Liberals I
This chapter begins with a brief discussion of what we mean by liberalism. It continues with an evaluation of the views that liberals have taken of the justification of property. I first consider the broadly utilitarian case developed by William Paley, James Mill, and Jeremy Bentham. I then assess the distinctive view taken (in France) by Benjamin Constant and (in the US) by Thomas Jefferson and James Madison. I devote careful attention to the work of John Stuart Mill, who is a key source for a distinctively modern (or ‘new’) liberal view in which property is not so much a right of persons as a social institution, legitimately open to collective regulation. The chapter ends with an outline of the liberal case for communal ownership of the land made by the American journalist Henry George.