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The Meaning of Property - Freedom, Community, and the Legal Imagination (Paperback)
Loot Price: R1,167
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The Meaning of Property - Freedom, Community, and the Legal Imagination (Paperback)
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From the bestselling author of For Common Things, a brilliant and
ambitious rethinking of the meaning of property in democratic
society In his latest book, Jedediah Purdy takes up a question of
deep and lasting importance: why is property ownership a value to
society? His answer returns us to the foundations of American
society and enables us to interpret the writings of the patron
saint of liberal economics, Adam Smith, in a wholly new light.
Unlike Milton Friedman and other free-market scholars, who consider
property a key to efficient markets, Purdy draws upon Smith’s
theories to argue that the virtues of wealth are social rather than
economic. In Purdy’s view, ownership does much more than shield
one from government interference. Property shapes social life in
ways that bring us closer to, or take us farther from, the ideal of
a community of free and equal members. This view of property is
neither libertarian nor communitarian but treats the community as
the precondition of individual freedom. This view informed
U.S. law in the early days of the republic, Purdy writes, and it is
one that we need to restore today. Touching upon some of the
most charged issues in American politics and law, including
slavery, inheritance, international development, and climate
change, The Meaning of Property offers a compelling new view of
property and freedom and enriches our understanding of democratic
society.
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