Legal Theory in John R. Commons' Legal Foundations of Capitalism

Thierry Kirat

Working Papers from HAL

Abstract: Paper prepared for the book edited by Véronique Dutraive and Takayuki Nakahara. Commons occupies a special position in institutionalism for his commitment to understanding the legal embedding of American capitalism and the relationship between the legal and economic orders. The article analyzes Commons' approach to law and characterizes his levels of analysis. Commons, notably in "Legal Foundations of Capitalism", read certain legal writings from which he drew lessons for his own analysis, in a double movement of influence and appropriation. He drew on Hohfeld's juridical matrix and some of his critics to develop his theory of transactions

Keywords: 2025 february 12 Mots-clés : Commons -Institutionnalismethéorie du droit ---Hohfeld --Transactions Commons -Institutionalism -Legal théory --Hohfeld -Transactions; 2025; february; 12 Mots-clés : Commons -Institutionnalismethéorie du droit ---Hohfeld --Transactions Commons -Institutionalism -Legal théory --Hohfeld -Transactions (search for similar items in EconPapers)
Date: 2025-02-12
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