Work

Capital flight and domination by diffuse collectives

Year: 2024

Type: article

Abstract: When progressive governments attempt to redistribute wealth, nationalize major industries, or empower unions, they are often faced with the threat of capital flight. Some republican theorists have suggested that this phenomenon might be a source of domination. However, the prominent neo-republican account of domination presented by Philip Pettit cannot justify this claim, since the class of investors is not usually an agent. In this article, I present a novel theory of domination by diffuse collectives that can justify the intuition that the threat of capital flight is a source of domination.

Source: Politics Philosophy & Economics

DOI: 10.1177/1470594x241292374

Author: Miikka Jaarte

Institution: Stanford University

Language: English

Topic: Political Philosophy and Ethics

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: bronze

Funder: Technische Universität Dresden