Eric A. Posner
Website
Radical Markets: Uprooting Capitalism and Democracy for a Just Society
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15 editions
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published
2018
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The Twilight of Human Rights Law
6 editions
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published
2014
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How Antitrust Failed Workers
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The Executive Unbound: After the Madisonian Republic
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5 editions
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published
2011
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Last Resort: The Financial Crisis and the Future of Bailouts
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Law and Social Norms
5 editions
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published
2000
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The Perils of Global Legalism
13 editions
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published
2009
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Climate Change Justice
11 editions
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published
2010
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Terror in the Balance: Security, Liberty, and the Courts
4 editions
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published
2006
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Law and Happiness
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4 editions
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published
2000
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“This arrangement, in which users take advantage of services and the company gains all the upside of the data they generate, may sound novel, but it is actually very old. Prior to the rise of capitalism, feudal labor arrangements worked similarly. Lords insulated their serfs from fluctuations in markets and guaranteed them safety and traditional rights to use the land and to keep enough of their crop to survive. In exchange, lords took all the upside of the market return on serfs’ agricultural output. Similarly, today, siren servers provide useful and enjoyable information services, while taking the market value of the data we produce in exchange. We thus refer to this contemporary system as “technofeudalism.”
― Radical Markets: Uprooting Capitalism and Democracy for a Just Society
― Radical Markets: Uprooting Capitalism and Democracy for a Just Society
“It is not realistic to put legal constraints on war powers. Law works through general prospective rules that apply to a range of factual situations. International relations and national security are too fluid and unpredictable to be governed by a set of legal propositions that command general assent secured in advance. Laws governing war make us feel more secure but they don’t actually make us more secure”
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“The logical end point of institutional investment and diversification is the coordination of all capital to extract maximum wealth from consumers and workers.”
― Radical Markets: Uprooting Capitalism and Democracy for a Just Society
― Radical Markets: Uprooting Capitalism and Democracy for a Just Society
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