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The Capitalist Case Against the Corporation

Piet-Hein van Eeghen

Review of Social Economy, 1997, vol. 55, issue 1, 85-113

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.

Keywords: corporation; capitalism; socialism; principle of persona responsibility (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1080/00346769700000025

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