To Mill, Russell, and Rawls at least, liberalism requires not just a "conciliation" with "social democracy" but a radical change in the nature of ownership and production.
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Dewey too: he was probably the loudest American voice in favor of economic democracy next to Debs, at least at the time, and I think he pretty much took Mill's half-time conversion towards socialism more to heart than most other Mill-inspired thinkers.
End of conversation
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Mill at the end of his life recognized private property didn’t fit his conception of liberty, and became something of a utopia socialist.
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