On Macpherson's Developmental Liberalism
The work of C. B. Macpherson is extremely significant for those seeking to understand the cul-de-sac which liberal political theory and institutions have entered. Considering the experience of socialist societies in this century, the necessity for a nonmarket political theory to retain a positive connection to Western liberal values should be beyond dispute. Any postmarket society requires, not pious reassurances, but institutional support for individual rights that are the most vehemently defended in the liberal tradition. But of course this is not enough. Contemporary society is already undermining liberal individualism through massive organizations and manipulated consumption. The inability of liberal theory to analyze effectively and propose alternatives to the contemporary decline of the individual suggests that the cul-de-sac is rooted in the conceptual foundations of liberalism itself. Macpherson's rigorous analysis of the market assumptions of liberal theory pinpoints this conceptual inadequacy and attempts to maintain a commitment to liberal values in a postmarket society.