2020
DOI: 10.1177/0090591720936609
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In Defence of Public Ownership: A Reply to Frye

Abstract: Socialist republicans claim public ownership of productive property can curtail economic domination. Harrison Frye makes a lucid case for doubting this conclusion. 1 Firstly, public ownership may decrease economic efficiency due to high negotiation and agency costs. When this results in fewer economic goods being available to meet people's basic needs, then they will be more vulnerable to domination. Secondly, managers can evade the accountability that would keep dominating power in check if groups with hetero… Show more

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Cited by 4 publications
(2 citation statements)
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“… 19. I add this pro tanto clause because many egalitarians might be sceptical about the efficiency costs of institutional solutions changing the constitutional scheme (Elster 1993) or the property regime in a too radical fashion (Frye 2020; cf. O’Shea 2020b). Others could, perhaps, be sceptical about bestowing them with great constitutional powers unless there are appropriate checks and balances constraining them.…”
mentioning
confidence: 99%
“… 19. I add this pro tanto clause because many egalitarians might be sceptical about the efficiency costs of institutional solutions changing the constitutional scheme (Elster 1993) or the property regime in a too radical fashion (Frye 2020; cf. O’Shea 2020b). Others could, perhaps, be sceptical about bestowing them with great constitutional powers unless there are appropriate checks and balances constraining them.…”
mentioning
confidence: 99%
“…I have argued elsewhere that once we appreciate the challenges of managerial control, it becomes less clear that radical changes to ownership alleviate managerial domination instead of exacerbating it (Frye 2020; cf. O'Shea 2020b).…”
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confidence: 99%