Theory of industrial organization

Theory of industrial organization

Property as a theory of industrial organization: A society might pay a just reward to its members and still remain essentially unfree. Nothing is easier than to persuade men to exchange power for material comfort. The rights of property  must, therefore, to be well founded involve a theory of industrial organization not less than a … Read more

Property And Effort

Property And Effort

Property And Effort: Practically speaking, theories of reward have divided themselves into four main classes. There is the general communist case for equality of income. The argument on its behalf is a much stronger argument than is generally admitted. A man’s “pull” upon society is very largely what his purchasing power is if, therefore, we … Read more

The Moral Basis Of Property

The Moral Basis Of Property

The Moral Basis Of Property: Such a concept of property is conceivable if we seek to view man as a subject of rights. He has then the right to control things in the degree that such control enables him to be his best self. He can claim, that is, such a share of the national … Read more

The Present System Of Property

The Present System Of Property

The Present System Of Property: The root instinct of man is self preservation. Because he must guard himself from danger he has developed an acquisitive faculty which now forms the basis of all Western institutions. The world over, States are divisible into those who, out of that impulse to acquire, possess property which is a … Read more

Liberty And Government

Liberty And Government

Liberty And Government: This view of liberty and equality lays cardinal importance upon the powers of government and the mechanisms by which they may be made to respond to the wills of those affected. I do not argue that the action of legislation can make men free and equal but unless some such conditions exist … Read more

Liberty And Equality In International Aspect

Liberty And Equality In International Aspect

Liberty And Equality In International Aspect: So far, I have discussed conceptions of liberty and equality as though they raised problems soluble within the confines of a single State. But in fact the issues go far beyond that territorial limitation. World co-operation, as I argued earlier, has advanced to the point where we must legislate … Read more

Liberty And Equality

Liberty And Equality

Liberty And Equality channels converge towards the concept of equality No idea is more difficult in the whole realm of political science. To minds so ardent for liberty as Tocqueville and Lord Acton liberty and equality were antithetic things. It is a drastic conclusion. But it turns, in the case of both men, upon a … Read more

The Safeguards Of Liberty

The Safeguards Of Liberty

Safeguards Of Liberty: Freedom, therefore, will not be achieved for the mass of men save under special guarantees. It can never, firstly, exist in the presence of special privilege. Unless I enjoy the same access to power as others, I live in an atmosphere of contingent frustration. It does not matter that I shall probably … Read more

The Nature Of Liberty

The Nature Of Liberty

The Nature Of Liberty: By liberty, I mean the eager maintenance of that atmosphere in which men have the opportunity to be their best selves. Liberty, therefore, is a product of rights. A State built upon the conditions essential to the full development of our faculties will confer freedom upon its citizens. It will release … Read more

Certain limiting factors in sovereignty

Certain limiting factors in sovereignty

Certain limiting factors: Underlying this argument is the assumption that no body which represents the community as a whole whether, as in guild socialism, it represents the producers or, as in a territorial assembly, it seeks to represent the consumers, will ever, by itself, adequately safeguard the right of the individual to realize himself. That … Read more