Economics and Philosophy 21 (2):279-289 (2005)
|Abstract||This paper provides further evidence to the argument that Smith' theory of justice did not follow the natural justice school and that subsequently the ethical position on acquiring private property is not independent of the effects which such acquisition may have on the property-less individuals. I will show that the justification for private ownership is based on “reasonable expectations” which owners of assets have with regard to the fruits of the asset. The expectation to subsist through the use of one's natural assets is equally reasonable. This is not to say that Smith believed that society should equally distribute income. But it does mean that the acquisition of private property must not interfere with the rights of individuals to subsist. Consequently, distribution is clearly an important part of Smith's conception of justice. Footnotes1 I am in debt to P. Bridel, A. Cot, J. Young and the anonymous referees of this Journal for helpful comments.|
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
|Through your library||Configure|
Similar books and articles
Peter Vallentyne (2001). Self-Ownership. In Laurence Becker & Charlotte Becker (eds.), Encyclopedia of Ethics, 2nd edition. Garland Publishing.
Karl Widerquist (2009). A Dilemma for Libertarianism. Politics, Philosophy and Economics 8 (1):43-72.
J. M. Elegido (1995). Intrinsic Limitations of Property Rights. Journal of Business Ethics 14 (5):411 - 416.
Jeremy Waldron (1990). The Right to Private Property. Clarendon Press.
Robert E. Goodin (1990). Property Rights and Preservationist Duties. Inquiry 33 (4):401 – 432.
Larry May (1986). Corporate Property Rights. Journal of Business Ethics 5 (3):225 - 232.
L. Wenar (1998). Original Acquisition of Private Property. Mind 107 (428):799-820.
C. Fabre (2002). Justice, Fairness, and World Ownership. Law and Philosophy 21 (3):249-273.
John Salter (2000). Adam Smith: Justice and Due Shares. Economics and Philosophy 16 (1):139-146.
Added to index2009-01-28
Total downloads38 ( #35,769 of 722,682 )
Recent downloads (6 months)1 ( #60,006 of 722,682 )
How can I increase my downloads?