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Nonprofit Organizations in a Market Economy: Understanding New Roles, Issues, and Trends

David Hammack and Dennis R. Young, eds. (Jossey-Bass Publishers, 1993)

This book provides an in-depth look at how market forces affect nonprofit organizations and suggests strategies for their survival and prosperity in a market economy. It explores the various ways in which nonprofits participate in the market economy, reviewing various theoretical justifications of the sector. It examines the role nonprofit organizations play in providing services within particular industries; explores the participation of nonprofits in markets for resources they require in order to operate, especially labor and capital; and focuses on the relationship between nonprofit organizations and businesses, revealing how management practices and principles transfer between these sectors. Links the nature of nonprofits as economic entities to constitutional protections of diverse viewpoints in a civil, democratic society. Starting with the notion of a mixed economy, the 14 chapters discuss the consequences of market influences on the purposes, functions, and outcomes produced by nonprofit organizations, as well as the process involved. In their overview chapter, the editors highlight the themes of the book: cooperation and competition among nonprofits as part of the organizational ecology in the United States (Part One), resources with an emphasis on market factors of labor and capital (Part Two), connections between the business and nonprofit sectors (Part Three). Since the authors come from a variety of disciplines and research interests, their approaches range from a historical essay on the interrelationship between emergent nonprofit organizations and our corporate state in the first half of the twentieth century, to technical analyses such as “User-Oriented Marketing for Nonprofit Organizations” and investment decisions by foundations; the chapters present a reasonable selection of current issues facing various nonprofits, including profit making by nonprofit hospitals and business involvement in education. Hardcover, 480 pages, $45.95

 
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