Labor theory of property and predistribution

This is the online-first publication in Challenge: The Magazine of Economic Affairs of an article on the labor theory of property showing the superficiality of the inequality-debate framing in terms of distribution (i.e., how much is distributed by a firm to labor versus capital) in favor of a framing in terms of what is now called “predistribution”–in this case the question of who is to be the firm in the first place, Capital or Labor.

Review of Erik O. Wright’s Envisioning Real Utopias

I rarely review books and almost never books by Marxists. However, in order to comment on a presentation at a conference, I decided to write up my extensive comments in the form of a book review of Erik Olin Wright’s Envisioning Real Utopias.

Review of Dahl’s Preface to Economic Democracy

This is my review in Commonweal of Robert A. Dahl’s 1985 book Preface to Economic Democracy shortly after it was published.

Straddler interview and video

This is the text and edited video of an interview with The Straddler in January 2016 entitled: Against the Renting of Persons.

Reply to Commentators on Labor Theory of Property

My paper on marginal productivity theory and the labor theory of property in the on-line journal Economic Thought drew commentaries for Jamie Morgan and Ted Burczak. After some back and forth on the journal’s discussion forum, this Reply to Commentators paper was published as an article in the journal.

Labor theory of property and Marginal productivity theory

This is a reprint from the journal Economic Thought of a paper on the labor theory of property and the neoclassial theory of marginal productivity.

On Vectorial Marginal Products and Modern Property Theory

When proposing some unorthodox theory, like the modern labor theory of property, orthodox economists always say: “Show me the math!” Well, here it is.

PBS Making Sen$e blog: The case for employee-owned companies

This is the “justice in production” argument in a nutshell posted on the PBS Making Sen$e website.

Classical Liberalism and the Firm

This is a scan of my chapter in the new book: Commerce and Community: Ecologies of Social Cooperation, edited by Robert F. Garnett, Paul Lewis, and Lenore T. Ealy. London: Routledge, 2015.

On the Renting of Persons: The Neo-Abolitionist Case Against Today’s Peculiar Institution

To answer the “best case” voluntary-contractarian arguments for slavery and autocracy, the democratic and antislavery movements forged arguments not simply in favor of consent but arguments that voluntary contracts to legally alienate aspects of personhood were invalid “even with consent”—which made the underlying rights inherently inalienable. Once understood, those arguments have the perhaps “unintended consequence” of ruling out today’s self-rental contract, the employer-employee contract.