The Concept of a Property-Owning Democracy and Its Political Plausibility.

This paper undertakes three tasks. First, I try to spell out what Rawls means by the idea of a "property-owning democracy"; second, I undertake a sympathetic reconstruction of what such a political economy might look like under modern conditions; and third, I address the question of whether there is a politically plausible path to move from "here to there": i.e., whether there is an imaginable route by which advanced democratic societies could effect a transition from current models of corporate capitalism to something approximating a property-owning democracy. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]