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Rethinking public ownership and participation

Bibliographic Data

ID12428140
AuthorsAndrew Cumbers (0000-0002-9876-5241, University of Glasgow, corresponding author), Robert Mcmaster (0000-0001-7114-9871, University of Glasgow)
EditorsTae‐hee Jo (0000-0002-0242-024X)
Year2012
Volume20
Issue3
Pages172-181
Publication date2012-08-10
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueOn the Horizon The International Journal of Learning Futures (JOURNAL)
Journal identifiersISSN: 1074-8121 • E-ISSN: 2054-1708
PublisherEmerald Publishing Limited (PUBLISHER • GB)
DOI10.1108/10748121211256775
OpenAlexW2096290003
LanguageEN
Citations received1
References cited13

Purpose This paper seeks to challenge the simplistic formulation of public ownership in terms of centralized planning and state bureaucracy. Instead, drawing on the works of Dewey and Veblen the paper aims to argue that public ownership is a critical aspect of forging progressive change through enhancing democratic participation in economic decision making. Design/methodology/approach The paper presents a conceptual analysis of public ownership types and employs case examples to further illuminate the argument. Findings The conceptual analysis challenges the supposition of market superiority in standard economic approaches and in neoliberalism. Drawing from the instrumental valuation principle a wide corpus of public ownership modes can offer the prospect of enhanced democratic participation that challenges existing power structures. Originality/value By emphasising the association between ownership and democracy the paper challenges the assumption that markets necessarily offer the only route to democratic participation. It also identifies and challenges the market fundamentalism of standard economic approaches

Bureaucracy · Democracy · Economics · Law and economics · Neoclassical economics · Neoliberalism (international relations · Originality · Political economy · Political science · Politics · Positive economics · Social science · Sociology · Valuation (finance · Value (mathematics · Veblen good · Housing, Finance, and Neoliberalism · Law · Political Economy and Marxism · Accounting

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Unique citing works1
Citations per year0,11
Citation span2017 - 2017 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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