ABSTRACT

One of the ironies in the recent history of liberalism is that during the past twenty-five years, when the electoral collapse of the reform liberal consensus became obvious, there has been a revival of liberal political philosophy, driven particularly by a concern for individual rights. No one, not even Jefferson and Madison, could have imagined the extent to which individual rights guaranteed by the Bill of Rights and reinforced by the Fourteenth Amendment would be at the heart of twentieth-century politics. There is also an unwillingness to draw on social conventions, history or a theory of history, or any sense of communal as opposed to individual rights. The modern corporation is at the heart of a great deal of the economic and political inequality that must be dealt with by a theory of justice. It is deeply involved with individual rights, the well-being of communities, and the problems of distributive justice.