An Alternative to Shareholder Value Creation: Subverting the Domination of Capitalist Exchanges through the Production of Uses and Common Pool Resources Management

作者: Bernard Paranque

Abstract Purpose This chapter reconsiders commonly held views on the ownership and management of private property, contrasting capitalist and simple property, particularly in relation to how a firm shareholder governance model has shaped society. This consideration is motivated by the scale and scope of the modern global crisis, which has combined financial, economic, social and cultural dimensions to produce world disenchantment. Methodology/approach By contrasting an exchange value standpoint with a use value perspective, this chapter explicates current conditions in which neither the state nor the market prevail in organising economic activity (i.e. cooperative forms of governance and community-created brand value). Findings This chapter offers recommendations related to formalised conditions for collective action and definitions of common guiding principles that can facilitate new expressions of the principles of coordination. Such behaviours can support the development of common resources, which then should lead to a re-appropriation of the world. Practical implications It is necessary to think of enterprises outside a company or firm context when reflecting on the end purpose and means of collective, citizen action. From a methodological standpoint, current approaches or studies that view an enterprise as an organisation, without differentiating it from a company, create a deadlock in relation to entrepreneurial collective action. The absence of a legal definition of enterprise reduces understanding and evaluations of its performance to simply the performance by a company. The implicit shift thus facilitates the assimilation of one with the other, in a funnel effect that reduces collective projects to the sole projects of capital providers. Originality/value Because forsaking society as it stands is a radical response, this historical moment makes it necessary to revisit the ideals on which modern societies build, including the philosophy of freedom for all. This utopian concept has produced an ideology that is limited by capitalist notions of private property.

2016-09-02·Critical Studies on Corporate Responsibility, Governance and Sustainability

Local Systems of Exchange in Kabylia: Economy of Reciprocity and Constraint of Traditions

作者: Bernard Paranque ; Belaïd Abrika ; Cécile Perret

Abstract Purpose In a period of moral and economic crisis all the alternative solutions to finance economic activities are interesting to study, specifically those embedded in solidarity practices. The nature of the ties (bonding ties, linking ties or bridging ties) and solidarities (institutional solidarity, formal or informal solidarity, intergenerational solidarity) must then be examined. Methodology/approach The exchanges between the people are governed by three different modes: the market, the redistribution and the reciprocity which acts to maintain the relation (Lavoue, Jezequel, & Janvier, 2010, p. 34). The exchanges are not only of economic order and also participate in the symbolic world. Our main question is: can the relations of exchange become emancipated from the reification? We illustrate this chapter with the case of the Kabylian traditional society and market (Benet, 1957–1975) where the practices of exchanges are not only of economic order (redistribution …) but also matter with the symbolic world (honour). Findings Even today, in Kabylia, the survival of an ancestral social organisation (tajmaat) which has anchored in tradition and rooted values (tirugza) and practices (tiwiza) sometimes allows the local populations to offer the missing public goods or the solidarity towards those who need help (elders, orphans). Originality/value In traditional Kabyle society, exchange practices are not only economic in nature (they contribute to mutual assistance, redistribution, etc.), but are also symbolic.

100 项与 Euromed Management – School of Management and Business 相关的药物交易

登录后查看更多信息

100 项与 Euromed Management – School of Management and Business 相关的转化医学

登录后查看更多信息