Tuesday, July 3, 2018

IS IT TIME TO MOVE BEYOND PRIVAE PROPERTY?

Eric A. Posner & E. Glen Weyl, Radical Markets: Uprooting Capitalism and Democracy for a Just Society (Princeton & Oxford; Princeton University Press, 2018). It would be inappropriate for me to even try to summarize the book here. One will just have to decide whether one is willing to invest the time and intellectual energy in reading it and grappling with its argument(s). However, to quote from the text: "Even if we don’t sell you on all our ideas, we hope this book will open your mind to a new way of imagining the economy and politics. This challenging moment, when long-held assumptions are being overturned, is ripe for radical rethinking." Id. at 29. Obviously Trump and his followers are engaged in radical thinking of the harmful and counterproductive kind. It would be wise and prudent to at least consider some radical thinking of a more positive and productive kind.