Worker Cooperatives as Based on First Principles

The purpose of this paper is to go back to the first principles of democracy and private property, and to show that they are violated by the conventional firms based on the employment relations and are satisfied by the legal form of a worker cooperative. The conventional bundle of rights in a corporation is analysed and then shown how it is changed and reparsed in a worker cooperative according to those first principles.

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David Ellerman (2016). Worker Cooperatives as Based on First Principles, Journal of Entrepreneurial and Organizational Diversity, 5(1): 20-32. DOI: