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Douglas Renwick's avatar

To clarify on the Theory of the Firm, it's possible that people can interpret it in a way that justifies economic democracy.

But when researching this article, and looking through Blakeley's sources, it seems clear to me that this wasn't really a thought in the neoclassical mind. The firm became synonymous with the corporation by the 1960's, according to one of the research articles that Blakeley references.

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