strategy and business

How to Make Property Work Better for Society

Radical Markets: Uprooting Capitalism and Democracy for a Just Society, by Eric A. Posner and E. Glen Weyl, Princeton University Press, 2018

‘‘Property,” French anarchist Pierre-Joseph Proudhon famously wrote, “is theft.” For this, among other radical political statements and beliefs, Proudhon was jailed — albeit rather gently, with regular furloughs from his Paris prison.

Each era gets its own version of “property is theft.” And now University of Chicago legal scholar Eric A. Posner and political economist E. Glen Weyl, a researcher at Microsoft, have delivered one for the era of markets. is an original and inventive effort at what you might call “market socialism.” It’s worth reading

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