Economic Justice

ISBN-10: 0137418442

ISBN-13: 9780137418442

Edition: 1998

List price: $88.00 Buy it from $36.69
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Description: The text is appropriate for a wide range of undergraduate college courses that cover issues such as political philosophy, ethics, contemporary issues, or economic justice offered by Philosophy, Economics, Political Science, or Sociology departments. This is an introduction to the philosophy of economic justice. Three kinds of economic systems are described: libertarian capitalism, state socialism, and the welfare state with the purpose of determining which best satisfies the requirements of economic justice. Each system is then evaluated from the perspective of three central, widely recognized values: promoting human well-being, giving people what they deserve, and promoting human liberty. Though the book does defend a particular position, it is also written to encourage students to think about the issues intelligently and form their own educated views on the subject.

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Book details

List price: $88.00
Copyright year: 1998
Publisher: Prentice Hall PTR
Publication date: 6/16/1997
Binding: Paperback
Pages: 144
Size: 6.25" wide x 9.25" long x 0.50" tall
Weight: 0.682
Language: English

Justice and Economic Systems
Introduction
Vast Disparities of Wealth
Are Disparities Defensible?
The Problem of Just Wages
Justice and Political Legitimacy
What's Ahead
Three Views
Capitalism
Private Ownership of Property
The Market System of Production and Distribution
To Each, According to . . . Socialism
Public Ownership of Property
A Planned Economy
To Each, According to . . . The Welfare State
Ownership of Property
A Market Distribution with Supplements
To Each, According to . . . Summing Up
The Case for Libertarian Capitalism
Productivity and Well-being
The Utilitarian Argument
Rewards for the Deserving
Liberty and Justice: The Entitlement Theory
The Case Against Government Intervention
The Overall Argument
Summing Up
Socialism and the Critique of Capitalism
Does Capitalism Maximize Human Well-Being?
The Distribution of Wealth
Does Capitalism Reward the Deserving?
Socialism and Desert
Capitalism, Socialism, and Individual Liberty
How Liberty Upsets Liberty
The Case for Socialism
Summing Up
Assessing Capitalism and Socialism
Promoting Well-Being
Assessing Capitalism and Socialism
The Utilitarian Argument
The Capitalist Reply to the Marginal Utility Argument
Are There Other Motivations?
Back to the Present
The Welfare State Solution
Playing It By Ear
The Limits on Utilitarian Arguments
Summing Up
Rewarding the Deserving
How Do We Tell What People Deserve? Moral Desert
Supply and Demand
Inherited Advantages
Moral Desert as a Patterned Conception of Justice
Socialism and Desert
The Rejection of the Personal Desert Criterion
Does Socialism Give People What They Deserve?
The Welfare State Solution
Is the Personal Desert Criterion Adequate?
Summing Up
Protecting Liberty
Capitalist versus Socialist Freedom
Socialism as a Threat to Freedom
The Welfare State Solution
Nozick's Challenge to the Welfare State
Does Liberty Upset Patterns?
Is Taxation on a Par with Forced Labor?
Where Do We Stand?
The Welfare State
Rawl's Defense of the Liberal Democratic Welfare State
Rawl's Method
The Original Position
The Veil of Ignorance
The Two Principles of Justice
The Difference Principle
Defending the Difference Principle
A Second Rawlsian Argument
Fair Equality of Opportunity
Implications for the Welfare State
Evaluating Rawlsian Justice
The Social Contract Method
The Difference Principle and Economic Justice
Some Morals of the Story
Summing Up
What Should Welfare States Provide?
How Much "Welfare?" The Emergency Relief State
Limitations of the Emergency Relief State
The Comprehensive Welfare State
Isn't This Socialism? In Defense of the Comprehensive Welfare State
Summing Up
The Comprehensive Welfare State: Objections and Replies
Libertarianism and the Function of Government
Encouraging Dependency
Incentive, Again
Do Nonworkers Deserve Resources?
Is Equal Opportunity Enough?
Summing Up
The Bottom Line
Vast Disparities
The Problem of Just Wages
Justice and Political Legitimacy
Utopian? Unrealistic?
For Further Reading
Index
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