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The Capitalist Case Against the Corporation

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  • Piet-Hein van Eeghen

Abstract

The paper criticizes the corporation from a liberal-capitalist point of view, arguing that incorporation violates the right and responsibilities of private ownership. Aspects of current capitalist practice which popularly concentration, speculative instability and excessive growth/profit orientation) are traced back to the corporate form rather that to genuinely capitalist institutions such as private property and free exchange. Some disadvantages connected to the proposed repeal of incorporation for private enterprise are discussed.

Suggested Citation

  • Piet-Hein van Eeghen, 1997. "The Capitalist Case Against the Corporation," Review of Social Economy, Taylor & Francis Journals, vol. 55(1), pages 85-113.
    • Handle: RePEc:taf:rsocec:v:55:y:1997:i:1:p:85-113
    DOI: 10.1080/00346769700000025
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    References listed on IDEAS

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    1. Stavros Ioannides, 1992. "The Market, Competition And Democracy," Books, Edward Elgar Publishing, number 240.
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    Cited by:

    1. Octavian-Dragomir JORA & Mihaela IACOB, 2013. "A Reassessment of the Owner - Manager Class Conflict: the Unintended Private Consequence of Some Public Regulations," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(2), pages 323-337, May.
    2. Robert E. Prasch, 2005. "The Social Cost of Labor," Journal of Economic Issues, Taylor & Francis Journals, vol. 39(2), pages 439-445, June.
    3. van Eeghen, Piet-Hein, 2021. "Funding money-creating banks: Cash funding, balance sheet funding and the moral hazard of currency elasticity," International Review of Financial Analysis, Elsevier, vol. 76(C).
    4. David Gindis & Abraham A. Singer, 2023. "The Corporate Baby in the Bathwater: Why Proposals to Abolish Corporate Personhood Are Misguided," Journal of Business Ethics, Springer, vol. 183(4), pages 983-997, April.
    5. Robert Prasch, 2000. "Some flaws in the doctrine of classical liberalism: Reviewing Charles Murray’sWhat it means to be a libertarian: A personal interpretation," Forum for Social Economics, Springer;The Association for Social Economics, vol. 30(1), pages 17-29, September.

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