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LPE Originals

Can Consumer Law Protect Workers?

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A growing number of employers are relying on Training Repayment Agreement Provisions to discourage workers from quitting. Courts, meanwhile, have routinely rejected legal challenges that claim these agreements violate employment laws, such as wage-and-hour laws and non-compete limitations. There is, however, another legal mechanism to stop this harmful and mobility-restricting practice: consumer law. When firms treat workers as their consumers by selling them services and credit products, the workers become worker-consumers and consumer law becomes work law.
LPE Originals

When the Public University Is the Corporate Landlord

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This past month, the University of California announced a $4.5 billion investment in the Blackstone Real Estate Investment Trust. By partnering with one of the largest private landlords in the US, the University is directly contributing to and profiting from housing scarcity and tenant disempowerment. It is also betraying its public mission. As students squeeze into overcrowded dorms, or sleep in vans, tents, and closets, the hour has come for the UC to use its massive capacity to help solve the housing crisis, rather than prolong it.
LPE Originals

“What Have the Romans Ever Done for Us?” Dismantling Neoliberal Pieties One Sector at a Time

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Electricity, trucking, telephones, and banking: each of these sectors represents an exception to the mainstream model of efficient markets. They are typified by network effects, positive spillovers, high startup costs, and highly variable load rates. They have also experienced severe degradation from the privatization and deregulation that pervade life in the past half century. Networks, Platforms & Utilities promises a new approach to these sectors and others, one that makes the book an important pedagogical pathway for the emerging Law and Political Economy movement.
LPE Originals

The Political Economy of NPU Law

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What happens when we stop generalizing about the economy from the starting point of the grain market, as neoclassical models all seem to, and start generalizing from the post office, or the operating system? That’s the kind of question that Networks, Platforms, and Utilities puts on the table, and it is a major accomplishment. From an LPE perspective, however, one might worry that the book’s current approach is insufficiently attuned to the “political” part of political economy.
LPE Originals

Networks, Platforms, and Utilities: Law and Policy

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This week at the blog, we’re sharing a few of our favorite posts from Notice & Comment’s recent symposium on Networks, Platforms, and Utilities, a new casebook by Morgan Ricks, Ganesh Sitaraman, Shelley Welton, and Lev Menand. First up: the authors explain why it’s time to revive the field of “regulated industries” and to recover the idea that public interest demands a substantial measure of public control over society’s infrastructural resources.
LPE Originals

Race and Profit in the Civil Courts

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The relationship between the criminal legal system and racial subordination has been well-documented. Much less attention has been paid, however, to racial subordination perpetuated by the civil legal system. In a wide range of cases, including eviction, debt collection, and child support, civil courts routinely extract resources from poor, predominately Black communities, and transfer them to white-controlled corporations or to the state itself. Although some of this occurs through the substance of the law, how the courts interpret and implement the law plays an equally important role.
LPE Originals

The House Always Wins: The Algorithmic Gamblification of Work

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Recent technological developments are transforming the basic terms of worker compensation. Rather than receive a salary or predictable hourly wage, workers in the on-demand economy are often paid using opaque and constantly fluctuating formulas, allowing firms to personalize and differentiate wages in order to influence worker behavior. These payment schemes violate long-established norms of fairness, undermine economic stability, and make it nearly impossible for workers to predict or understand their compensation. As a result, many workers now experience their jobs as a form of gambling, in which they are being tricked into working longer for less.
LPE Originals

What the Telegraph Can Teach Us About the Moral Economy

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As we grapple with the law’s ability to address today’s most powerful corporations, one interesting yet largely forgotten set of cases can help us find our bearing: the “death telegram” cases. These suits involved claims for emotional distress against telegraph corporations for failing to deliver telegrams involving the death or illness of a family member. Astonishingly, nearly half the state courts that encountered these claims allowed them, in spite of the long-established common law rule that absent physical injury, mental anguish alone could not be recognized in law. This exception was justified, in part, because the companies were seen as “public service corporations” – a monopolistic business entity that controlled access to a vital public resource and had special emotional duties to its customers. What would it mean to revive such a conception of the corporation today?
LPE Originals

Your Boss Doesn’t Care About You

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Through redistribution, or perhaps a scheme cooperative ownership, we can mitigate inequality while still harnessing the power of markets. This is, at least, the promise of market socialism. Yet all markets, even socialist markets, require its participants to act with a certain set of motives if they are to produce efficient outcomes. And it is these motives that inhibit us from caring about one another in our productive activities. To avoid such alienation, we must decommodify the means of production and reallocate control of capital from private corporations to local workers and municipalities.
LPE Originals

Reading the Post-Neoliberal Right

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Setting aside their habit of quoting Augustine, the post-neoliberal right can at times sound surprisingly like fellow travelers in their critique of the market. So how does their vision of life after neoliberalism differ from our own? And what does their arrival on the scene mean for the LPE movement?
LPE Originals

What’s Beyond “Beyond Neoliberalism”?

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Neoliberalism, we are increasingly told, has one foot in the grave. It is worth, then, thinking seriously about what comes next. What paradigms might replace it, or give it one more mutated form? One possibility, gaining attention in mainstream progressive policy circles, is what some call “productivism” or “supply side liberalism.” But will a focus on production really address the fundamental problems with our political economy? And to what extent does this supposedly new version of industrial policy move us beyond the governing vision that defined neoliberalism itself?
LPE Originals

Saving Industrial Policy from Shareholder Primacy

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Renewed attention to industrial policy has the potential to accelerate decarbonization and expand our productive capacities. If we are to realize this promise, however, we must guard against the diversion of public investment to private coffers. In this post, Lenore Palladino, Reed Shaw, and Will Dobbs-Allsopp explain how the Biden Administration can limit the negative effects of shareholder primacy on industrial policy.
LPE Originals

Corporate Personhood & Corporate Purpose: A Response to Carly Knight

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In a recent post, Carly Knight argues that resuscitating the vision of the corporation as a “creation of the state” is an important part of reclaiming the progressive argument for increased corporate accountability. In this response, Dan Rohde suggests that, rather than subscribe to one unified theory of “the corporation,” progressives would be better served by attending to the roles and purposes that the huge variety of legal entities play in our society, and determining their rights, protections, and powers accordingly.

France illuminated at night
LPE Originals

Energy Price Shocks and the Failures of Neoliberalism

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The global energy price shocks of the past two years have made it painfully clear that energy cannot be treated as an ordinary commodity. They also offer an opportunity to rethink the push to liberalize energy markets over the past forty years, and particularly the use of markets for electricity provisioning.
LPE Originals

The Oligarchic Courthouse

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Subject matter jurisdiction isn’t the dry, technical topic you think it is! Two civil procedure scholars argue that jurisdiction battles are central to corporate efforts to slant litigation and enforcement in service of corporate actors.