At a time of rapid change in Central and Eastern Europe, there is widespread interest in alternative forms of market economy. What are the economic consequences of different forms of
institution? Is it possible to combine the best features of capitalism with the best features of socialism? The first part of the volume examines the idea of 'Agathotopia' - not utopia, but a
good place - put forward by James Meade, the recipient of the Nobel Prize, in whose honour this book was written. Among the topics investigated is whether a labour-capital partnership would
allow full employment to be reached. Later chapters deal with worker participation and economic democracy, including the Yugoslav experience. What can be learned from and by the transforming
socialist economies? The final chapters consider partner-ship at macro- and micro-levels, considering co-operative macroeconomic policies and the household as a reproductive partnership.
