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PROPERTY AND THE CREATION OF VALUE

  • Dan Moller (a1)
Abstract
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.

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This list contains references from the content that can be linked to their source. For a full set of references and notes please see the PDF or HTML where available.

F. Buera and J. P. Kaboski . 2012. The rise of the service economy. American Economic Review 102: 25402569.

F. Caselli and W. J. Coleman II. 2001. The U.S. structural transformation and regional convergence: a reinterpretation. Journal of Political Economy 109: 584616.

G. A. Cohen 1995. Self-ownership, Freedom, and Equality. Cambridge: Cambridge University Press.

Z. Kenessey 1987. The primary, secondary, tertiary and quaternary sectors of the economy. Review of Income and Wealth 33: 359385.

R. Nozick 1974. Anarchy, State, and Utopia. New York, NY: Basic Books.

M. Otsuka 2003. Libertarianism without Inequality. Oxford: Oxford University Press.

J. Rawls 1971. A Theory of Justice. Cambridge, MA: Harvard University Press.

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Economics & Philosophy
  • ISSN: 0266-2671
  • EISSN: 1474-0028
  • URL: /core/journals/economics-and-philosophy
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