Property as a Fiduciary Relationship and the Extension of Economic Democracy

Theoria 69 (171):74-96 (2022)
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Abstract

During the last two centuries, property understood as an exclusive and unlimited dominion became common sense. Before, the idea of property as a fiduciary relationship, which is still present in contemporary social constitutionalism, was closely linked to the view that the exercise of freedom entails the capacity to shape those property rights that channel socioeconomic life. Today, new ways to operationalise such an approach must be found. This article explores the scope of ‘direct strategies’ and ‘indirect strategies’ in the recovery of the idea and the practice of collective fiduciary control over the economic realm.

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