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Book Title
Form of the Firm C
Publication Date
2018-11-22
Pages
312
ISBN
9780190698348

Über dieses Produkt

Product Identifiers

Publisher
Oxford University Press, Incorporated
ISBN-10
0190698349
ISBN-13
9780190698348
eBay Product ID (ePID)
19038252225

Product Key Features

Number of Pages
312 Pages
Publication Name
Form of the Firm : a Normative Political Theory of the Corporation
Language
English
Subject
Corporate Governance, General
Publication Year
2018
Type
Textbook
Author
Abraham A. Singer
Subject Area
Political Science, Business & Economics
Format
Hardcover

Dimensions

Item Height
1.1 in
Item Weight
17.6 Oz
Item Length
6.2 in
Item Width
9.3 in

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
2018-003055
Dewey Edition
23
TitleLeading
The
Reviews
"Across ideological lines, political theory about economic questions is often strangely individualistic, imagining a world with consumers, entrepreneurs, workers, the recipients of income checks from the government, but no meso-level institutions, no corporations. Abraham Singer's The Form of the Firm is an outstanding response to this problem. Working at the border of political theory and normative political economy, Singer does something that is rare, valuable, and impressive: he takes seriously the importance and function of the business corporation in the course of developing a critical normative theory of its functioning. This is a decisively important contribution, a book to reckon with." -Jacob T. Levy, Tomlinson Professor of Political Theory and Professor of Political Science, McGill University "The Form of the Firm is an important intervention in the growing body of literature on the political theory of the corporation. Singer's critical historical overview of leading theories of firm and corporation, from Smith to the Chicago School, is filled with new insights into motivations, underlying logics, and lacunae. In developing his own 'relational' theory of the firm, Singer emphasizes-against reductionist contractarian approaches-the importance of productivity-enhancing social norms within the firm. Singer then uses the presence of such norms to suggest novel ways of bringing corporations into line with liberal democratic standards, within the constraint of economic viability. The work will become a standard reference in argumentation going forward." -David Ciepley, Associate Professor, University of Denver "Singer has provided the most comprehensive framing to date of the relevant questions and theoretical underpinnings for a political theory of the firm. He is, throughout, a reliable and witty guide for both political philosophers unfamiliar with theories of the firm in law and economics, on the one hand, and social scientists and lawyers in need of a primer on the latest developments in political philosophy, on the other." -Wayne Norman, Mike & Ruth Mackowski Professor of Ethics, Duke University, "Abraham Singer's book is comprehensive, original, and overall a highly impressive articulation of how political philosophy, legal theory, and economics intersect when it comes to our understanding and evaluation of firms. I expect it to become a valued and influential resource for political philosophers working on the nature of employment or the variety of proximate topics also covered by this book." -- Daniel Halliday, Economics & Philosophy "The large thesis of The Form of the Firm is compelling, the writing is brisk, and the argument is grounded in the key works of several disciplines. The book will make a fine sparring partner and resource for the ongoing task of describing and appraising the business corporation" -- Mark Hoipkemier, University of Virginia, Review of Politics "[a] virtuoso work ... a powerful, grounded call for reform ... This book requires repeated reading. It is dense and deliberate, but those interested in political philosophy and political economy will find it worthy of the investment ... Essential." -- D. C. Jacobs, CHOICE "Across ideological lines, political theory about economic questions is often strangely individualistic, imagining a world with consumers, entrepreneurs, workers, the recipients of income checks from the government, but no meso-level institutions, no corporations. Abraham Singer's The Form of the Firm is an outstanding response to this problem. Working at the border of political theory and normative political economy, Singer does something that is rare, valuable, and impressive: he takes seriously the importance and function of the business corporation in the course of developing a critical normative theory of its functioning. This is a decisively important contribution, a book to reckon with." -Jacob T. Levy, Tomlinson Professor of Political Theory and Professor of Political Science, McGill University "The Form of the Firm is an important intervention in the growing body of literature on the political theory of the corporation. Singer's critical historical overview of leading theories of firm and corporation, from Smith to the Chicago School, is filled with new insights into motivations, underlying logics, and lacunae. In developing his own 'relational' theory of the firm, Singer emphasizes-against reductionist contractarian approaches-the importance of productivity-enhancing social norms within the firm. Singer then uses the presence of such norms to suggest novel ways of bringing corporations into line with liberal democratic standards, within the constraint of economic viability. The work will become a standard reference