The Constitutional Theory of the Firm and Varieties of Capitalism

In this blog post, Jamee K. Moudud argues that labor relations are conflictual and corporations are fundamentally political creatures who have always attempted to structure the legal and political foundations of the economy so as to further their investment activities. Thus, corporations will generally oppose progressive reforms, especially if they raise costs.

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Law and the “Value” of Future Expectations: Climate Change, Stranded Assets and Capitalist Dynamics

In both direct and obvious ways, but also in ways that are often backgrounded and obscured, recent discussions that fossil fuel assets and infrastructures risk becoming “stranded assets” if legal regulations to limit global warming are imposed makes evident the critical role that law plays in (co-)constituting “value”.

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