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The Rule of Law and the Measure of Property
Abstract
When property rights and environmental legislation clash, what side should the Rule of Law weigh in on? It is from this point that Jeremy Waldron explores the Rule of Law both from an historical perspective - considering the property theory of John Locke - and from the perspective of modern legal controversies. This critical and direct account of the relation between the Rule of Law and the protection of private property criticizes the view - associated with the 'World Bank model' of investor expectations - that a society which fails to protect property rights against legislative restriction is failing to support the Rule of Law. In this book, developed from the 2011 Hamlyn Lectures, Waldron rejects the idea that the Rule of Law privileges property rights over other forms of law and argues instead that the Rule of Law should endorse and applaud the use of legislation to achieve valid social objectives.
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“This aligns with the arguments of Bessler (2020) and Waldron (2012), who assert that judicial independence is the cornerstone of democratic governance.”
From The Role of Law in Strengthening Democratic Governance (2025) · cites this paper as Waldron (2012)
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Metadata
- Authors
- Waldron, J.
- Affiliations
- University of Oxford (GB)
- Corresponding author
- Waldron, Jeremy
- ORCID
- Waldron, Jeremy
- Venue
- Cambridge University Press eBooks
- Publisher
- Cambridge University Press
- Published
- 2012-06-21
- OpenAlex
- W608165708
- Cited by
- 112
- References
- 69
- Citations by year
- 2026: 14 · 2025: 7 · 2024: 18 · 2023: 8 · 2022: 5 · 2021: 22 · 2020: 4 · 2019: 5 · 2018: 5 · 2017: 5 · 2016: 5 · 2015: 5 · 2014: 4 · 2013: 3 · 2012: 2
- FWCI
- 7.10
- Type
- book
- Language
- en
- Open access
- closed
- Locations
- Cambridge University Press eBooks (publishedVersion)
- eYLS (Yale Law School) (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Legal and Constitutional Studies
- Social Sciences › Law › Property Rights and Legal Doctrine
- Social Sciences › Political Science and International Relations › Comparative constitutional jurisprudence studies
- Keywords
- rule of law, property rights, private property, environmental law, John Locke, property theory, investor expectations, social goals, Jeremy Waldron
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