in argumentation going forward." -David Ciepley, Associate Professor, University of Denver "Singer has provided the most comprehensive framing to date of the relevant questions and theoretical underpinnings for a political theory of the firm. He is, throughout, a reliable and witty guide for both political philosophers unfamiliar with theories of the firm in law and economics, on the one hand, and social scientists and lawyers in need of a primer on the latest developments in political philosophy, on the other." -Wayne Norman, Mike & Ruth Mackowski Professor of Ethics, Duke University, "The Form of the Firm is an extraordinary and highly original book. It is one of the most rigorous and comprehensive interdisciplinary works that combines normative political theory with business ethics and economics addressing issues relating to justices in and of the buisness firm." -- Chi Kwok, Res Publica "Abraham Singer's book is comprehensive, original, and overall a highly impressive articulation of how political philosophy, legal theory, and economics intersect when it comes to our understanding and evaluation of firms. I expect it to become a valued and influential resource for political philosophers working on the nature of employment or the variety of proximate topics also covered by this book." -- Daniel Halliday, Economics & Philosophy "The large thesis of The Form of the Firm is compelling, the writing is brisk, and the argument is grounded in the key works of several disciplines. The book will make a fine sparring partner and resource for the ongoing task of describing and appraising the business corporation" -- Mark Hoipkemier, University of Virginia, Review of Politics "[a] virtuoso work ... a powerful, grounded call for reform ... This book requires repeated reading. It is dense and deliberate, but those interested in political philosophy and political economy will find it worthy of the investment ... Essential." -- D. C. Jacobs, CHOICE "Across ideological lines, political theory about economic questions is often strangely individualistic, imagining a world with consumers, entrepreneurs, workers, the recipients of income checks from the government, but no meso-level institutions, no corporations. Abraham Singer's The Form of the Firm is an outstanding response to this problem. Working at the border of political theory and normative political economy, Singer does something that is rare, valuable, and impressive: he takes seriously the importance and function of the business corporation in the course of developing a critical normative theory of its functioning. This is a decisively important contribution, a book to reckon with." -Jacob T. Levy, Tomlinson Professor of Political Theory and Professor of Political Science, McGill University "The Form of the Firm is an important intervention in the growing body of literature on the political theory of the corporation. Singer's critical historical overview of leading theories of firm and corporation, from Smith to the Chicago School, is filled with new insights into motivations, underlying logics, and lacunae. In developing his own 'relational' theory of the firm, Singer emphasizes-against reductionist contractarian approaches-the importance of productivity-enhancing social norms within the firm. Singer then uses the presence of such norms to suggest novel ways of bringing corporations into line with liberal democratic standards, within the constraint of economic viability. The work will become a standard reference in argumentation going forward." -David Ciepley, Associate Professor, University of Denver "Singer has provided the most comprehensive framing to date of the relevant questions and theoretical underpinnings for a political theory of the firm. He is, throughout, a reliable and witty guide for both political philosophers unfamiliar with theories of the firm in law and economics, on the one hand, and social scientists and lawyers in need of a primer on the latest developments in political philosophy, on the other." -Wayne Norman, Mike & Ruth Mackowski Professor of Ethics, Duke University, "The large thesis of The Form of the Firm is compelling, the writing is brisk, and the argument is grounded in the key works of several disciplines. The book will make a fine sparring partner and resource for the ongoing task of describing and appraising the business corporation" -- Mark Hoipkemier, University of Virginia, Review of Politics "[a] virtuoso work ... a powerful, grounded call for reform ... This book requires repeated reading. It is dense and deliberate, but those interested in political philosophy and political economy will find it worthy of the investment ... Essential." -- D. C. Jacobs, CHOICE "Across ideological lines, political theory about economic questions is often strangely individualistic, imagining a world with consumers, entrepreneurs, workers, the recipients of income checks from the government, but no meso-level institutions, no corporations. Abraham Singer's The Form of the Firm is an outstanding response to this problem. Working at the border of political theory and normative political economy, Singer does something that is rare, valuable, and impressive: he takes seriously the importance and function of the business corporation in the course of developing a critical normative theory of its functioning. This is a decisively important contribution, a book to reckon with." -Jacob T. Levy, Tomlinson Professor of Political Theory and Professor of Political Science, McGill University "The Form of the Firm is an important