Fans pick 100 books like Private Property

By Richard Schlatter,

Here are 100 books that Private Property fans have personally recommended if you like Private Property. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

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Book cover of Inventing America: Jefferson's Declaration of Independence

David Ellerman Author Of Neo-Abolitionism: Abolishing Human Rentals in Favor of Workplace Democracy

From my list on a fair and just private property market economy.

Why am I passionate about this?

Ever since my graduate student days in philosophy and economics, I have slowly come to understand more and more the case for workplace democracy based on normative principles (i.e., the inalienability, property, and democratic principles), not just the obvious consequentialist or pragmatic arguments based on increased productivity (people working jointly for themselves), less worker alienation, and eliminating the divide down the middle of most enterprises between employers and employees. In addition to two decades of teaching university economics, I have co-founded several consulting companies dedicated to implementing these principles in practice, the Industrial Cooperative Association in Massachusetts (now the ICA Group) and the Institute for Economic Democracy in Slovenia, where I have retired.

David's book list on a fair and just private property market economy

David Ellerman Why did David love this book?

The third leg of the stool supporting workplace democracy (in addition to the democratic and property arguments) is the inalienable rights argument based on the factual inalienability of people’s responsible agency, which the legal employment contract pretends to be alienated in the firm based on employment. The truth comes out when an employee commits a crime at the behest of the employer; then they suddenly become partners in crime. Since the responsible agency is factually inalienable in both criminous and non-criminous actions, the contract that legally alienates all agency to the employer in the non-criminous case should be abolished. Garry Wills traces the history of the inalienable rights clause in the Declaration of Independence back to its roots in the Scottish and European Enlightenment.

By Garry Wills,

Why should I read it?

2 authors picked Inventing America as one of their favorite books, and they share why you should read it.

What is this book about?

From acclaimed historian Garry Wills, author of Lincoln at Gettysburg, a celebrated re-appraisal of the meaning and the source of inspiration of The Declaration of Independence, based on a reading of Jefferson's original draft document.

Inventing America upended decades of thinking about The Declaration of Independence when it was first published in 1978 and remains one of the most influential and important works of scholarship about this founding document. Wills challenged the idea that Jefferson took all his ideas from John Locke. Instead, by focussing on Jefferson's original drafts, he showed Jefferson's debt to Scottish Enlightenment philosophers such as Lord…


Book cover of Ownership: Reinventing Companies, Capitalism, and Who Owns What

David Ellerman Author Of Neo-Abolitionism: Abolishing Human Rentals in Favor of Workplace Democracy

From my list on a fair and just private property market economy.

Why am I passionate about this?

Ever since my graduate student days in philosophy and economics, I have slowly come to understand more and more the case for workplace democracy based on normative principles (i.e., the inalienability, property, and democratic principles), not just the obvious consequentialist or pragmatic arguments based on increased productivity (people working jointly for themselves), less worker alienation, and eliminating the divide down the middle of most enterprises between employers and employees. In addition to two decades of teaching university economics, I have co-founded several consulting companies dedicated to implementing these principles in practice, the Industrial Cooperative Association in Massachusetts (now the ICA Group) and the Institute for Economic Democracy in Slovenia, where I have retired.

David's book list on a fair and just private property market economy

David Ellerman Why did David love this book?

This is the best book about worker-owned firms in America by two authors who have each worked on the issue for almost a half-century. It focuses on the Employee Stock Ownership Plans (ESOPs) developed in the US. There are now almost 7,000 ESOPs in America and 10% of the private workforce work in ESOPs so one out of ten workers are co-owners of the company where they work. Hence worker ownership is not just an academic pipe dream but a growing reality in America.

By Corey Rosen, John Case,

Why should I read it?

1 author picked Ownership as one of their favorite books, and they share why you should read it.

What is this book about?

Winner of the William Foote Whyte and Kathleen King Whyte Book Prize from the Rutgers Institute for the Study of Employee Ownership and Profit Sharing

Employee ownership creates stronger companies, helps workers build wealth, and fosters a fairer, more stable society. In this book, two leading experts show how it works—and how it can be greatly expanded.

