Republicans seek to protect and promote individual freedom. So do libertarians of the right. The difference? Republicans recognise that the market is constructed through political, public action. Freedom in the republican tradition requires enjoyment of the fundamental liberties with the security that only a rule of law can provide. You must be publicly protected and resourced in such a way that it is manifest to you and to all that under local (not unnecessarily restrictive) conventions: you can speak your mind, associate with your fellows, enjoy communal resources, locate where you will, move occupation and make use of what is yours, without reason for fearing anyone or deferring to anyone. You have the standing of a liber or free person; you enjoy equal status under the public order and you share equally in control over that order. [This post is part of the Democratic Wealth series, hosted by Politics in Spires in partnership with Our Kingdom.]

Democracy is morally prior to the economy. The structure of the economy is something a sovereign people may and should design and redesign to secure its common good – that is, the shared interest of each and every citizen in life, liberty and economic opportunity. This is the basic premise of the ‘Democratic Wealth’ series that I have the pleasure of editing. This is, however, by no means an uncontroversial premise.