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Economic stability has become a visible problem of social justice. Despite this, a paradigm to justify distribution of stability both inside and outside production is lacking. This paper offers one kind of response by examining how a notion of property rights in stability changes how we conceive of the economic aspects of democratic rights and their rooting in common ownership and control of resources. To elaborate, the paper considers implications for the relation between egalitarian principles and policies and examines links between progressive public finance and the distribution of economic stability in more horizontal and hierarchical capitalist states.

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This essay explores how institutional responses to human development differentiate capitalist systems and shape developmental dimensions of stratification and freedom. I advocate differentiating the analyses of systems of institutions and freedom, including by setting out their developmental dimensions. Doing so allows me to analyse ethical and political problems of high inequality capitalism that Piketty highlights as they relate to the cooperative and developmental character of public services, and to set the BI project in relation to human development.