Introduction: What about the Workers?
- Overview: Against the Reductio Ad Corporationem
- Background
- Part I. Critical History of Power in the Firm: The Slow Transition of Work from the Private to the Public Sphere
- Part II. What Is a Firm?
- Part III. Looking to the Future: From Political Bicameralism to Economic Bicameralism
- Regaining Control of Global Finance Capitalism: “It’s the Corporation, Stupid!”
Part I Critical History of Power in the Firm: The Slow Transition of Work from the Private to the Public Sphere
- Stage One: The Workplace and Its Emergence from the Household
- About the Locus of Economic Activities
2. The Nineteenth and Twentieth Centuries: Workers’ Movements and the Invention of Collective Bargaining
- Work Enabling Participation in the Public Sphere
- Collective Bargaining Makes Waves, or the Limits of Economic Liberalism
3. The Twentieth Century and the Ambiguities of Institutional Innovations in the Capitalist Firm
- Options
- Participating in Management
- Comanagement
- Union Reactions
4. The Twenty-First-Century Service Economy is Bringing Work fully into the Public Sphere
- To Govern
Part II What Is a Firm?
5. Obsolete Vision: Instrumental Rationality as the Firm’s Sole Logic
- Economic Theory of the Firm
- The Firm as Instrument of the Capital Investor
- Work as Instrument Alone
- The Capital Investor as Optimal Guarantor of Instrumental Rationality
- Marxist Theory in Support of the Idea of Labor as Instrument
6. Foundations for the Political Theory of the Firm
A Substantive Account of the Firm: Two Rationalities Make a Firm
- Instrumental Rationality Sustained by Capital Investors in the Age of Global Finance
- Expressive Rationality: Moving Labor Investors in the Service-Based Economy
- Expressive Relationship to Work
- Public Character of Work
- Political Logic of Work
- Intuition of Democratic Justice
- Conclusion: The Firm as the Conjoining of Instrumental and Expressive Rationalities
A Descriptive Account of the Firm: Fundamental Dimensions
- Corporate Law and the Reductio ad Corporationem: Distinguishing the Firm from the Corporation
- Labor Law and Sociology: Recognizing the Institution in the Firm
- Organization of the Firm: Networked and Fissured
- Power: Authority, De Jure and De Facto Powers, Intra-Firm and Inter-Firm Relationships
- Incompleteness and Goal Setting: The Reconstructive Identification of the Firm, Its Investors, and Their Specific Interests
- The Firm as a Governed Polity, a Political Entity
- The Firm as a Political Actor, Externally
Part III Looking to the Future: From Political Bicameralism to Economic Bicameralism
7. Bicameral Moments: A Pivotal Institutional Innovation for Governments in Democratic Transition
- Ancient Origins: Rome
- Modern Reasons for Bicameral Legislature
- The Great Modern Example: The British Compromise
- Condition of Legitimate Government
- Condition of Reasonable Government
- Condition of Intelligent Government
8. Analogy: The Executive of the Firm Answering to a Two-Chamber Parliament
- Justification
- Relations between the Two Chambers
- Conditions for Responsibility
- The Classic Capitalist Firm: The Unicameral, Capital-Managed Institution Mistaken for the Corporation
- Government Structure of the Bicameral Firm
- Composition of Chambers
- Size of Chambers
- Convocation and Prerogatives of the Chambers
- Role of the Executive Committee
- Organization of Work, Hierarchy, and Delegation of Powers
- Role of Unions and Labor Organizations
- Firms Concerned
Conclusions
- On Democracy as a Project
- The Place of the Firm in Democracy
- The Contradiction between Capitalism and Democracy
- Considering the Firm for Itself, at Last
A Reader’s Guide for Reflection and Debate about Economic Bicameralism
Bibliography
Index