This paper clarifies the usage of Albert Hirschman’s categories of market behaviour as of exit and voice in debates about workplace democracy by taking seriously his critique of the neoclassical analysis of competition. Pro-market liberals are generally hostile to the idea of workplace democracy and tend to favour top-down hierarchies as a way of organising labour. This hostility is generally inspired by the neoclassical analysis of exploitation and efficiency, which leads them to defend distributions achieved through exit-based competitive equilibria. Following (...) Hirschman, I propose to consider a hypothetical alternative: a democratic equilibrium, reached through the use of voice. I show that it would present the same appealing characteristics than its competitive counterpart while also accounting for the non-ideal conditions in which markets operate. Support for free markets should entail support for workplace democracy minimally understood as a strengthening of voice. (shrink)

In Free Market Fairness, John Tomasi argues that a wider range of private economic freedoms should be included amongst the high liberal set of basic rights than is normally thought. The topic of this paper is not primarily Tomasi’s own views, but a view that has emerged in the critical literature responding to Tomasi, consideration of which has so far been neglected. This view holds that whilst the specific private economic freedoms Tomasi proposes should be rejected, certain ‘weak’ private economic (...) freedoms should be included amongst the high liberal basic rights. In the paper, I critically assess (and reject) one version of this position, which claims that Rawlsian high liberals ought to accept a weak basic right to privately own productive property. (shrink)