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Property And The Creation Of Value

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  • Moller, Dan

Abstract

Following Locke, philosophical discussion of private property has tended to focus on the acquisition of natural resources as central. In this paper I first pursue the idea that the resource paradigm doesn't apply to most developed economies, and show how this creates problems for many accounts of property. My second ambition is to draw a normative conclusion by showing that redistribution of wealth generated in the context of services is more difficult to justify compared with the natural resource paradigm philosophers have often focused on.

Suggested Citation

  • Moller, Dan, 2017. "Property And The Creation Of Value," Economics and Philosophy, Cambridge University Press, vol. 33(1), pages 1-23, March.
    • Handle: RePEc:cup:ecnphi:v:33:y:2017:i:01:p:1-23_00
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    Cited by:

    1. Granaglia, Elena, 2019. "Can market inequalities be justified? The intrinsic shortcomings of meritocracy," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 284-290.
    2. Brian Kogelmann & Benjamin Ogden, 2017. "Enough and as Good: a Formal Model of Lockean First Appropriation," Working Papers ECARES ECARES 2017-13, ULB -- Universite Libre de Bruxelles.

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