Wages don’t cover the bills. Wealth inequality is growing. Social trust is eroding. There are endless debates about what to do, but one key factor is inexplicably left out: who owns the companies that drive the economy?

Ownership matters. Ownership by a few…


Book cover of Intellectual Origins of American Radicalism

David Ellerman Author Of Neo-Abolitionism: Abolishing Human Rentals in Favor of Workplace Democracy

From my list on a fair and just private property market economy.

Why am I passionate about this?

Ever since my graduate student days in philosophy and economics, I have slowly come to understand more and more the case for workplace democracy based on normative principles (i.e., the inalienability, property, and democratic principles), not just the obvious consequentialist or pragmatic arguments based on increased productivity (people working jointly for themselves), less worker alienation, and eliminating the divide down the middle of most enterprises between employers and employees. In addition to two decades of teaching university economics, I have co-founded several consulting companies dedicated to implementing these principles in practice, the Industrial Cooperative Association in Massachusetts (now the ICA Group) and the Institute for Economic Democracy in Slovenia, where I have retired.

David's book list on a fair and just private property market economy

David Ellerman Why did David love this book?

This short book by the late Staughton Lynd is the best summary of the radical principles upon which America was founded. Lynd goes deep into the intellectual history of the underlying principles in English and European history. In spite of writing such an important book and perhaps due to his outspoken opposition to the Vietnam War, Lynd was not given tenure as a historian at Yale University. He then became a labor lawyer and lived the rest of his life as a labor activist.

By Staughton Lynd,

Why should I read it?

1 author picked Intellectual Origins of American Radicalism as one of their favorite books, and they share why you should read it.

What is this book about?

Now an established classic, Intellectual Origins of American Radicalism was the first book to explore this alternative current of American political thought. Stemming back to the seventeenth-century English Revolution, many questioned private property, the sovereignty of the nation-state, and slavery, and affirmed the common man's ability to govern. By the time of the American Revolution, Thomas Paine was the great exemplar of the alternative intellectual tradition. In the nineteenth century, the antislavery movement took hold of Thomas Paine's ideas and fashioned them into an ideology that ultimately justified civil war. This updated edition contains a preface by the author, which…


Book cover of A Preface to Economic Democracy

David Ellerman Author Of Neo-Abolitionism: Abolishing Human Rentals in Favor of Workplace Democracy

From my list on a fair and just private property market economy.

Why am I passionate about this?

Ever since my graduate student days in philosophy and economics, I have slowly come to understand more and more the case for workplace democracy based on normative principles (i.e., the inalienability, property, and democratic principles), not just the obvious consequentialist or pragmatic arguments based on increased productivity (people working jointly for themselves), less worker alienation, and eliminating the divide down the middle of most enterprises between employers and employees. In addition to two decades of teaching university economics, I have co-founded several consulting companies dedicated to implementing these principles in practice, the Industrial Cooperative Association in Massachusetts (now the ICA Group) and the Institute for Economic Democracy in Slovenia, where I have retired.

David's book list on a fair and just private property market economy

David Ellerman Why did David love this book?

This book is the follow-up to Robert Dahl’s influential Preface to Democratic Theory—published in 1956. The newer Preface to Economic Democracy applied democratic theory to the workplace. Dahl, as the Sterling Professor of Political Science at Yale, was arguably the foremost democratic theorist of his time, so it is important that he applied the democratic theory arguments to the organizations where most people spend much of the waking time. I am particularly thankful for knowing him and when he set out to describe his vision of economic democracy (p. 91), he had a footnote reading, “In clarifying my ideas on this question I have profited greatly from a number of unpublished papers by David Ellerman, cited in the bibliography....”

By Robert Alan Dahl,

Why should I read it?

1 author picked A Preface to Economic Democracy as one of their favorite books, and they share why you should read it.

What is this book about?

