Media Coverage

Book review of The Cooperative Economy: A Solution to Societal Grand Challenges

In a book review published at the Administrative Science Quarterly, Professor Gerry George discusses Dovev Lavie's book The Cooperative Economy, noting: "The Cooperative Economy lays out a thought-provoking alternative to the capitalistic economic model. The book advocates a new economic model predicated on an ethical, community-driven exchange system that relies on collective action to promote societal values. Readers who are interested in Nobel laureate Elinor Ostrom’s work on governing the commons and the design principles behind the organization of collective action will find similar themes and inspiration for how prosocial behavior and cooperation can underpin a fairer, market-based economy. The Cooperative Economy provides new areas for research for organization theorists, who can dig deeper into the organizational design innovations that are pre-conditions to fostering collaboration among market actors. Lavie raises a big “what if”—what would be different if we move from self-interest to collective interest as the guiding assumption of human behavior? The insights on how we could experiment with our platform businesses to yield social and economic outcomes are a core contribution. Lavie brings complex ideas together well and provides a radical solution. The book brims with idealism and projects prosocial behavior as the panacea for capitalistic failures. Can we design and build a better economic system? Lavie makes us reflect: Why not?" The full review is available here: https://journals.sagepub.com/doi/epub/10.1177/00018392241283816

In a book review published at the Administrative Science Quarterly, Professor Gerry George discusses Dovev Lavie’s book The Cooperative Economy, noting: “The Cooperative Economy lays out a thought-provoking alternative to the capitalistic economic model. The book advocates a new economic model predicated on an ethical, community-driven exchange system that relies on collective action to promote societal values. Readers who are interested in Nobel laureate Elinor Ostrom’s work on governing the commons and the design principles behind the organization of collective action will find similar themes and inspiration for how prosocial behavior and cooperation can underpin a fairer, market-based economy. The Cooperative Economy provides new areas for research for organization theorists, who can dig deeper into the organizational design innovations that are pre-conditions to fostering collaboration among market actors. Lavie raises a big “what if”—what would be different if we move from self-interest to collective interest as the guiding assumption of human behavior? The insights on how we could experiment with our platform businesses to yield social and economic outcomes are a core contribution. Lavie brings complex ideas together well and provides a radical solution. The book brims with idealism and projects prosocial behavior as the panacea for capitalistic failures. Can we design and build a better economic system? Lavie makes us reflect: Why not?”

The full review is available here: https://journals.sagepub.com/doi/epub/10.1177/00018392241283816