1. Republicanism and the market; 2. Republican freedom; 3. Liberalism before liberty; 4. The rise of commerce; 5. The market synthesis; 6. Republicanism in eclipse; 7. Markets and the new republicanism.
Addresses how the classical republican conception of freedom was challenged and finally overcome by the rise of modern market societies.
Eric MacGilvray is Assistant Professor of Political Science at Ohio State University. He is the author of Reconstructing Public Reason and of articles in a number of leading journals.
“In The Invention of Market Freedom, Eric MacGilvray skillfully
grapples with the republican tradition, deploying an innovative
problem centered approach to make sense of its ambiguity and
diversity. MacGilvray locates the origins of market freedom – a
concept at the center of a rival ideological tradition - in the
18th century synthesis of commercial republicanism and the natural
juristic tradition. Carefully tracing the processes by which market
freedom became dominant after its invention, MacGilvray underscores
the ideological elements at stake in thinking about freedom –
republican or market. Rather than view the contemporary revival of
republican freedom as an unproblematic alternative to market
freedom, MacGilvray explores the spheres and applications of both
conceptions, emphasizing their moral and political costs and
benefits. Clearly argued and well written, this historically and
normatively rich work is of wide appeal.”—Daniel Kapust, University
of Georgia
“This extraordinary, wide-ranging book builds on the republican
turn in political theory to explain and contextualize the rise of
the liberal, market-oriented account of freedom. MacGilvray deftly
traces out the complex relationships among virtue, liberty, and
status in early modern republican thought; and he shows that
republican thought evolved in divergent directions in the face of
modern commerce. The intellectual history of civic republicanism to
commercial liberalism is important in its own right, and helps
situate much that has been learned in the last generation about
republicanism and natural jurisprudence. The analytical and
normative argument that arises out of that history clears away much
confusion about concepts of liberty, and offers an important
challenge to the market liberal theory of freedom.”—Jacob T. Levy,
McGill University
“This is an important and topical book. MacGilvray ingeniously
revives the controversy over positive/negative liberty for
contemporary debates. How did freedom as collective, political
self-determination become supplanted by the notion of the
individual pursuit of autonomous ends in the market, and what does
this mean for us? This is a book that must be read by anyone
interested in contemporary liberalism and republicanism, and by
anyone concerned with the roles that government and markets should
play in the realization of liberty, personal and political,
today.”—John P. McCormick, University of Chicago, author of
Machiavellian Democracy
“Combining intellectual history and theoretical analysis, this
lively study is essential reading for anyone, philosopher or
economist, legal theorist or political scientist, who wants to
think about markets. More than that, indeed, it is the sort of
reading that would make anyone want to think about markets.”—Philip
Pettit, L.S.Rockefeller University Professor of Politics and Human
Values, Princeton University
"Highly recommended." - E. J. Eisenach, emeritus, University of
Tulsa, Choice
“The Invention of Market Freedom is an informative guide through a
great deal of intellectual history” -Stephen Ellis, University of
Oklahoma, The Review of Politics
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