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The aim in this article is to compare the merits and the limits of liberal socialism and of property-owning democracy through the specific case of the distribution of educational capital, by comparing two educational systems: the Pay It Forward (PIF) system and the Tax-subsidy scheme (TS) system. Based on the analysis of these two educational systems, we provide three arguments in favor of liberal socialist institutions in general and the PIF educational system in particular: (1) the individual common assets argument, (2) the principle of reciprocity argument, and (3) the predistribution argument.<\/jats:p>","DOI":"10.1007\/s11158-024-09695-7","type":"journal-article","created":{"date-parts":[[2024,12,2]],"date-time":"2024-12-02T13:33:17Z","timestamp":1733146397000},"update-policy":"https:\/\/doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":0,"title":["How Should We Distribute Education in Property-Owning Democracy and Liberal Socialism?"],"prefix":"10.1007","author":[{"given":"Raul","family":"Magni-Berton","sequence":"first","affiliation":[]},{"ORCID":"https:\/\/orcid.org\/0000-0002-4388-8682","authenticated-orcid":false,"given":"Roberto","family":"Merrill","sequence":"additional","affiliation":[]}],"member":"297","published-online":{"date-parts":[[2024,12,2]]},"reference":[{"key":"9695_CR1","doi-asserted-by":"publisher","DOI":"10.1515\/9781400883363","volume-title":"Unequal democracy: the political economy of the new gilded age","author":"LM Bartels","year":"2016","unstructured":"Bartels, L.M. 2016. 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