The Labor Theory of Property

This is a 1985 paper in a philosophical journal spelling out the labor theory of property.

The Legitimate Opposition at Work

This paper addresses the need for some union-like legitimate opposition in a largely worker-owned company.

The Legal Structure of Worker Cooperatives

This is the first paper to analyze all the different varieties of worker-owned firms as well as conventional firms in terms of how they parse the bundle of rights in a firm.

Horizon Problem and its Solution

This is the paper that explained how the system of internal capital accounts solves the Furubotn-Pejovich horizon problem that occurs in labor-managed firms with “social equity” like in a non-profit company.

Generalized-Ultraproducts

Published version of my 1971 PhD dissertation in mathematics.

Foundations-of-Self-Management-1975

This old typescript was probably the first written and published version of the argument for worker self-management (as we called it in those days) based on democratic theory and the labor theory of property seen as the property application of the usual principle of imputing legal responsibility in accordance with de facto responsibility.

3 Hats Paper

This is the “famous” 3-hats paper that first laid out the ICA model for a worker cooperative and that clarified how different rights would be assigned to different functional roles (“hats”) in a worker cooperative.

The Democratic Corporation

This is a law-journal treatment, coauthored with Peter Pitegoff, of the theory and practice of worker ownership in the US in the early 1980s.

Intellectual Trespassing as a Way of Life: Essays in Philosophy, Economics, and Mathematics

Dramatic changes or revolutions in a field of science are often made by outsiders or ‘trespassers,’ who are not limited by the established, ‘expert’ approaches. Each essay in this diverse collection shows the fruits of intellectual trespassing and poaching among fields such as economics, Kantian ethics, Platonic philosophy, category theory, double-entry accounting, arbitrage, algebraic logic, series-parallel duality, and financial arithmetic.

Knowledge-Based Development Assistance

This paper explores the problems of development assistance that focuses on knowledge instead of capital. The vision of the World Bank as a “Knowledge Bank” is a case in point.