Tocqueville pessimistically predicted that liberty and equality would be incompatible ideas. Robert Dahl, author of the classic A Preface to Democratic Theory, explores this alleged conflict, particularly in modern American society where differences in ownership and control of corporate enterprises create inequalities in resources among Americans that in turn generate inequality among them as citizens.

Arguing that Americans have misconceived the relation between democracy, private property, and the economic order, the author contends that we can achieve a society of real democracy and political equality without sacrificing liberty by extending democratic principles into the economic order. Although enterprise control by…


Book cover of These Truths: A History of the United States

Virginia Rademacher Author Of Derivative Lives: Biofiction, Uncertainty, and Speculative Risk in Contemporary Spanish Narrative

From my list on combating post-truth contagions.

Why am I passionate about this?

I’m a writer and professor of literary studies whose work has been deeply involved in topics of truth, realism, and public policy. My recent book considers works of fiction that openly and honestly experiment with questions of uncertainty, identity, and risk in the supermodern present. This book draws from disciplinary discourses in law, finance, and economics, which similarly contend with competing claims to truth and value and dive deep into the circumstantial and speculative games that authors play when they write fiction about reality. I have my PhD in Spanish Literature (UVA), M.A. in International Affairs and Economics (Johns Hopkins Univ.), and a B.A. from Harvard University.

Virginia's book list on combating post-truth contagions

Virginia Rademacher Why did Virginia love this book?

This book makes American history relevant, alive, and urgent.

This is not a book to read in one sitting–but to enjoy in segments. I felt so much smarter and prepared to understand our current challenges to truth and trust after reading this book.

At this critical juncture in our democracy, this book will illuminate, enlighten, and inform! 

By Jill Lepore,

Why should I read it?

4 authors picked These Truths as one of their favorite books, and they share why you should read it.

What is this book about?

The American experiment rests on three ideas-"these truths", Jefferson called them-political equality, natural rights and the sovereignty of the people. And it rests, too, "on a dedication to inquiry, fearless and unflinching", writes Jill Lepore in a ground-breaking investigation into the American past that places truth at the centre of the nation's history.

Telling the story of America, beginning in 1492, These Truths asks whether the course of events has proven the nation's founding truths or belied them. Finding meaning in contradiction, Lepore weaves American history into a tapestry of faith and hope, of peril and prosperity, of technological progress…


Book cover of For a New Liberty: The Libertarian Manifesto

Mark Gober Author Of An End to Upside Down Liberty: Turning Traditional Political Thinking on Its Head to Break Free from Enslavement

From my list on libertarian politics and economics.

Why am I passionate about this?

I previously had no interest in politics, but in 2020 the world became so politically charged that I wanted to better understand the landscape. That led me down a rabbit hole of questioning the basic assumptions about what government is and why we have it. Fortunately, there are many brilliant thinkers whose work I was able to study. I ultimately integrated this thinking into my own worldview. This list of books provides a starting point for thinking about our world—and the nature of reality—in an entirely new way. They certainly helped to alter my views, and they all contain excellent references if you’d like to explore them even further. 

Mark's book list on libertarian politics and economics

Mark Gober Why did Mark love this book?

For a New Liberty breaks apart traditional assumptions about politics in ways that I hadn’t considered until reading this book.

Rothbard uses common-sense reasoning to explain the problems with our governing structures today and paves the way for a whole new paradigm. Even more than that, Rothbard shows how society could look in the future if government functions were privatized.

This book is also a great primer for the “Austrian School” of economics. I had many aha moments when reading this book, and it helped change my worldview. 

By Murray N. Rothbard,

Why should I read it?

1 author picked For a New Liberty as one of their favorite books, and they share why you should read it.

What is this book about?

