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Neo-Liberal IdeologyHistory, Concepts and Policies$
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Rachel S. Turner

Print publication date: 2008

Print ISBN-13: 9780748632688

Published to Edinburgh Scholarship Online: March 2012

DOI: 10.3366/edinburgh/9780748632688.001.0001

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Property: Individualism and ownership

Property: Individualism and ownership

Chapter:
(p.192) Chapter 8 Property: Individualism and ownership
Source:
Neo-Liberal Ideology
Author(s):

Rachel S. Turner

Publisher:
Edinburgh University Press
DOI:10.3366/edinburgh/9780748632688.003.0008

This chapter focuses on the concept of private property in Germany, Britain, and the United States, and on how different national strands of neo-liberalism draw on various intellectual traditions for their inspiration. It looks at the concepts of liberty, individualism, law, and justice in relation to the neo-liberal conception of private property. The chapter examines in detail neo-liberalism's interpretation of different forms of property ownership, in particular in relation to the modern corporation. It claims that the concept of property is fundamental for neoliberals as property forms the foundations of Western civilisation, acts as a basis for negative liberty by restraining the powers of government, and encourages the individual initiative which leads to free-market competition and economic efficiency.

Keywords:   Germany, Britain, United States, private property, neo-liberalism, property ownership, modern corporation

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