The Market of Equals: A Socialist Aspect of the Republican Trade

Vincent Bourdeau

Table of Contents


The defense of market economies in the liberal socialist tradition is useful: markets are tolerated insofar as they encourage enough circulation of wealth for some degree of ex post redistribution. On the other hand, the republican justification of markets, as stated in Pettit’s work, seeks to reduce domination. This article argues that this defense could be strengthened by adding a material egalitarian condition as an ex ante guarantee for more equal forms of exchange.