Public Goods
This is an example of the theoretical thinking shifting the emphasis from faith and theoretical principles such as sovereignty to the socio-economic logic, as Karl Marx did. Thus modern political theorists typically legitimize the state with two major ideas: redistribution and the provision of public goods. In The Limits of Government, David Schmidtz (an economist) takes on the second of these ideas. While a market system may allow self-interested to create and allocate many goods optimally, there exists a class of "collective" - or "public goods" that are not produced adequately in a market system. These collective goods are goods that all individuals want but for whose production it is often not individually rational for people voluntarily to do their part to secure a collectively rational outcome. The state can step in and force us all to contribute toward the production of these goods, and we can all thereby be made better off. There are actually many different opinions when it comes to this topic.
Read more about this topic: Justification For The State
Famous quotes containing the words public and/or goods:
“Parenting, as an unpaid occupation outside the world of public power, entails lower status, less power, and less control of resources than paid work.”
—Nancy Chodorow, U.S. professor, and sociologist. The Reproduction of Mothering Psychoanalysis and the Sociology of Gender, ch. 2 (1978)
“The technological landscape of the present day has enfranchised its own electorates—the inhabitants of marketing zones in the consumer goods society, television audiences and news magazine readerships... vote with money at the cash counter rather than with the ballot paper at the polling booth.”
—J.G. (James Graham)