Property. Robert Lamb A.

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on the thought of Pierre-Joseph Proudhon and William Morris. Much of the case against private property concerns the severe poverty and inequalities that are associated with a world of yours and mine, as well as the claimed appeal of the radically different world that we can imagine without it.

      In the fourth and fifth chapters, I consider alternative justifications for property ownership that do not try to defend the institution through reference to natural rights. I look first at the consequentialist accounts of the institution we find in the utilitarian tradition, in the writings of David Hume, Jeremy Bentham, and J. S. Mill. Each uses the idea of utility in a different way to justify the institution of property ownership and its associated legal conventions. After a discussion of the logics that drive them, I conclude that these three different justifications – though they are arresting and again have some intuitive pull – seem likewise incapable of providing a solid foundation for the existence of private property, their vulnerability traceable to the empirical claims upon which they must rely. I then move on, in the fifth chapter, to outline what might be the most compelling justification of private property in modern political thought. This justification, which can be found in the political writing of nineteenth-century German philosopher G. W. F. Hegel, is one that takes seriously the meaning and purpose of property in both its individual and social dimensions. The attraction of the Hegelian justification is, I suggest, that it can account for both the individualistic nature of the institution of private ownership and its ultimately social justification, while being unaffected by the vagaries that would threaten any consequentialist version.

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