Wealth and Power

Michael Bennett is a postdoctoral researcher at Utrecht University, where he is working on how to render business corporations more politically accountable. All of his academic work has been related in one way or another to the relationship between democracy and capitalism. He wrote his PhD thesis in 2017 on 'Democracy and its relationship with the market: Impartial instrumentalism in politics and constitutional design', and aspects of this research have been published in the journal Critical Review.Huub Brouwer is a postdoctoral researcher at Utrecht University, where he is working on whether political institutions can still function legitimately in the presence of unjust individual wealth distributions. With a background in economics, he works at the intersection of economics and political philosophy, and was the editor of the Erasmus Journal of Philosophy and Economics in 2018–2019. He obtained his PhD, on desert and justice, from Tilburg University in January 2020, and has published in journals such as the Journal of Moral Philosophy, Philosophical Studies and Proceedings of the Aristotelian Society. He has been a visiting researcher at Oxford University, Pompeu Fabra University, and Yale University.Rutger Claassen is Professor of Political Philosophy and Economic Ethics at the Department of Philosophy and Religious Studies of Utrecht University. Rutger is an internationally respected research leader in this field. He is currently the principal investigator of the research project 'Private Property & Political Power in Liberal-Democratic Societies', and from summer 2020, he will be the principal investigator of the project 'The Business Corporation as a Political Actor, funded by the European Research Council' (ERC-Consolidator Grant). He has published extensively on the moral value of economic institutions such as markets, property, and corporations in journals such as Economics & Philosophy, Inquiry, Law & Philosophy, the Journal of Social Philosophy, and Politics, Philosophy & Economics. Rutger is the author of Capabilities in a Just Society: A Theory of Navigational Agency (2018). He is the founding Program Director of the BA-program in Philosophy, Politics & Economics (PPE) at Utrecht University.

• 1. Introduction: The Wealth-Power Nexus Michael Bennett, Huub Brouwer & Rutger ClaassenPart I: Theoretical Orientations2. What about Ethos? Republican Institutions, Oligarchic Democracy and Norms of Political Equality Jessica Kimpell Johnson3. Two Liberal Egalitarian Perspectives on Wealth and Power Richard Arneson4. Public Choice and Political Equality Brian Kogelmann5. Private Wealth and Political Domination: A Marxian Approach Igor Shoikhedbrod6. Anarchism and Redistribution Jessica FlaniganPart II: Power in the Economic Sphere7. Why Does Worker Participation Matter? Three Considerations in Favour of Worker Participation in Corporate Governance Thomas Christiano 8. Taming the Corporate Leviathan: How to Properly Politicise Corporate Purpose? Michael Bennett and Rutger Claassen9. The Power of Big Tech Corporations as Modern Bigness and a Vocabulary for Shaping Competition Law as Counter-power Anna Gerbrandy & Pauline Phoa10. Economic Power and Democratic Forbearance: The Case of Corporate Social Responsibility and Philanthropy Emma Saunders-Hastings11. Independence in the Commons: How Group Ownership Realises Basic Non-Domination Yara Al SalmanPart III. Wealth and Democratic Institutions12. Hidden in Plain Sight: How Lobby Organisations Undermine Democracy Phil Parvin13. No Money, No Party: The Role of Political Parties in Electoral Campaigns Chiara Destri14. Constitutions against Oligarchy Elliot Bulmer & Stuart White15. Automation, Desert, and the Case for Capital Grants Huub Brouwer16. The Power of Private Creditors and the Need for Reform of the International Financial Architecture Anahí Wiedenbrüg & Patricio López Turconi