of poverty, and later protection of the environment and development of renewable energy. While the four essays in this issue will examine and assess some of that body of work, two central features of Jaroslav's belief system were that: (1) all current economic systems were characterized by the absence of political and economic self-determination and thus in a state of disequilibrium; (2) in turn, this disequilibrium must lead to societies evolving toward self-managed economic systems [2]. [...]Vanek's work played a pivotal role in helping to establish the area as an important subfield within economics. [...]from the get-go he was always uncomfortable with the maintained assumption in Vanek's work (notably Vanek, 1970) that LMFs maximize income per worker. [...]began a quest by Dow to reconstitute the theory of the LMF with new foundations.
ISSN:2514-7641
2514-765X
DOI:10.1108/JPEO-12-2020-028