What Is Economic Liberty?

Philosophical Topics 48 (2):203-222 (2020)
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Abstract

Economic liberty is best understood in opposition to economic domination. This article develops a radical republican conception of such domination. In particular, I argue that radical republicanism provides a more satisfactory account of individual economic freedom than the market-friendly liberties of working, transacting, holding, and using championed by Nickel and Tomasi. So too, it avoids the pitfalls of other conceptions of economic liberty which emphasize real freedom, alternatives to immiserating work, or unalienated labor. The resulting theory holds that economic domination occurs when someone’s access to civic capabilities is contingent on the arbitrary economic power of others. Socialist institutions—suitably configured—can deliver on this individual economic freedom, allowing the dominating power of proprietors, shareholders, landlords, and managers to be kept in check, and providing an unconditional minimum that allows individual citizens to be less beholden to others in meeting many of their most fundamental civic needs. Thus, I conclude that socialism can be championed as a politics of individual economic liberty.

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Tom O'Shea
University of Edinburgh

Citations of this work

Should socialists be republicans?Jan Kandiyali - forthcoming - Critical Review of International Social and Political Philosophy.
Eugene Debs and the Socialist Republic.Tom O’Shea - 2022 - Political Theory 50 (6):861-888.

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References found in this work

A Theory of Justice: Revised Edition.John Rawls - 1999 - Harvard University Press.
What is the point of equality.Elizabeth Anderson - 1999 - Ethics 109 (2):287-337.
Republicanism: a theory of freedom and government.Philip Pettit (ed.) - 1997 - New York: Oxford University Press.
Free Market Fairness.John Tomasi (ed.) - 2012 - Princeton University Press.

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