intervention in the growing body of literature on the political theory of the corporation. Singer's critical historical overview of leading theories of firm and corporation, from Smith to the Chicago School, is filled with new insights into motivations, underlying logics, and lacunae. In developing his own 'relational' theory of the firm, Singer emphasizes-against reductionist contractarian approaches-the importance of productivity-enhancing social norms within the firm. Singer then uses the presence of such norms to suggest novel ways of bringing corporations into line with liberal democratic standards, within the constraint of economic viability. The work will become a standard reference in argumentation going forward." -David Ciepley, Associate Professor, University of Denver "Singer has provided the most comprehensive framing to date of the relevant questions and theoretical underpinnings for a political theory of the firm. He is, throughout, a reliable and witty guide for both political philosophers unfamiliar with theories of the firm in law and economics, on the one hand, and social scientists and lawyers in need of a primer on the latest developments in political philosophy, on the other." -Wayne Norman, Mike & Ruth Mackowski Professor of Ethics, Duke University, "The Form of the Firm is an extraordinary and highly original book. It is one of the most rigorous and comprehensive interdisciplinary works that combines normative political theory with business ethics and economics addressing issues relating to justices in and of the buisness firm." -- Chi Kwok, Res Publica"Abraham Singer's book is comprehensive, original, and overall a highly impressive articulation of how political philosophy, legal theory, and economics intersect when it comes to our understanding and evaluation of firms. I expect it to become a valued and influential resource for political philosophers working on the nature of employment or the variety of proximate topics also covered by this book." -- Daniel Halliday, Economics & Philosophy"The large thesis of The Form of the Firm is compelling, the writing is brisk, and the argument is grounded in the key works of several disciplines. The book will make a fine sparring partner and resource for the ongoing task of describing and appraising the business corporation" -- Mark Hoipkemier, University of Virginia, Review of Politics"[a] virtuoso work ... a powerful, grounded call for reform ... This book requires repeated reading. It is dense and deliberate, but those interested in political philosophy and political economy will find it worthy of the investment ... Essential." -- D. C. Jacobs, CHOICE"Across ideological lines, political theory about economic questions is often strangely individualistic, imagining a world with consumers, entrepreneurs, workers, the recipients of income checks from the government, but no meso-level institutions, no corporations. Abraham Singer's The Form of the Firm is an outstanding response to this problem. Working at the border of political theory and normative political economy, Singer does something that israre, valuable, and impressive: he takes seriously the importance and function of the business corporation in the course of developing a critical normative theory of its functioning. This is a decisively importantcontribution, a book to reckon with." -Jacob T. Levy, Tomlinson Professor of Political Theory and Professor of Political Science, McGill University"The Form of the Firm is an important intervention in the growing body of literature on the political theory of the corporation. Singer's critical historical overview of leading theories of firm and corporation, from Smith to the Chicago School, is filled with new insights into motivations, underlying logics, and lacunae. In developing his own 'relational' theory of the firm, Singer emphasizes-against reductionist contractarian approaches-theimportance of productivity-enhancing social norms within the firm. Singer then uses the presence of such norms to suggest novel ways of bringing corporations into line with liberal democratic standards, within theconstraint of economic viability. The work will become a standard reference in argumentation going forward." -David Ciepley, Associate Professor, University of Denver"Singer has provided the most comprehensive framing to date of the relevant questions and theoretical underpinnings for a political theory of the firm. He is, throughout, a reliable and witty guide for both political philosophers unfamiliar with theories of the firm in law and economics, on the one hand, and social scientists and lawyers in need of a primer on the latest developments in political philosophy, on the other." -Wayne Norman, Mike& Ruth Mackowski Professor of Ethics, Duke University, "[a] virtuoso work ... a powerful, grounded call for reform ... This book requires repeated reading. It is dense and deliberate, but those interested in political philosophy and political economy will find it worthy of the investment ... Essential." -- D. C. Jacobs, CHOICE "Across ideological lines, political theory about economic questions is often strangely individualistic, imagining a world with consumers, entrepreneurs, workers, the recipients of income checks from the government, but no meso-level institutions, no corporations. Abraham Singer's The Form of the Firm is an outstanding response to this problem. Working at the border of political theory and normative political economy, Singer does something that is rare, valuable, and impressive: he takes seriously the