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The state and the Market in Rawls

Milton Fisk

pp. 347-364

This essay attempts to interpret John Rawls's concept of the state in hisTheory of Justice. His concept is not an analysis of the existing monopoly capitalist state. Such an analysis can be found in, for example,The Fiscal Crisis of the State by James O'Connor. Rawls's concept is, by contrast, not one of the actual state but of an idealized state. Ideals, though, touch reality at some point. At what point does Rawls's concept of the state touch reality?The market is the key to a realistic interpretation of Rawls's concept of the state. His view of the market is even at the basis of his renowned principles of justice.The "efficiency' and "freedom' of the market are prized by Rawls and other liberal theorists. Income inequality and large capital concentration threaten these prized virtues of the market. Rawls requires a strongly interventionist state to counteract the dangers of monopoly. His idealized state intervenes, not to promote concentration in the manner of the monopoly capitalist state, but to promote greater equality. This equality is needed if the market is to display efficiency and freedom. It is through this intervention that the state promotes justice.Properly interpreted, the assurance problem on which Rawls bases the need for the state arises from market tendencies. The market enables initial advantages to be increased. This is ultimately why people with advantages support the market, whether the context is private ownership or bureaucratic control within so-called market socialism. The inequality resulting from increasing initial advantages interferes with efficiency and freedom. Rawls's state intervenes to preserve the market while restraining it. This can be seen as an attempt to preserve class society from itself. Consequently, Rawls's conception of justice is founded on classes.

Publication details

DOI: 10.1007/BF01043747

Full citation:

Fisk, M. (1985). The state and the Market in Rawls. Studies in East European Thought 30 (4), pp. 347-364.

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