This book explores how traditional theories of economic justice, both from the libertarian right and the egalitarian left, have failed to appreciate the objection against exploitative behavior that would be possible through the exercise of property rights. This failure also underlies the recent plea for a so-called unconditional basic income.

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Real-libertarianism, as it is expressed in Philippe Van Parijs' recent monograph Real Freedom for All is characteristically committed to both self-ownership and 'solidarity with the infirm or handicapped. In this article it is argued that the conception of freedom that is used to endorse self-ownership is inconsistent with the conception of freedom or opportunity that is used to justify transfer payments to those with no or low earning capacity. The problem turns around the question whether one's freedom consists in the (...) access one has to a share of the social product or in the measure of economic self-sufficiency one enjoys. Accordingly the role of private property in external resources as a condition for freedom is unclear: is it the basis of people's capacity for self-determination or is it the basis of people's bargaining power? Van Parijs' commitment to self-ownership suggests the former, his commitment to solidarity suggests the latter. A similar ambivalence is pointed out in his argument for a universal basic income, for which Real Freedom for All is so well-known. (shrink)