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Public Ownership of the External World and Private Ownership of Self

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  • Moulin, Herve
  • Roemer, John

Abstract

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.

Suggested Citation

  • Moulin, Herve & Roemer, John, 1989. "Public Ownership of the External World and Private Ownership of Self," Journal of Political Economy, University of Chicago Press, vol. 97(2), pages 347-367, April.
  • Handle: RePEc:ucp:jpolec:v:97:y:1989:i:2:p:347-67
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    Cited by:

    1. Miguel Ginés Vilar & Francisco Marhuenda Hurtado, 1998. "Welfarism in specific economic domain," Working Papers. Serie AD 1998-06, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    2. Efthymios Athanasiou, 2012. "Endogenous productivity and equality of opportunity," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 39(1), pages 59-89, June.
    3. Gines, M. & Marhuenda, F., 2000. "Welfarism in Economic Domains," Journal of Economic Theory, Elsevier, vol. 93(2), pages 191-204, August.
    4. JU, Biung-Ghi & MORENO-TERNERO, Juan, 2014. "Fair allocation of disputed properties," CORE Discussion Papers 2014024, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    5. Yoshihara, Naoki, 2003. "Characterizations of bargaining solutions in production economies with unequal skills," Journal of Economic Theory, Elsevier, vol. 108(2), pages 256-285, February.
    6. Biung-Ghi Ju & Juan D. Moreno-Ternero, 2016. "Entitlement theory of justice and end-state fairness in the allocation of goods," UMASS Amherst Economics Working Papers 2016-14, University of Massachusetts Amherst, Department of Economics.
    7. Cappelen, Alexander W. & Tungodden, Bertil, 2004. "The liberal egalitarian paradox," Memorandum 14/2004, Oslo University, Department of Economics.
    8. Thomson, William, 2011. "Chapter Twenty-One - Fair Allocation Rules," Handbook of Social Choice and Welfare,in: K. J. Arrow & A. K. Sen & K. Suzumura (ed.), Handbook of Social Choice and Welfare, edition 1, volume 2, chapter 21, pages 393-506 Elsevier.
    9. Thomson, William, 1997. "The Replacement Principle in Economies with Single-Peaked Preferences," Journal of Economic Theory, Elsevier, vol. 76(1), pages 145-168, September.
    10. Arguedas, Carmen & Kranich, Laurence, 2006. "The linear cost equivalent rule: A solution procedure for heterogeneous joint production problems," Mathematical Social Sciences, Elsevier, vol. 51(1), pages 70-80, January.
    11. Rebecca P. Judge, 2002. "Restoring the Commons: Toward a New Interpretation of Locke’s Theory of Property," Land Economics, University of Wisconsin Press, vol. 78(3), pages 331-338.
    12. Corchon, Luis C. & Puy, M. Socorro, 1998. "Individual rationality and voting in cooperative production," Economics Letters, Elsevier, vol. 59(1), pages 83-90, April.
    13. Shin, Sungwhee & Suh, Sang-Chul, 1997. "Double Implementation by a Simple Game Form in the Commons Problem," Journal of Economic Theory, Elsevier, vol. 77(1), pages 205-213, November.
    14. Yengin Duygu, 2012. "Characterizing Welfare-egalitarian Mechanisms with Solidarity When Valuations are Private Information," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-35, April.
    15. Karen Ehlers & M. Shubik & R. Gardner & G. Tichy & N. Long & F. Scherer & M. Burda & Gerlinde Sinn, 1993. "Book reviews," Journal of Economics, Springer, vol. 58(2), pages 203-223, June.
    16. repec:spr:sochwe:v:49:y:2017:i:3:d:10.1007_s00355-017-1088-y is not listed on IDEAS

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