POLS 110 Lecture Notes - Lecture 13: Political Liberalism, Social Conflict, Comparative Advantage
26 Nov 2015
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Document Summary
Reason will lead the individual to contract with each other to form a state to protect common interests. Hypothetical state of nature , reason for political contract. Protection of the individual(independent ownership), property, from state itself. Common value of freedom, recognition of equality, tolerant of human differences (in private sphere) Based in labour we own our labour, and therefore we own what we mix our. Spoilage limitation as much and as good must be left for others, goods shouldn"t be left to spoil, not taking more than one could reasonably use. State is needed to protect property ownership rights enforces high moral values in people. Property ownership as moral: hard work, productivity, hard work, rationality virtue of property work to accumulate property, humans are naturally acquisitive. Property ownership therefore increases the amount of goods available reduces scarcity, creates efficiencies. Money may overcome spoilage problem doesn"t spoil, can be hoarded.
