Chapter

Conclusion: Politics

Liam Murphy and Thomas Nagel

in The Myth of Ownership

Published in print April 2002 | ISBN: 9780195150162
Published online November 2003 | e-ISBN: 9780199833924 | DOI: http://dx.doi.org/10.1093/0195150163.003.0009
 Conclusion: Politics

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What politically feasible results might be drawn from the foregoing reflections? Self-interest does set limits to what is politically feasible, but most people defend their views about taxation in moral language. So much would be gained from the wholesale rejection of the morally obtuse but tenacious ideas of everyday libertarianism. Increasingly widespread understanding of how capitalism works may help. We may hope that most people are coming to believe that even under capitalism the organization of the economy and the allocation of its product between public and private control is a legitimate object of continual collective choice, and that this choice must be made on grounds that justify it not only economically but morally, and by a democratic procedure that legitimizes it.

Keywords: feasible; capitalism; economy; self-interest; collective choice

Chapter.  6548 words. 

Subjects: Political Theory

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