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Michael Bennett [8]Michael Y. Bennett [1]
  1. The Corporate Power Trilemma.Rutger Claassen & Michael Bennett - 2022 - Journal of Politics 84 (4):2094-2106.
    Authors critical of corporate power focus almost exclusively on one solution: bringing it under democratic control. However important this is, there are at least two other options, which are rarely discussed: reducing powerful firms’ size and influence, or accepting corporate power as a necessary evil. This article provides a comparative perspective for evaluating all three options. It argues that the trade-offs we face in responding to corporate power have a trilemmatic structure. The pure strategies of accepting powerful firms, breaking them (...)
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  2. The choice of efficiencies and the necessity of politics.Michael Bennett - 2023 - Critical Review of International Social and Political Philosophy 26 (6):877-896.
    Efficiency requires legislative political institutions. There are many ways efficiency can be promoted, and so an ongoing legislative institution is necessary to resolve this choice in a politically sustainable and economically flexible way. This poses serious problems for classical liberal proposals to constitutionally protect markets from government intervention, as seen in the work of Ilya Somin, Guido Pincione & Fernando Tesón and others. The argument for the political nature of efficiency is set out in terms of both Pareto optimality and (...)
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  3. An Epistemic Argument for an Egalitarian Public Sphere.Michael Bennett - 2020 - Episteme 1.
    The public sphere should be regulated so the distribution of political speech does not correlate with the distribution of income or wealth. A public sphere where people can fund any political speech from their private holdings is epistemically defective. The argument has four steps. First, if political speech is unregulated, the rich predictably contribute a disproportionate share. Second, wealth tends to correlate with substantive political perspectives. Third, greater quantities of speech by the rich can “drown out” the speech of the (...)
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  4. Experiments in Distributive Justice and Their Limits.Michael Bennett - 2016 - Critical Review: A Journal of Politics and Society 28 (3-4):461-483.
    Mark Pennington argues political systems should be decentralized in order to facilitate experimental learning about distributive justice. Pointing out the problems with Pennington's Hayekian formulation, I reframe his argument as an extension of the Millian idea of 'experiments in living.' However, the experimental case for decentralization is limited in several ways. Even if decentralization improves our knowledge about justice, it impedes the actual implementation of all conceptions of justice other than libertarianism. I conclude by arguing for the compatibility of egalitarian (...)
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  5. Introduction: The Wealth-Power Nexus.Michael Bennett, Rutger Claassen & Huub Brouwer - 2022 - In Michael Bennett, Huub Brouwer & Rutger Claassen (eds.), Wealth and power: Philosophical perspectives. New York, NY: Routledge. pp. 1-22.
    This introductory chapter provides a general framework for thinking about the relationship between wealth and power. It begins by situating the topic in the history of political thought, modern social science, and recent political philosophy, before putting forward an analytical framework. This has three elements: first, the idea of liberalism's public/private divide: a division between a power-wielding state from which wealth should be absent, and a market economy from which power should be absent; second, the two ways the division can (...)
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  6. Taming the Corporate Leviathan: How to Properly Politicise Corporate Purpose?Michael Bennett & Rutger Claassen - 2022 - In Michael Bennett, Huub Brouwer & Rutger Claassen (eds.), Wealth and power: Philosophical perspectives. New York, NY: Routledge. pp. 145-165.
    Corporations are increasingly asked to specify a ‘purpose.’ Instead of focusing on profits, a company should adopt a substantive purpose for the good of society. This chapter analyses, historicises, and radicalises this call for purpose. It schematises the history of the corporation into two main purpose/power regimes, each combining a way of thinking about corporate purpose with specific institutions to hold corporate power to account. Under the special charter regime of the seventeenth to mid-nineteenth centuries, governments chartered companies to pursue (...)
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  7. The capital flight quadrilemma: Democratic trade-offs and international investment.Michael Bennett - 2021 - Ethics and Global Politics 4 (14):199-217.
    This article argues that capital flight of real investment presents governments with a quadrilemma. First, governments can tailor their policies to attract investors – but this is incompatible with a whole range of alternative policy choices. Second, they can simply accept capital flight – but this is incompatible with a robust capital stock and tax base. Third, they can harmonize its taxes and regulations with other states – but this is incompatible with international independence. Fourth, they can impose capital controls (...)
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  8. “Propositions in Theatre: Theatrical Utterances as Events”.Michael Y. Bennett - 2018 - Journal of Literary Semantics 47 (2):147-152.
    Using William Shakespeare’s Hamlet and the play-within-the play, The Murder of Gonzago, as a case study, this essay argues that theatrical utterances constitute a special case of language usage not previously elucidated: the utterance of a statement with propositional content in theatre functions as an event. In short, the propositional content of a particular p (e.g. p1, p2, p3 …), whether or not it is true, is only understood—and understood to be true—if p1 is uttered in a particular time, place, (...)
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  9. Wealth and power: Philosophical perspectives.Michael Bennett, Huub Brouwer & Rutger Claassen (eds.) - 2022 - New York, NY: Routledge.
    Is political equality viable given the unequal private property holdings characteristic of a capitalist economy? This book places the wealth-politics nexus at the centre of scholarly analysis. Traditional theories of democracy and property have often ignored the ways in which the rich attempt to convert their wealth into political power, operating on the implicit assumption that politics is isolated from economic forces. This book brings the moral and political links between wealth and power into clear focus. The chapters are divided (...)
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