Oppenheimer's Circumspection

6 Pages Posted: 8 Jun 2016

Date Written: June 5, 2016

Abstract

The future of communal settlements is discussed, in terms of economic calculation models. Cooperative communities will regain socio-economic significance, especially in our very critical time of deep economic crisis and psychological uncertainty. However, we should build our communal projects on the time-tested experience of Oppenheimers' circumspection, that is a transformative formula for human economic co-operation. The research direction of emancipatory economics is a reform tool to achieve higher living standards and self esteem for the majority of working people in capitalist societies.

Keywords: communal settlements, transformation law, cooperative economics, calculation models, deep economic crisis

JEL Classification: B41

Suggested Citation

Ternyik, Stephen I., Oppenheimer's Circumspection (June 5, 2016). Available at SSRN: https://ssrn.com/abstract=2790465 or http://dx.doi.org/10.2139/ssrn.2790465

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