The body politic has private parts: market creation as a policymaking tool

Philosophical arguments about government contracting either categorically oppose it on legitimacy grounds or see it as largely anodyne. I argue for a normatively distinct kind of contracting – the advance market commitment, or AMC – and show that it is justified by the same liberal values that justi...

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Published inEconomics and philosophy Vol. 41; no. 2; pp. 340 - 356
Main Author Sankaran, Kirun
Format Journal Article
LanguageEnglish
Published Cambridge, UK Cambridge University Press 01.07.2025
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Online AccessGet full text
ISSN0266-2671
1474-0028
1474-0028
DOI10.1017/S0266267124000282

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Abstract Philosophical arguments about government contracting either categorically oppose it on legitimacy grounds or see it as largely anodyne. I argue for a normatively distinct kind of contracting – the advance market commitment, or AMC – and show that it is justified by the same liberal values that justify the welfare state.
AbstractList Philosophical arguments about government contracting either categorically oppose it on legitimacy grounds or see it as largely anodyne. I argue for a normatively distinct kind of contracting – the advance market commitment, or AMC – and show that it is justified by the same liberal values that justify the welfare state.
Author Sankaran, Kirun
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Issue 2
Keywords Contracting
markets
neoliberalism
mechanism design
privatization
Language English
License This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence (https://creativecommons.org/licenses/by/4.0/), which permits unrestricted re-use, distribution and reproduction, provided the original article is properly cited.
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Title The body politic has private parts: market creation as a policymaking tool
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