CSD Working Paper WHOSE OWNERSHIP? WHICH SOCIETY? Robert Hockett CSD Working Paper No. 05-28 2005 Center for Social Development Whose Ownership? Which Society? Robert Hockett Assistant Professor Cornell Law School CSD Working Paper No. 05-28 2005 Center for Social Development George Warren Brown School of Social Work Washington University One Brookings Drive Campus Box 1196 St. Louis, MO 63130 tel 314-935-7433 fax 314-935-8661 e-mail:
[email protected] http://gwbweb.wustl.edu/csd ACKNOWLEDGEMENTS: Thank you to [Bruce Ackerman, Greg Alexander, Anne Alstott, Dick Arneson, Christian Barry, Kaushik Basu, Rick Brooks, Jerry Cohen, Marc Fleurbaey, Richard Freeman, John Geanakoplos, Michael Graetz, David Grewal, Henry Hansmann, George Hay, Ravi Kanbur, Doug Kysar, Daniel Markovits, Ted Marmor, Jerry Mashaw, Trevor Morrison, Sanjay Reddy, Mathias Risse, John Roemer, Susan Rose-Ackerman, Michael Sandel, Vicki Schultz, Amartya Sen, Michael Sherraden, Bob Shiller, Martin Shubik, Bill Simon and Roberto Unger ….] for helpful conversation as to various among the subjects of this article. They are not, of course, to blame for my enduring errors. Vysali Soundararajan provided first-rate research assistance. WHOSE OWNERSHIP? WHICH SOCIETY? Robert Hockett CONTENTS I. INTRODUCTION: AN “OWNERSHIP SOCIETY” THAT WE CAN CALL OUR OWN ……..…... 1 II. OWNING UP TO WHO WE ARE: THREE POLITICAL SELF-UNDERSTANDINGS…..………... 3 A. Civic Republicans ………………………………………..………..……..…... 3 B. Classical Liberals…………………………………………….……..……….. 11 C. Pragmatic Consequentialists …………………..………………………...….. 18 III. DRAWING OUT THE COMMON CORE: OUR EFFICIENT EQUAL-OPPORTUNITY REPUBLIC …....…………………………………………………………………. 23 A. Autonomy as Responsible Liberty ………………………………..……........ 24 B. Responsible Liberty as Equal Opportunity….………………………..…..…. 26 C. Sidestepping the Boundary Dispute……………………………………...….. 31 1. Core Opportunity-Endowments…………………….……………..……… 32 2.