#### Featured | Democratic Firms

## Talk Slides about European ESOP

April 4, 2024 By admin

These are slides from a talk about the European ESOP (Employee Stock Ownership Plan) developed by the Institute for Economic Democracy in Ljubljana, Slovenia.

## Worker Cooperatives and other so-called “Cooperatives”

March 30, 2024 By admin

Most cooperative organizations today do not exemplify any cooperative activity; non-worker cooperatives do not represent any cooperative activity of the members since the only joint activity of the organization is carried out by employees. The idea that cooperatives are democratically governed does not apply to non-worker cooperatives (based on the employment relation) since the members are not choosing the managers or governors of their own activity but of the activity of the people working in the cooperative.

#### Featured | Development

## Marcora Law for Europe

January 19, 2022 By admin

There is a time-tested solution in Spain and Italy that provides liquidity to such enterprises in a democratic manner by establishing employee ownership schemes. The new source of liquidity is allowing unemployed workers to capitalize part of their unemployment insurance to invest in a new or existing enterprise where they will have a job.

## Comments on Universal Basic Income

June 1, 2020 By admin

This is a draft paper called “UBI: A Bad Idea Whose Time has Come?”. The income supplements supplied due to the coronavirus pandemic have put the UBI back on the policy agenda, so it is appropriate to re-examine the idea. Click here to download the paper.

#### Featured | Property Theory

## Less-Known Supporters of Workplace Democracy

June 30, 2021 By admin

his paper, published as an editorial in the Journal for Participation and Employee Ownership collects together extensive quotations and extracts from 19th and 20th century thinkers who were little-known for being supporters of workplace democracy.

## The “Ownership of the Firm” is a Myth (1975)

November 26, 2020 By admin

This paper was originally published in a journal: Ellerman, David. 1975. “The ‘Ownership of the Firm’ Is a Myth.” Administration and Society 7 (1 May): 27–42, and then we immediately reprinted in a collection of essays: Ellerman, David. 1975. “The ‘Ownership of the Firm’ Is a Myth.” In Organizational Democracy : Participation and Self-Management, edited by David Garson and Michael P. Smith. Beverly Hills CA: Sage Publications.

#### Featured | Quantum Mechanics

## A Pedagogical Model of Quantum Mechanics Over Sets

April 9, 2024 By admin

The new approach to quantum mechanics (QM) is that the mathematics of QM is the linearization of the mathematics of partitions (or equivalence relations) on a set. This paper develops those ideas using vector spaces over the field Z2 = {0.1} as a pedagogical or toy model of (finite-dimensional, non-relativistic) QM.

## New Logic & New Approach to QM

March 17, 2024 By admin

The new logic of partitions is dual to the usual Boolean logic of subsets (usually presented only in the special case of the logic of propositions) in the sense that partitions and subsets are category-theoretic duals. The new information measure of logical entropy is the normalized quantitative version of partitions. The new approach to interpreting quantum mechanics (QM) is showing that the mathematics (not the physics) of QM is the linearized Hilbert space version of the mathematics of partitions. Or, putting it the other way around, the math of partitions is a skeletal version of the math of QM.

#### Featured | Mathematics

## New Logic & New Approach to QM

March 17, 2024 By admin

The new logic of partitions is dual to the usual Boolean logic of subsets (usually presented only in the special case of the logic of propositions) in the sense that partitions and subsets are category-theoretic duals. The new information measure of logical entropy is the normalized quantitative version of partitions. The new approach to interpreting quantum mechanics (QM) is showing that the mathematics (not the physics) of QM is the linearized Hilbert space version of the mathematics of partitions. Or, putting it the other way around, the math of partitions is a skeletal version of the math of QM.

## Heteromorphic Approach to Adjunctions

January 18, 2024 By admin

Saunders Mac Lane famously remarked that “Bourbaki just missed” formulating adjoints in a 1948 appendix (written no doubt by Pierre Samuel) to an early draft of Algebre–which then had to wait until Daniel Kan’s 1958 paper on adjoint functors. But Mac Lane was using the orthodox treatment of adjoints that only contemplates the object-to-object morphisms[Read More…]