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Justice and the Market, Libertarian argument of self-ownership: I own my…
Justice and the Market
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Chapter 3: Libertarianism - Do We Own Ourselves?
The Minimal State
- No paternalism
- No morals legislation
- No redistribution of income or wealth
Michael Jordan's Money
Example of Jordan's accumulated wealth, 2 problems with redistribution:
- requires continually repeated intervention
- intervention "violates Jodan's rights" and changes "results of voluntary transactions" (65)
Do We Own Ourselves?
Selling Kidneys
I own my body, I can sell parts of it
Assisted Suicide
It's my life, I can end it if I want to
Consensual Cannibalism
"An extreme form of assisted suicide", banning it is a violation of liberty (74)
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Free Market Philosophy
Only very limited market intervention allowed: contract enforcement, protection against force, theft, and fraud
Libertarian argument of self-ownership: I own my body, I can do whatever I want with it