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Mediated Ownership: Capital as Media

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  • Schneider, Nathan

    (University of Colorado Boulder)

Abstract

This article unravels opportunities that arise from regarding corporate capital as media. First, it reviews relevant overlaps between media theory and legal theory. Second, it considers cases in which capital ownership can be best understood as mediated, affective claims. Third, it explores how recognizing capital as media can open doors to constructive, creative entrepreneurship and activism – to the point of reinventing or undermining received practices of capital ownership altogether. When we think of capital ownership as mediation, we discover our institutional surroundings to be more vulnerable to critical research and more pliable to tactical intervention.

Suggested Citation

  • Schneider, Nathan, 2020. "Mediated Ownership: Capital as Media," MediArXiv np325, Center for Open Science.
  • Handle: RePEc:osf:mediar:np325
    DOI: 10.31219/osf.io/np325
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    References listed on IDEAS

    as
    1. Chassagnon, Virgile & Hollandts, Xavier, 2014. "Who are the owners of the firm: shareholders, employees or no one?," Journal of Institutional Economics, Cambridge University Press, vol. 10(1), pages 47-69, March.
    2. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    3. David Ellerman, 2015. "On the Renting of Persons: The Neo-Abolitionist Case Against Today's Peculiar Institution," Economic Thought, World Economics Association, vol. 4(1), pages 1-20, March.
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