Abstract

In a few years around 1850, three little known Belgian writers put forward strikingly similar proposals on property regimes. Their prescriptions followed from a core belief that just property regimes should respect the natural right entitlement of each person to some share of material resources. Insofar as an unregulated market economy could not meet that criterion, the state should intervene to secure it. These proposals had little impact at the time, either intellectually or politically, and fell into obscurity. Nevertheless, they can be seen as a contribution to a distinctively Belgian school of 'liberal socialism', which sought to develop an intermediate position between the extremes of liberalism and socialism. In this respect, the proposals strikingly anticipated present-day controversies over stakeholding, even if much of that history was unknown to current advocates of the idea until after they had put forward their own proposals.