Featured | Democratic Firms
COVID-19 Aid to Promote Employee Ownership
The premise of this paper is that state aid to distressed companies should benefit not only the current owners but also the employees, who are the ones taking personal risks to continue or restart companies.
Reclaiming Democratic Classical Liberalism
The argument shows that the classical liberal endorsement of sovereign individuals acting in the marketplace generalizes to the joint action of individuals as the principals in their own organizations and associations.
Featured | Development
Worker Ownership and the Current Crisis
There are so many crises these days (coronavirus, global warming) that this paper seems already out of date since we are referring to the crisis caused by the neoliberal post-socialist transition policies in East Europe and elsewhere in the post-socialist world.
Panopticon vs. McGregor’s Theory Y
This paper is part of a larger project to better understand the limitations of the economic theory of agency and incentives. The economic approach focuses on extrinsic incentives whereas a better understanding of human organization requires an understanding of intrinsic motivation and the complementary or substitutive relationships with extrinsic motivation.
Featured | Property Theory
Fallacies of Corporate Analysis
Our goal is to analyze a miscellany of fallacies concerning the Citizens United case, corporate personhood, the stakeholder theory, the affected interests principle, and finally ending with the deeper fallacies concerning the rights of capital that are embedded in the conventional economic theories of capital and corporate finance.
The Case for Workplace Democracy
“In Chapter 11, David Ellerman offers a theoretical justification for a form of workplace democracy. He argues that a philosophical defence of workers’ control of workplaces and the products of their labour is possible outside of the lineage of Marxist and communist theory.” [Editor’s introduction] Amen
Featured | Quantum Mechanics
New Light on the Objective Indefiniteness or Literal Interpretation of QM
This paper shows how the mathematics of QM is the math of indefiniteness and thus, literally and realistically interpreted, it describes an objectively indefinite reality at the quantum level. In particular, the mathematics of wave propagation is shown to also be the math of the evolution of indefinite states that does not change the degree of indistinctness between states. This corrects the historical wrong turn of seeing QM as “wave mechanics” rather than the mechanics of particles with indefinite/definite properties.
Talk: Hamming distance in classical and quantum logical information theory
This is a set of slides from a talk on introducing the Hamming distance into classical logical information theory and then developing the quantum logical notion of Hamming distance–which turns out to equal a standard notion of distance in quantum information theory, the Hilbert-Schmidt distance.
Featured | Mathematics
Extending All Boolean Operations to Partitions
The lattice operations of join and meet were defined for set partitions in the nineteenth century, but no new logical operations on partitions were defined and studied during the twentieth century. Yet there is a simple and natural graph-theoretic method presented here to define any n-ary Boolean operation on partitions. An equivalent closure-theoretic method is[Read More…]
Finding the Markets in the Math
This paper shows how to find competitive market prices in the pure mathematics of classical constrained optimization problems.
