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Cooperation rather than competition in industrial organisations: Albion W. Small’s underestimated view

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  • Guillaume Vallet

Abstract

This article aims to present Albion W. Small’s underestimated view on labour relations in industrial organisations. A century ago, this sociologist, who also had a grounding in political economy, analysed the transformation of capitalism through a focus on the relationship between workers and capitalists. He offered some interesting proposals, stressing the need for the two factors of production to cooperate instead of competing. His approach may still be insightful today in rethinking the forthcoming challenges facing industrial organisations as well as capitalism, especially regarding the ontological nature of a firm associated with its governance issue.

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  • Guillaume Vallet, 2017. "Cooperation rather than competition in industrial organisations: Albion W. Small’s underestimated view," Business History, Taylor & Francis Journals, vol. 59(3), pages 453-470, April.
    • Handle: RePEc:taf:bushst:v:59:y:2017:i:3:p:453-470
    DOI: 10.1080/00076791.2016.1205035
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    References listed on IDEAS

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    1. Neal,Larry & Williamson,Jeffrey G. (ed.), 2015. "The Cambridge History of Capitalism 2 Volume Paperback Set," Cambridge Books, Cambridge University Press, number 9781107584594, January.
    2. Neal,Larry & Williamson,Jeffrey G. (ed.), 2015. "The Cambridge History of Capitalism," Cambridge Books, Cambridge University Press, number 9781107583351, January.
    3. Neal,Larry & Williamson,Jeffrey G. (ed.), 2015. "The Cambridge History of Capitalism," Cambridge Books, Cambridge University Press, number 9781107583283, January.
    4. Small, Albion, 1907. "Adam Smith and Modern Sociology," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number small1907.
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