The Modern Corporation and Private Property: A Reappraisal

1983 ◽  
Vol 26 (2) ◽  
pp. 273-289 ◽  
Author(s):  
Robert Hessen
2010 ◽  
Vol 6 (1) ◽  
pp. 99-107 ◽  
Author(s):  
STEVEN G. MEDEMA

Abstract:Recent writings by Richard Posner in this Journal and elsewhere appear to mark a departure from the Chicago price theory tradition with which Posner long has been associated. This paper picks up on one facet of this: the similarity of Posner's views of the corporation, and of executive compensation in particular, to the perspective laid out by Adolf Berle and Gardiner Means in The Modern Corporation and Private Property – a perspective that has for decades been harshly rejected by the Chicago school.


2017 ◽  
Vol 24 (1) ◽  
pp. 644 ◽  
Author(s):  
Jonathan DeVore

Abstract Questions concerning the maldistribution of property and productive resources continue to inform debates about how to bring about societies that are livable, equitable, and ecologically sustainable. In the diverse imaginaries of revolutionary, utopian, socialist, and anti-capitalist politics—together with their adversaries— the notions of "collective" and "private" property have often been conceived as mutually exclusive and exhaustive alternatives. Drawing from several years of ethnographic research with rural squatters in the cacao lands of Bahia, Brazil, the author brings together alternative ways of conceptualizing property that can help overcome this lingering dichotomy and fruitfully inform new political projects. The article examines local practices of property-making through two cases focused on the private ownership and stewardship of natural springs, and the processes whereby squatters convert forest into agroforest. The analysis highlights the ways in which these "private" properties are intersected by "public" interests and "collective" practices, while considering the different kinds of relations that these intersections afford among people and between humans and the non-human environment. Based on these cases, the author suggests that current conversations about "degrowth" may benefit by drawing together frameworks from political ecology, economic anthropology, and property jurisprudence. The presentation concludes by highlighting potential synergies between concerns for degrowth and claims for property democratization. Key Words: degrowth; redistributive democracy; squatters; agroforests; water resources; property rights; private property; commoning; cacao zone; Atlantic Forest; Brazil


2019 ◽  
Vol 6 (1) ◽  
pp. 181760 ◽  
Author(s):  
Mark E. Laidre

Evolution has generated enormous diversity in animal genitalia. However, the importance of private property in driving penis size evolution has rarely been explored. Here, I introduce a novel hypothesis, the ‘private parts for private property' hypothesis, which posits that enlarged penises evolved to prevent the theft of property during sex. I tested this hypothesis in hermit crabs, which carry valuable portable property (a shell) and which must emerge from this shell during sex, risking social theft of their property by eavesdroppers. I measured relative penis size (penis-to-body ratio) for N = 328 specimens spanning nine closely related species. Species carrying more valuable, more easily stolen property had significantly larger penis size than species carrying less valuable, less easily stolen property, which, in turn, had larger penis size than species carrying no property at all. These patterns in penis size remained even when phylogeny was controlled for, and the patterns were not explained by alternative hypotheses. Instead, the results suggest larger penises evolved as morphological adaptations to facilitate safe sex, in which individuals retain their valuable property by extending a long penis outside the shell to copulate. This hypothesis may likewise apply to other taxa, including those with valuable but non-portable property.


1949 ◽  
Vol 30 (353) ◽  
pp. 377-380
Author(s):  
James Scally
Keyword(s):  

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