Economics Dictionary of ArgumentsHome
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| Political economy: Classical political economy, founded by Adam Smith, David Ricardo and Karl Marx, was concerned in particular with
the distribution of income and wealth, the role of government in the economy, and the effects of economic growth on society. See also Economics, A. Smith, D. Ricardo, K. Marx._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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John Rawls on Political Economy - Dictionary of Arguments
I 259 Political economy/Rawls: by this I mean economic arrangements and political arrangements as well as the background institutions that are related to them. Welfare economics/K. J. Arrow/Rawls: Defines welfare economics in a similar way(1)(2)(3). Welfare/Rawls: I do not use this expression because it is reminiscent of utilitarianism. (RawlsVsUtilitarianism). >Utilitarianism, >Welfare economics, >Welfare state. The theory of justice as fairness treats social forms as closed systems. An economic system is also shaped by existing needs and necessities. The current cooperation between people in meeting these needs affects the way in which the needs of the future will look. These things are known and shared by such diverse authors as Marx and Marshall(4) >Fairness/Rawls, >Society/Rawls. I 260 Social order/Rawls: Problem: how does this reciprocal influence of needs, satisfaction and new needs in the initial situation of a society to be established, where people stand behind a veil of ignorance in relation to their future position, affect the possible shaping? Solution: only the most general assumptions about primary public goods (e. g. freedoms) are made. >Veil of ignorance. I 263 Economy/disagreement/RawlsVsArrow, K. J/Rawls: different from what K. J. Arrow(5) assumes, disagreement between parties is not a particular feature of idealism. In contract theory, it is part of the initial situation of a society to be established. It forms the content of the theory of justice as fairness. It tries to combine Kant's concept of the realm of purposes with that of autonomy and the categorical imperative. In this way, we can avoid metaphysical assumptions. >Contract Theory, >Purposes/Kant, >J.K. Arrow. 1. See K. J. Arrow and Tibor Scitovsky, Readings in Welfare, Homewood, 1969, p. 1. 2. A. Bergson, essays in Normative Economics, Cambridge, MA, 1966, pp 35-39,60-63,68f. 3. Amartya Sen, Collective Choice and Social Welfare, San Francisco, 1970, pp. 56-59. 4. See Brian Barry, Political Argument, London, 1965. 5. K. J. Arrow, Social Choice and Individual Values 2nd. Ed. New York, 1963, pp. 74f, 81-86._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Rawl I J. Rawls A Theory of Justice: Original Edition Oxford 2005 |
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