In For a New Liberty: The Libertarian Manifesto, Rothbard proposes a once-and-for-all escape from the two major political parties, the ideologies they embrace, and their central plans for using state power against people. Libertarianism is Rothbard's radical alternative that says state power is unworkable and immoral and ought to be curbed and finally overthrown.To make his case, Rothbard deploys his entire system of thought: natural law, natural rights, Austrian economics, American history, the theory of the state, and more.It is relentless, scientific, analytical, and morally energetic — a book that makes an overwhelming case. Indeed, it gave an entire movement…


Book cover of Expulsions: Brutality and Complexity in the Global Economy

Jacqueline Kennelly Author Of Citizen Youth: Culture, Activism, and Agency in a Neoliberal Era

From my list on how neoliberalism f*&ks up democracy.

Why am I passionate about this?

I came to activism at a young age, inspired by a book given to me by a friend in Grade 10. I also grew up poor; my trajectory into university was unusual for my demographic, a fact I only discovered once I was doing my PhD in the sociology of education. By the time I started interviewing activists for my doctorate, I had a burning desire to understand how social change could happen, what democracy really looked like, and who was left out of participating. I am still trying to figure these things out. If you are, too, the books on this list might help!

Jacqueline's book list on how neoliberalism f*&ks up democracy

Jacqueline Kennelly Why did Jacqueline love this book?

The important argument lying at the heart of this beautifully written book is that the trajectory of the current global economy, driven by neoliberal logics, is fundamentally one of expulsions: that is, expelling the poor, the biosphere, democracy, and anything else that gets in the way of maximizing profit. This book takes massive case studiesfrom palm oil production in Malaysia and Indonesia to water bottling by large corporations in the USand demonstrates how they are ultimately about pushing people out instead of inviting people in. It raises important questions about who the economy is for, and what ends we are ultimately building toward as a global society. I don’t have a pithy personal story about this book; I just think you should read it.

By Saskia Sassen,

Why should I read it?

1 author picked Expulsions as one of their favorite books, and they share why you should read it.

What is this book about?

Soaring income inequality and unemployment, expanding populations of the displaced and imprisoned, accelerating destruction of land and water bodies: today's socioeconomic and environmental dislocations cannot be fully understood in the usual terms of poverty and injustice, according to Saskia Sassen. They are more accurately understood as a type of expulsion-from professional livelihood, from living space, even from the very biosphere that makes life possible.

This hard-headed critique updates our understanding of economics for the twenty-first century, exposing a system with devastating consequences even for those who think they are not vulnerable. From finance to mining, the complex types of knowledge…


Book cover of A Postcapitalist Politics

Paul Chatterton Author Of How to Save the City: A Guide for Emergency Action

From my list on helping us save the city.

Why am I passionate about this?

I've been fascinated by city life since I studied Geography at high school. After twenty five years of teaching and researching urban geography, I am Professor of Urban Futures at a UK university. I now have a better sense of the challenges we face and what we can do about them. I spend my time supporting activists, campaigners, students, policymakers, and politicians about the urgency for change and what kind of ideas and examples they can use to tackle what I call the triple emergencies of climate breakdown, social inequality, and nature loss.

Paul's book list on helping us save the city

Paul Chatterton Why did Paul love this book?

This is one of the defining books that has helped a generation of researchers name an important tendency – that capitalism isn’t all-dominant and there are always alternatives to it.

I use this book often with campaigners and city policymakers to help them understand that if you really take a closer look at our modern-day economy you will see all sorts of activity – co-operatives, family labour, barter, gift exchange.

I love the idea of postcapitalism as it really asks us to think about what should, or ought to, come next. This broader understanding of our economies as diverse entities opens up the possibility of supercharging more community-focused economies. 

By J. K. Gibson-Graham,

Why should I read it?

1 author picked A Postcapitalist Politics as one of their favorite books, and they share why you should read it.

What is this book about?

Is there life after capitalism? In this creatively argued follow-up to their book The End of Capitalism (As We Knew It), J. K. Gibson-Graham offer already existing alternatives to a global capitalist order and outline strategies for building alternative economies.