importance and function of the business corporation in the course of developing a critical normative theory of its functioning. This is a decisively important contribution, a book to reckon with." -Jacob T. Levy, Tomlinson Professor of Political Theory and Professor of Political Science, McGill University "The Form of the Firm is an important intervention in the growing body of literature on the political theory of the corporation. Singer's critical historical overview of leading theories of firm and corporation, from Smith to the Chicago School, is filled with new insights into motivations, underlying logics, and lacunae. In developing his own 'relational' theory of the firm, Singer emphasizes-against reductionist contractarian approaches-the importance of productivity-enhancing social norms within the firm. Singer then uses the presence of such norms to suggest novel ways of bringing corporations into line with liberal democratic standards, within the constraint of economic viability. The work will become a standard reference in argumentation going forward." -David Ciepley, Associate Professor, University of Denver "Singer has provided the most comprehensive framing to date of the relevant questions and theoretical underpinnings for a political theory of the firm. He is, throughout, a reliable and witty guide for both political philosophers unfamiliar with theories of the firm in law and economics, on the one hand, and social scientists and lawyers in need of a primer on the latest developments in political philosophy, on the other." -Wayne Norman, Mike & Ruth Mackowski Professor of Ethics, Duke University, "The Form of the Firm is an extraordinary and highly original book. It is one of the most rigorous and comprehensive interdisciplinary works that combines normative political theory with business ethics and economics addressing issues relating to justices in and of the buisness firm." -- Chi Kwok, Res Publica"Abraham Singer's book is comprehensive, original, and overall a highly impressive articulation of how political philosophy, legal theory, and economics intersect when it comes to our understanding and evaluation of firms. I expect it to become a valued and influential resource for political philosophers working on the nature of employment or the variety of proximate topics also covered by this book." -- Daniel Halliday, Economics & Philosophy"The large thesis of The Form of the Firm is compelling, the writing is brisk, and the argument is grounded in the key works of several disciplines. The book will make a fine sparring partner and resource for the ongoing task of describing and appraising the business corporation" -- Mark Hoipkemier, University of Virginia, Review of Politics"[a] virtuoso work ... a powerful, grounded call for reform ... This book requires repeated reading. It is dense and deliberate, but those interested in political philosophy and political economy will find it worthy of the investment ... Essential." -- D. C. Jacobs, CHOICE"Across ideological lines, political theory about economic questions is often strangely individualistic, imagining a world with consumers, entrepreneurs, workers, the recipients of income checks from the government, but no meso-level institutions, no corporations. Abraham Singer's The Form of the Firm is an outstanding response to this problem. Working at the border of political theory and normative political economy, Singer does something that is rare, valuable, and impressive: he takes seriously the importance and function of the business corporation in the course of developing a critical normative theory of its functioning. This is a decisively important contribution, a book to reckon with." -Jacob T. Levy, Tomlinson Professor of Political Theory and Professor of Political Science, McGill University "The Form of the Firm is an important intervention in the growing body of literature on the political theory of the corporation. Singer's critical historical overview of leading theories of firm and corporation, from Smith to the Chicago School, is filled with new insights into motivations, underlying logics, and lacunae. In developing his own 'relational' theory of the firm, Singer emphasizes-against reductionist contractarian approaches-the importance of productivity-enhancing social norms within the firm. Singer then uses the presence of such norms to suggest novel ways of bringing corporations into line with liberal democratic standards, within the constraint of economic viability. The work will become a standard reference in argumentation going forward." -David Ciepley, Associate Professor, University of Denver "Singer has provided the most comprehensive framing to date of the relevant questions and theoretical underpinnings for a political theory of the firm. He is, throughout, a reliable and witty guide for both political philosophers unfamiliar with theories of the firm in law and economics, on the one hand, and social scientists and lawyers in need of a primer on the latest developments in political philosophy, on the other." -Wayne Norman, Mike & Ruth Mackowski Professor of Ethics, Duke University
Dewey Decimal
338.7
Table Of Content
