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Liberalism and the Case for the Democratic Entreprise: A Comment on Bowles and Gintis


  • Corbett, D.


Must consistent liberals regard the firm as a public institution and hold it accountable to democratic norms? Samuel Bowles and Herbert Gintis have recently tried to establish this conclusion on the basis of a critique of the Walrasian analysis of labour market. This essay endeavors to show, however, that bowles and Gintis fail to make a persuasive case for the democratic entreprise because thay overestimate the importance of Walrasian analysis of liberalism.

Suggested Citation

  • Corbett, D., 1996. "Liberalism and the Case for the Democratic Entreprise: A Comment on Bowles and Gintis," Department of Economics Working Papers 177, Department of Economics, Williams College.
  • Handle: RePEc:wil:wileco:177

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    JEL classification:

    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General
    • J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets


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