Commentary
Reference code: C25-15 This commentary is one of a two-part set of commentaries that examines worker precarity in down economies. What “Reserves and Funds” Mean in Practice Reserves and internal funds reduce precarity only when they operate as pre-positioned commitments rather than...
Reference code: C25-05 Introduction and Core Function The design of a nonprofit enterprise without members or shareholders that distributes decision authority across multiple centers and treats net profits as stewarded surplus produces a distinctive institutional model. The structure differs from...
Reference code: C25-04 Commons Capitalism Entities, or CCEs, present a deliberate redesign of firm incentives and ownership structure. Rather than permitting outside investors or executives to extract surplus, these entities hold surplus in an internal commons structure and allocate it primarily to...
Reference code: C25-03 To understand Commons Capitalism it helps to begin with a compact analytic sketch of capitalism and then compare that overview directly to the concrete institutional choices of Commons Capitalism (CC). Doing so shows what CC preserves, how it reconfigures key relationships...
Reference code: C25-02 Commons Capitalism reframes how businesses capture and distribute economic surplus. It’s neither a return to laissez-faire shareholder capitalism nor a revival of worker cooperatives; instead, it proposes a third institutional form designed to anchor corporate surplus within a...
Reference code: C25-01 Economist Richard Wolff has proposed replacing traditional corporations with workers’ cooperatives (“coops” for short). More specifically, he advocates for Workers’ Self-Directed Enterprises (WSDEs). These organizations aim to distribute wealth, particularly net profits...
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