Detriments of Democratizing the Economy
Love advances three lenses through which we can view Kantian interpretations of property and intermeditated capitalism: the conventional view, the semi-determinate view, and the natural rights view. In the conventional view, property rights have no effect until established by law. They are not inherent and are instead ascribed power via democratic means, and hence Love notes that “rights regarding material objects in the world must be established through omnilateral lawgiving” (7). The semi-determinate view most closely mirrors the interpretations of Ripstein, and of Kant himself, suggesting a "provisional" right to property, which exists via original acquisition before the state. Upon the creation of a state, provisional rights must then be subject to “state redistributive measures”, ostensibly decided through “omnilateral lawgiving in the civil condition” (9). In this view, democratic will remains the primary determinant for property rights, but democratic means are constra...