What do you think would be advantages of labor-managed firms, Macroeconomics

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What do you think would be advantages of labor-managed firms

Problem

1. In what ways does reliance on the labor theory of value create a problem for the allocation of natural resources?

2. What do you think would be the advantages of labor-managed firms of the kind that operated in the former Yugoslavia? The disadvantages?

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Macroeconomics: What do you think would be advantages of labor-managed firms

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Macroeconomics: What do you think would be advantages of labor-managed firms

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