Developed land is a major but neglected share of property holdings. In a new book, Alain Trannoy and Etienne Wasmer analyze this form of property, identifying its causes in ways that will generate discussion about its distribution—and possible taxation.
The latest book by Catherine Colliot-Thèlène, who died in 2022, crowns a vast body of work in the field of political philosophy. She drew inspiration from a meticulous and enlightening reinterpretation of the classics in order to understand the contemporary world.
Inequality has a history that is always complex and often contradictory. The story needs to be told, because it is this story, enriched by the contributions of all the social sciences, that can help to shape realistic proposals for greater social justice.
Do individuals have absolute rights to the things they have labored on? It would seem to go without saying that the answer is “yes” – and yet, this principle can be called into question. A definition of private property requires us to be in agreement with each other – and therefore to share a set of common values.
With taxpayer suffrage abolished and universal suffrage achieved, political participation in our democratic societies should no longer be conditioned on property ownership. However, as Timothy Kuhner shows, politics remain subservient to capital.
How did the French Revolution, after abolishing privilege, also become the foundation of modern inequality? Thomas Piketty’s latest book focuses on the evolving ideological constructions of property across the ages and offers ways to solve the problem of inequality without challenging to the individual right to private property.
Private property is now sacred, and its strict definition prohibits the redress of inequalities and of environmental problems. But it was not always conceived in this way: It was invented by the French Revolution.
Which actors are responsible for creating housing markets? A recent book looks at how Parisian real estate changed in the late nineteenth century, revealing how the property boom radically altered relationships to the city.
Can we define capitalism? By acknowledging the role played by economic and philosophical idea in its development, is there not a risk of ignoring the importance of material and technical conditions? The economists Clément Carbonnier and Geoffrey Hodgson discuss this issue.
Among the recipients of the 2009 Nobel Memorial Prize in Economics was Elinor Ostrom, for her analysis of economic governance, especially in relation to the commons. While this choice took many in the profession by surprise, her life-long quest for an understanding of successful common property resource management holds important lessons for our future.
At a time when the French government has reignited the debate over a universal minimum income, Philippe Askenazy reconsiders the question of wealth redistribution. He maintains that intervention must occur at a much earlier stage, not through taxation or generalized access to property, but by making base incomes equal through a revalorization of work.
The idea of the Commons prospers today as a powerful trope of twenty-first century sharing. To tell the story of how yesterday’s digging and grazing became today’s googling and sampling, we need to look more closely at the way the unique properties of the modern information landscape come into focus by reference to the old commons economy: through the concepts of user rights, openness and enclosure.
An interview with a Chinese political scientist trained in American universities gives us an insight into China’s pragmatic policy of local experimentation. It chronicles how officials in the municipality of Chongqing have seized the opportunity offered by its special status to launch a unique blend of liberal and socialist economic policy.
