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

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.

Towards Abolishing the Renting of Persons

This paper is a write-up of a speech given in 2017 at a centennial ‘celebration’ of the 1917 Russian Revolution at the Haus der Kunst in Munich.

Conceptual Errors in the Arrow-Debreu Model

The highly mathematical nature of the Arrow-Debreu and other similar models of general equilibrium hide rather than elucidate the nature of equilibrium in a private property market economy where all factors of production may be purchased or rented.

The Logical Theory of Canonical Maps

The purpose of this paper is to show that the dual notions of elements & distinctions are the basic analytical concepts needed to unpack and analyze morphisms, duality, and universal constructions in the Sets, the category of sets and functions.

Negation and Implication in Partition Logic

Our purpose in this paper is to explore the notions of negation and implication in that other mathematical logic of partitions.

Probability Theory with Superposition Events

In finite probability theory, events are subsets S⊆U of the outcome set. Subsets can be represented by 1-dimensional column vectors. By extending the representation of events to two dimensional matrices, we can introduce “superposition events.”

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.

Comments on Universal Basic Income

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 draft paper.

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.

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.