An espousal of equality, even the ontological equality at the intersection of Christianity and Lockean liberalism, must get around to answering this: what about property? (We saw a school production of Robin Hood Saturday that brought the issue back to mind.)
To someone steeped in the Book of Genesis as well as in Locke’s Second Treatise, property accumulation may feel like the moral equivalent of divorce. Jesus says that “Moses because of the hardness of your hearts suffered you to put away your wives: but from the beginning it was not so.” And John Locke’s version of the Garden of Eden, the state of nature, involved no accumulation of property as a means of oppressing others.
Joyce Appleby saw that Locke’s version of paradise connects property “with a moral end: God’s desire to provide sustenance for man. The labor which made the common gift into private property executed God’s design. The picked apple facilitated nourishment at the same time that it became private. The introduction of money, however, destroyed the moral purpose associated with God’s gift of the earth, for it removed the check on accumulation” (Appleby’s Liberalism and Republicanism in the Historical Imagination at 88 – 89).

Appleby says that Locke later, in effect, contradicted himself by championing the old balance-of-trade monetary theory during the recoinage battle of 1696. In that battle, he argued that mankind “put an imaginary value upon gold and silver. This intrinsic, unique value of specie had created the utility of money because it made possible a standard for all other commodities. Because men held gold and silver in unique esteem, they were willing to trade useful goods for them.” (I’m quoting Appleby’s summary of Locke’s position, not Locke himself.) Therefore, the king couldn’t put an arbitrary value on coins because people would always weigh the coin’s silver and trade it based on how much the silver was worth. Locke’s view was discredited on economic grounds, but it led to his conclusion that “the value of money was rooted in nature” (Appleby’s words), or at least in nature in the sense of beyond the reach of man or even kings to fix or change.
Locke was wrong from a macroeconomic standpoint, but he laid the metaphysical groundwork for Adam Smith some eighty years later. Smith added the market to liberalism’s doctrine as something that had a mind of its own — discernible, but incapable of being contradicted by tyrants or by anyone else, really — like natural law itself.
Looking out his Parisian window at pre-Revolutionary France, however, Jefferson wrote to Madison that the existence of the “unemployed poor” meant that “the laws of property have been so far extended as to violate natural right.” In a society with unemployment, private property is no longer God’s means of providing for his children but a means of oppressing them.
A longer excerpt from Jefferson’s letter:
Jefferson here seems to propose the end of primogeniture with regard to inheritance, an indexed property tax rate, and the grant of small parcels of land. But he leaves a qualified door open for other ideas (“legislators cannot invent too many devices for subdividing property, only taking care to let their subdivisions go hand in hand with the natural affections of the human mind”).
But why “silently” in Jefferson’s “silently lessening the inequality of property”? Because the rich would otherwise discover the lessening and stop it? Because (as happened in France a few years later) the loud lessening of equality means violent revolution? Because the dignity that people find in work requires that any supports remain silent, almost providential?