Introduction Chapter 1. A Framework for a Political Theory of the Corporation Section I. The Economic Theory of Corporate Efficiency and Justice Chapter 2. The Classical Theories of the Corporation Chapter 3. Ronald Coase and the Difference between Markets and Firms Chapter 4. The Managerial Challenge to Liberalism Chapter 5. The Chicago School's Theory of the Corporation Chapter 6. From Market to Firm to Market Again Section II: A Normative Account of Corporate Efficiency Chapter 7. The Concept of "Norm-Governed Productivity" Chapter 8. Corporate Justice Within Efficiency Horizons Section III: Toward a More Just Corporate Regime: Law, Governance, and Ethics Chapter 9. Toward a Relational Corporate Law Chapter 10. The Architecture of Corporate Governance and Workplace DemocracyChapter 11. Business Ethics and Efficiency: The Market Failures Approach Chapter 12. Business Ethics and Equality: The Concept of "Justice Failure" Conclusion Works Cited
Synopsis
The Form of the Firm attempts to unveil the nature of the corporation as it exists in modern liberal societies. The author contends that economic theories understate the importance and danger of corporate power, and should be supplemented with a political analysis that foregrounds the sorts of political and moral values at stake in corporate activity., What are we to make of the power that corporations wield over people in modern society? Is such power legitimate? Many think so. To many businessmen and economists, as well as the general public, firms are purely private and economic entities, justified in using all legal means to maximize profit. In The Form of the Firm, Abraham Singer contends that such a view rests on a theoretical foundation that, while quite subtle, is deeplyflawed. Contrary to the conventional wisdom, corporations are not natural outgrowths of the free market. Instead, Singer invites us to see corporations as political institutions that correct market inefficienciesthrough mechanisms normally associated with government -hierarchy, power, and state-sanctioned authority. Corporations exist primarily to increase economic efficiency, but they do this in ways that distinguish them from the markets in which they operate. Corporations serve economic ends, but through political means. Because of this, Singer argues that they also must be structured and obliged to uphold the social and political values that enable their existence and smooth-running in the firstplace: individual autonomy, moral and social equality, and democratic norms and institutions.A profound and timely rethinking of what a corporation actually is and how power withinit ought to be structured and exercised, The Form of the Firm will reshape our understanding of political theory, corporate governance, corporate law, and business ethics., Contemporary discussions of the corporation tend to divide into one of two camps: On one side are scholars who treat the firm as a purely economic and contractual entity, while another set of scholars look at corporations in purely political terms. Therefore, the corporation is not merely an economic endeavor; it is a political institution and must therefore serve social ends and not merely profit. In The Form of the Firm, Abraham Singer contends that both of these approaches overstate their cases dramatically, resulting in two wrongheaded, influential accounts of the corporation. He offers a third way that sees the corporation as being both economic and political. First, it is true that corporations exist primarily to increase economic efficiency. However, they do this in ways that distinguish them from the markets in which they operate. Corporations are not natural outgrowths of the free market, but institutions that we have developed to correct market inefficiencies through mechanisms normally associated with politics. Corporations use social power, norms, and state-sanctioned authority to establish economic cooperation in ways that markets cannot. But, Singer argues that they also have an obligation to uphold the norms of liberal democracy that enable their existence and smooth-running in the first place. A profound rethinking of what a corporation actually is and how power within it ought to be structured and exercised, The Form of the Firm will reshape our understanding of corporate governance, corporate law, and business ethics., What are we to make of the power that corporations wield over people in modern society? Is such power legitimate? Many think so. To many businessmen and economists, as well as the general public, firms are purely private and economic entities, justified in using all legal means to maximize profit. In The Form of the Firm , Abraham Singer contends that such a view rests on a theoretical foundation that, while quite subtle, is deeply flawed. Contrary to the conventional wisdom, corporations are not natural outgrowths of the free market. Instead, Singer invites us to see corporations as political institutions that correct market inefficiencies through mechanisms normally associated with government -hierarchy, power, and state-sanctioned authority. Corporations exist primarily to increase economic efficiency, but they do this in ways that distinguish them from the markets in which they operate. Corporations serve economic ends, but through political means. Because of this, Singer argues that they also must be structured and obliged to uphold the social and political values that enable their existence and smooth-running in the first place: individual autonomy, moral and social equality, and democratic norms and institutions. A profound and timely rethinking of what a corporation actually is and how power within it ought to be structured and exercised, The Form of the Firm will reshape our understanding of political theory, corporate governance, corporate law, and business ethics.
LC Classification Number
HD2731.S56 2019

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