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Public Ownership of the External World and Private Ownership of Self

Bibliographic Data

ID10176548
AuthorsHervé Moulin (0000-0003-3358-6290), John E Roemer (0000-0001-9049-5083), John Roemer
Year1989
Volume97
Issue2
Pages347-367
Publication date1989-04-01
Open AccessNo
TypeARTICLE
VenueJournal of Political Economy (JOURNAL)
Journal identifiersISSN: 0022-3808 • E-ISSN: 1537-534X
PublisherUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/261606
OpenAlexW2065655671
LanguageEN
Citations received6
References cited4

Liberal political philosophy defends great inequality of economic outcome on the basis that people own themselves and are entitled to establish private property in the external world by virtue of self-ownership. Contemporary nonlibertarian political philosophers, such as John Rawls and Ronald Dworkin, achieve their relatively egalitarian conclusions by denying self-ownership as a premise. An alternative challenge to libertarianism, which does not take that radical step, is to declare that while self-ownership should be respected at least to a degree, productive assets in the external world be viewed as publicly owned. The authors propose an axiomatic approach to modeling public and private property rights, and characterize the class of allocation mechanisms, acting on a domain of economic environments, which satisfy these axioms. Copyright 1989 by University of Chicago Press

Axiom · Common ownership · Economics · Epistemology · Law and economics · Liberalism · Market economy · Microeconomics · Political philosophy · Political science · Politics · Premise · Private property · Property rights · Public economics · Public ownership · Sociology · Virtue · Economic Theory and Institutions · Law · Philosophy · Political Economy and Marxism · Political Philosophy and Ethics

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Citations per year0.17
Citation span1990 - 2026 (37)
Highly citedNo

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