Abstract

Contrary to Thomas Horne's propensity to consider arguments concerning property rights and poverty as exclusive and self‐contained topics within the political discourse of liberalism, they should be seen as part of the defense of democratic and market institutions that is central to the historical development of liberalism. The problems arising from the relationship of property rights to poverty, therefore, need to be included in any assessment of the success or failure of the institutions of a democratic market society to realize their objectives.

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