Economics Dictionary of Arguments

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Subsidiarity: Subsidiarity in economics is the principle that decisions should be made at the lowest level possible, consistent with their effectiveness. This means that decisions should be made by the people who are most affected by them, and who have the best understanding of the local context. See also Decisions, Economy, Understanding, Society, Community, Organization, Administration.
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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.

 
Author Concept Summary/Quotes Sources

Michael Sandel on Subsidiarity - Dictionary of Arguments

Mause I 179f
Subsidiarity/Sandel: Sandel thesis: the principle of subsidiarity should not be overstretched: Certain goods change their moral quality when they are left to be allocated by the market. In such cases, the results of the market are not always desirable even with a unanimous (pareto-enhancing) market exchange. (1)
>Markets
, >Social goods.

1. Michael Sandel, Was man für Geld nicht kaufen kann: Die moralischen Grenzen des Marktes. Berlin 2012.

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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.

Sand I
Michael Sandel
The Procedural Republic and the Unencumbered Self 1984

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018


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