"Market contracting, as opposed to vertical integration, makes a virtue of treating the production process as a black box. When a firm decides to buy rather than make an input, all that matters is the contractually defined inputs and outputs; all questions of the efficiency with which inputs are used are 'outsourced' to the firm. And a contracting firm with its functions limited to one or a few stages of the production process, will have most production decisions made close to the shop floor— thereby greatly reducing its internal agency and information problems...the optimum is to integrate stages of production through market relations rather than hierarchy, and for each stage to be organized not merely as a firm, but as a worker cooperative in which those engaged in production, as residual claimaints, reap all the rewards of increased output." - Kevin Carson, ***Organization Theory: A Libertarian Perspective*** (2008) p. 178 https://we.riseup.net/assets/393760/Kevin+Carson+Organization+Theory+A+Libertarian+Perspective.pdf
#Agorism #Agorist #MarketAnarchism #MarketAnarchist #Libertarian #Antistate #Contract #VerticalIntegration #Hayek #CoOp #Cooperative #Quotestr
MoneRogue
npub1l7…gdtjt
2026-03-10 23:37:02 UTC
Author Public Key
npub1l7a3c46glyl7fpmgkjfmgytmdfrhdh3552h83hanw0lg09z3q4sqzgdtjtSeen on
wss://relay.damus.ioPublished at
2026-03-10 23:37:02 UTCEvent JSON
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"content": "\"Market contracting, as opposed to vertical integration, makes a virtue of treating the production process as a black box. When a firm decides to buy rather than make an input, all that matters is the contractually defined inputs and outputs; all questions of the efficiency with which inputs are used are 'outsourced' to the firm. And a contracting firm with its functions limited to one or a few stages of the production process, will have most production decisions made close to the shop floor— thereby greatly reducing its internal agency and information problems...the optimum is to integrate stages of production through market relations rather than hierarchy, and for each stage to be organized not merely as a firm, but as a worker cooperative in which those engaged in production, as residual claimaints, reap all the rewards of increased output.\" - Kevin Carson, ***Organization Theory: A Libertarian Perspective*** (2008) p. 178 https://we.riseup.net/assets/393760/Kevin+Carson+Organization+Theory+A+Libertarian+Perspective.pdf\n\n#Agorism #Agorist #MarketAnarchism #MarketAnarchist #Libertarian #Antistate #Contract #VerticalIntegration #Hayek #CoOp #Cooperative #Quotestr",
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