Incentives, Efficiency, and Social Control: The Case of The Kibbutz

Haim Barkai
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Haim Barkai: Hebrew University

Chapter 13 in Public and Private Enterprise in a Mixed Economy, 1980, pp 233-249 from Palgrave Macmillan

Abstract: Abstract Material incentives have been identified as the dominant motivating force of economic activity in Adam Smith’s felicitous dictum on the subject: ‘In civilized society [man] stands at all times in need of the co-operation and assistance of great multitudes … it is vain for him to expect it from their benevolence only. He will be more likely to prevail if he can interest their self-love in his favour, and show them that it is for their own advantage to do for him what he requires of them’ (Smith, 1937, p. 14).

Keywords: Capital Stock; Total Factor Productivity; Marginal Product; Informal Social Control; Factor Allocation (search for similar items in EconPapers)
Date: 1980
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DOI: 10.1007/978-1-349-16394-6_25

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