A Critique of Property Rights

Property rights can be immensely helpful to society, increasing our collective productivity, motivating and inspiring people to work harder, and consequently augmenting our standard of living. There is however, another side to that coin–property rights can create a distribution of wealth that undercuts economic demand and leads to the replacement of wage-financed consumer demand with credit-financed consumer demand, leading to, as we recently collectively experienced, economic crises fuelled by unsustainable levels of private household debt. Clearly there is a balance with property–we need to maximise the benefits of this institution while minimising the societal costs. The trouble is that the political theory that lies at the foundation of right wing thinking in the Western world does not allow for this balancing, and these ideas continue to hold sway. Today I’d like to address where the difficulties in the right’s theory of property lie and what sort of negative consequences these difficulties have for the rest of us.

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Freedom versus Voting

Often times freedom is viewed as good in itself. Why is it good to allow freedom of speech, freedom of expression, assembly, religion, autonomous decision making, that whole boatload of fun stuff? Generally the liberal response is to just assert that freedom is itself good for no other reason than it just is. The argument for freedom is too often made on the basis of self-evidence than on any sort of consequentialist grounds. We all believe freedom to be a good thing because we have all been brought up socially to believe that this is the case from childhood. Don’t mistake my aim–I am not going to claim that freedom is not a good thing. I am, however, going to claim that there is an external source from which the goodness of freedom derives, and that this external source provides some separation between voting and freedom that begins to show how we might have the latter without the former.

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The Daily Mail, Global Warming, and Disinformation

Recently, an article appeared in the British newspaper Daily Mail alleging that global warming stopped 16 years ago. Of course, my first instinct was to recall that this is the Daily Mail we’re talking about, and they’re not exactly reputable:

 

But leaving aside for the moment the Daily Mail‘s reputation for inaccuracy, let us examine the evidence they claim they have from the British Meteorological Office, discover if this is true or not, and the implications of that truth or lack thereof are.

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Who Deserves What?

One of the central questions of distributive justice is desert–what determines the size of one’s claim to the economic pie. The conservative right often maintains that certain inherent virtues or positive qualities justify desert. A hard working person is said to deserve more than a lazy person, a smart person is said to deserve more than a dumb person, and so on. This amounts to sort of a virtue ethic, a deontology–these things are inherently good, and consequently those who possess them deserve more. The liberal left has a different answer to this question, one grounded more in consequences and less in arbitrary virtues and vices, and I think there’s a strong case for saying that it more closely reflects reality.

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The Political Pitfalls of Pessimism and Optimism

In the United States, we are often exhorted to be optimistic, enthusiastic, and positive about our society and one another, criticising “constructively” or perhaps preferably not at all. The United States has a particularly optimistic political culture, one where you really can make your campaign slogan “hope”, “change”, or “yes we can” and get away with it. The United Kingdom is quite a different place–in Britain, Prime Minister David Cameron got into office with the slogan “we can’t go on like this”. There’s a “change” message in there somewhere, but it certainly isn’t phrased in hopeful terms. Today I’d like to have a closer look at the role optimism and pessimism play in the American and British political systems, respectively, discovering how both extremes can have a deleterious effect on government.

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