Abstract
Our current economic regime, welfare state capitalism (WSC), according to John Rawls, is unable to realize his two principles of justice. WSC is a system in which productive property (capital) is largely controlled by a relatively small number of individuals. He proposes as an alternative that could realize justice property owning democracy (POD), where productive property (capital) would be more equally distributed among citizens. I criticize his argument on two grounds. First, Rawls is likely mistaken when he argues that justice cannot be realized under WSC. Second, there is good reason to think that POD is neither a coherent notion nor a plausible alternative.
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