Some scholars and writers are trying to rehabilitate John Locke. They shouldn't — he was an apologist for slavery, not a champion of freedom.
John Quiggin, an Australian economist, blogs at Crooked Timber.
Jeffersonian Democrats made a serious attempt to implement Locke’s theories. Colonization and expropriation followed.
John Locke advocated for a world based on expropriation, enslavement, and serfdom.
John Locke's classical liberalism isn't a doctrine of freedom. It's a defense of expropriation and enslavement.
Cutting the banks down to size is good policy and good politics.