#canadian journal of law and jurisprudence

“Capitalism can degenerate into a rigid class system in which the economic prospects of some are guaranteed by their parents’ wealth while the prospects of others are evidently blighted by hopelessness. Such a society will exhibit widespread demoralization as people either become convinced (correctly) that their success bears little relation to their own efforts, or cling pathologically to individualist ideologies of desert and opportunity that are manifestly at odds with what is going on around them.”

Jeremy Waldron, 1993

From the article “Property, Justification and Need” published in the Canadian Journal of Law and Jurisprudence