Politics & Government
Property-Owning Democracy vs. Welfare State Capitalism
Quick fact
John Rawls, the most influential political philosopher of the 20th century, argued that welfare-state capitalism fails his principles of justice because it allows a small class to control the economy and politics, whereas a property-owning democracy disperses capital to prevent domination.
Why this is interesting
Both systems call themselves 'capitalist,' but one tries to fix the game, the other only adjusts the scoreboard. Which one actually produces a just society?