A Postcapitalist Politics reveals a prolific landscape of economic diversity-one that is not exclusively or predominantly capitalist-and examines the challenges and successes of alternative economic interventions. Gibson-Graham bring together political economy, feminist poststructuralism, and economic activism to foreground the ethical decisions, as opposed to structural imperatives, that construct economic "development" pathways. Marshalling empirical evidence from local economic projects and action…


Book cover of Everywhere Disappeared

George Wylesol Author Of 2120

From my list on graphic novels that reinvent the book (literally).

Why am I passionate about this?

I’m an artist who likes to write, but I’ve never been interested in classic superhero or pulp graphic novels. Early in my career, the word “comics” felt like an insult—it's not “real art,” right? Too childish! While that instinct was definitely wrong, I found a (small) world of experimental, abstract, genre-breaking graphic novels that combine art and writing in a wholly unique way. This is a list of some of my recent favorites that have inspired my drawing and writing practice, and will hopefully inspire you. 

George's book list on graphic novels that reinvent the book (literally)

George Wylesol Why did George love this book?

You could really choose any graphic novel by Patrick Kyle—they’re all excellent. I personally like this collection of his short stories. The art is abstract, cartoony, expressive, drawn with a stylistic boldness not often seen in graphic novels. 

The art could stand on its own, and often I find myself skimming this novel just to look at the art. But the narratives themselves are the real key here—completely original, contemporary thinking that discusses things like the end of cell phones and purifying skin creams. These narratives will change the way you think about narrative.

By Patrick Kyle,

Why should I read it?

1 author picked Everywhere Disappeared as one of their favorite books, and they share why you should read it.

What is this book about?

A keen observer of the absurd, Patrick Kyle's stories defamiliarize the machinations of life, work, and art with droll dialogue and his angular, humanely geometric drawing and sci-fi settings that recall set design more than satellite images. Kyle's figures may be foreign and his settings strange, but his stories resonate deeply.

Patrick Kyle lives and works in Toronto, ON. He is the author of the graphic novels Black Mass (2012), Distance Mover (2014), and Don't Come In Here (2016). At the 2016 Doug Wright Awards, he won the Pigskin Peters Award for New Comics #6 and #7.


Book cover of Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism

Amy Myers Jaffe Author Of Oil, Dollars, Debt, and Crises: The Global Curse of Black Gold

From my list on why oil and global banking crises happen at the same time.

Why am I passionate about this?

I began my career as a business journalist writing about Arab finance and oil at a time when few women were in that industry. Rather improbably, perhaps, I became well-known for correctly predicting trends – geopolitical and geo-economical. In my thirties, I shifted to the academy, becoming a director of energy research at Rice University in Houston and subsequently a sought-after advisor to government, corporations, and financial institutions. I wrote my first paper on oil crises while in high school (winning third prize in a state term paper contest) and have never left the subject. Now more than ever, the public needs to understand the real facts behind oil and financial crises. 

Amy's book list on why oil and global banking crises happen at the same time

Amy Myers Jaffe Why did Amy love this book?

One of the disadvantages to writing a book with any economics in it is just that, readers need to know a little economics to get the most out of your book.

But to grasp how oil and the dollar interact and why we wind up in repeating financial crises, you don’t have to go back and reread Keynes and Irving Fischer (on interest rates). In 2009, Nobel Prize-winning economists George Akerlof and Robert Shiller wrote this easy-to-read and easy-to-understand book that critiques traditional economics (e.g. it’s dependence on “rational” actors) and dissects the building blocks one needs to know to grasp the ins and outs of economic cycles.

Importantly, they explain why people continue to believe they can make a fortune by investing at the top of the market (the confidence multiplier and contagion). Their book leads the reader through the basics on how bubbles (irrational exuberance) and panics ensue…

By George A. Akerlof, Robert J. Shiller,

Why should I read it?

2 authors picked Animal Spirits as one of their favorite books, and they share why you should read it.

What is this book about?

The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes…


Book cover of Inventing America: Jefferson's Declaration of Independence
Book cover of Ownership: Reinventing Companies, Capitalism, and Who Owns What
Book cover of Intellectual Origins of American Radicalism

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