Commentary

The Seller’s Last Question: What Happens to the Employees?

Capitalism,Commentary,Commerce,Economics and Surplus Allocation,Foundations and Philosophy,Governance and Structure 485

Reference code: C26-05 La-Z-Boy, Foreign Competition, and the Succession-Planning Case for a CCE When the owner of a successful manufacturing company begins planning for succession, the discussion quickly acquires its own vocabulary. The advisers speak of valuation, financing, taxes...

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Commons Capitalism and the Reintroduction of a Keystone Species

Commentary,Enterprise Theory,Foundations and Philosophy,Governance and Structure,Law and Regulation 483

Reference code: C26-04 One of the clearest ways to understand Commons Capitalism is not through the ordinary political categories of “capitalism,” “socialism,” or “mixed economy,” but through ecology. More specifically, Commons Capitalism can be understood as the reintroduction of a missing...

Worker Democracy, Beneficiary Capture, and Intergenerational Stewardship in Commons Capitalism

Commentary,Cooperatives,Economics and Surplus Allocation,Enterprise Theory,Governance and Structure,Labor and Workplace 536

Reference code: C26-03 Commons Capitalism may incorporate worker representation within governance structures, but Commons Capitalism cannot permit any present beneficiary class, including current workers, to exercise decisive control over surplus allocation. This position is often misunderstood...

Calvinism, Capitalism, and Commons Capitalism: Moral Legitimacy, Surplus, and the Politics of Accumulation

Capitalism,Commentary,Economics and Surplus Allocation,Enterprise Theory,Foundations and Philosophy 754

Reference code: C26-02 One of the most important historical contributions of Calvinism to capitalism was not merely economic discipline or work ethic. The deeper contribution was moral legitimacy. Calvinist moral psychology helped construct a framework through which private accumulation could be...

Why Commons Capitalism Took So Long to Emerge

Capitalism,Commentary,Enterprise Theory,Foundations and Philosophy,Governance and Structure 972

Reference code: C26-01 Most people assume that, if an idea is sound, someone would have built it already. Commons Capitalism invites that assumption because the core concept is simple: keep markets and competition, but forbid private capture of surplus. If that is all it is, why did it not show up...

A Keynesian Critique of Commons Capitalism

Capitalism,Commentary,Economics and Surplus Allocation,Enterprise Theory,Foundations and Philosophy,Governance and Structure 1126

Reference code: C25-20 Why Keynes Would Pay Attention John Maynard Keynes would not have approached Commons Capitalism as a moral manifesto. He would have approached it as a machine: Does it keep employment high, keep investment steady, and keep the economy from falling into avoidable slumps? From...

Commons Capitalism and Ixtlán as “Market Enterprise Without Private Residual Claimants”

Commentary,Economics and Surplus Allocation,Enterprise Theory,Governance and Structure 1070

Reference code: C25-19 Ixtlán de Juárez is an Indigenous community in Oaxaca, Mexico, frequently discussed as an example of a high-functioning communal commons that operates sophisticated market-facing enterprises. The community is widely associated with community forestry and with operating...