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.
Nancy MacLean’s Book and James Buchanan
Nancy MacLean’s book, Democracy in Chains, raised questions about James M. Buchanan’s commitment to democracy. This paper investigates the relationship of classical liberalism in general and of Buchanan in particular to democratic theory. Contrary to the simplistic classical liberal juxtaposition of “coercion vs. consent,” there have been from Antiquity onwards voluntary contractarian defenses of non-democratic […]
Classical Liberalism and Workplace Democracy
This is a paper coauthored by Tej Gonza for the European Liberal Forum, the foundation associated with the Lib-Dem parties of the EU in the EU Parliament. It explores the support for workplace democracy given by democratic classical liberals such as Tocqueville, Mill, Dewey, and Buchanan.
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
Interview at Norwegian Thinktank Manifest (English trans.)
English translation of June 2018 interview at Oslo think-tank Manifest.
Worker Cooperative as an Employee Ownership Fund
This paper shows how a worker cooperative can serve as an ESOP-like employee-ownership vehicle to make a partial or total buyout of a conventional company.
Some Less Well-Known Supporters of Workplace Democracy
This is a collection of likenesses or pictures and some representative quotations of a number of less well-known supporters (all dead white men) of workplace democracy.
Alleged Problems in Labor-Managed Firms
This paper will discuss two problems that have plagued the literature on the Ward-Domar-Vanek labor-managed firm (LMF) model, the perverse supply response problem and the Furubotn-Pejovich horizon problem.