Nicholas Capaldi and Gordon Lloyd, Liberty and Equality in Political Economy: From Locke versus Rousseau to the Present. Cheltenham, UK and Northampton, MA: Edward Elgar Publishing, 2016. xii + 256 pages. $120.00 (hardcover)
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Nicholas Capaldi and Gordon Lloyd’s new book, Liberty and Equality in Political Economy: From Locke versus Rousseau to the Present, tells a story of evolving intellectual conversations in political economy. It frames these conversations into two sides; the liberty-oriented side represented by John Locke and the equality-oriented side represented by Jean Jacque Rousseau. Capaldi and Lloyd (hereafter, CL) contend that many of the major debates in political economy that have unfolded over the past three centuries can be fruitfully interpreted along this Locke-Rousseau divide. They sift major thinkers in political economy along the Locke-Rousseau intellectual divide. They comment on the important restatements, developments, and improvements of Locke and Rousseau’s original interpretations, down to the present. The work culminates with a nice treatment of Thomas Piketty.
The book is impressive for three reasons. First, the scope of the work is wide-ranging and interesting; CL offer an...