The Market Economy As A Social System
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Author | : Hiroto Tsukada |
Publisher | : Springer |
Total Pages | : 217 |
Release | : 2018-10-14 |
Genre | : Political Science |
ISBN | : 9789811318368 |
This book develops John Rawls’s theory of justice by adding reality-based analyses. This is accomplished by answering the question of who makes rules and how, and by providing new answers to three of today’s most practical and critical issues. The question of who and how makes rules is discussed first; and group orientation instead of individualism, and a balance of negotiating power instead of a veil of ignorance are presented as new answers to this question. Based on this new understanding of rulemaking, three important practical rules are subsequently discussed: the rule of distribution of land and other natural resources, including the question of natural talent or who should bear the costs of children’s education; the rule of distribution of products; and what motives support our acts of kindness. These rules are all dealt with from a shared perspective, viewing society as a single integrated construct. Equal distribution of land, not private but public payment of education fees, strengthening employees’ bargaining power, and moving toward nobility-based kindness are put forward as central answers. By addressing critical questions on social rules and proposing answers, this book provides reliable principles to fall back on in our daily lives, and in our rapidly changing, globalized world.
Author | : Hiroto Tsukada |
Publisher | : Springer |
Total Pages | : 224 |
Release | : 2018-08-30 |
Genre | : Political Science |
ISBN | : 9811318379 |
This book develops John Rawls’s theory of justice by adding reality-based analyses. This is accomplished by answering the question of who makes rules and how, and by providing new answers to three of today’s most practical and critical issues. The question of who and how makes rules is discussed first; and group orientation instead of individualism, and a balance of negotiating power instead of a veil of ignorance are presented as new answers to this question. Based on this new understanding of rulemaking, three important practical rules are subsequently discussed: the rule of distribution of land and other natural resources, including the question of natural talent or who should bear the costs of children’s education; the rule of distribution of products; and what motives support our acts of kindness. These rules are all dealt with from a shared perspective, viewing society as a single integrated construct. Equal distribution of land, not private but public payment of education fees, strengthening employees’ bargaining power, and moving toward nobility-based kindness are put forward as central answers. By addressing critical questions on social rules and proposing answers, this book provides reliable principles to fall back on in our daily lives, and in our rapidly changing, globalized world.
Author | : Bruce G. Carruthers |
Publisher | : Pine Forge Press |
Total Pages | : 268 |
Release | : 2000 |
Genre | : Social Science |
ISBN | : 9780761986416 |
Economy/Society provides an introduction to the ways in which economic exchanges are embedded in social relationships. It offers insights into advertising, consumer behaviour, conflicts in the work place, social inequality and other issues.
Author | : Peter Koslowski |
Publisher | : Springer Science & Business Media |
Total Pages | : 367 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 364272129X |
The social market economy forms a fundamental theory of the market economy and an integrated economic and ethical theory of the economic order in which the political and societal conditions for the working of the market are included in the theory of the market economy. The social market economy is presented as a universal theory of the decisions to be made about the economic order in all cultures and is analysed in its basic theoretical foundations and in its application to the transition process from the planned to the market economy, particulary in the privatisation of socialised property in Russia and former East Germany. Leading German and Russian experts in the field as well as four classical texts present a systematic analysis of the social market economy from the point of view of economics, law, and ethics.
Author | : |
Publisher | : Stanford University Press |
Total Pages | : 440 |
Release | : 1991-04 |
Genre | : Business & Economics |
ISBN | : 0804770395 |
The American economy is filled with so many contradictions today that it foils the best prophecies and most sophisticated forecasts by economists. This book is about those contradictions and the directions the economy could take in the future. In particular, it is about the central contradiction: government control and market freedom. How this contradiction is resolved is important not only for the United States but ultimately for countries around the world. The main thesis of this book is that social factors--rather than purely economic factors--are at the root of the contradiction between market freedom and government control. The author argues that the way markets are socially organized is critical to their capacity for operating independent of government controls. In essence, the social organization of the private economy is the key to the free market system. The economy can function more productively and humanely if efforts are made to reduce state controls and create a market system that is socially self-regulated. Important first steps in this direction are readily observable. The author evaluates two important trends in corporate self-management--worker participation and co-ownership--presenting evidence that these trends are both in the corporate self-interest and in the public interest. Self-regulation is beginning at the intercorporate level, where firms compete and collaborate profitably in trade associations. New cooperative associations of small firms are shown to out-compete conglomerates through value-adding partnerships that utilize information technology and require the establishment of cooperative norms. Self-regulation is advanced through social investment, the allocation of capital by combining ethical and economic criteria. Over $450 billion is now being invested with ethical guidelines, suggesting that a balance of social and economic factors will be a vital part of investment practice in the future. The author suggests that if the United States wants to retain a vital economy at home, it must carefully examine the advantages of the social organization of world finance and encourage the power of world markets to regulate themselves without destroying local and national economies.
Author | : Anthony James Nicholls |
Publisher | : Oxford University Press |
Total Pages | : 442 |
Release | : 2000 |
Genre | : Germany |
ISBN | : 9780198208525 |
This book goes behind the success story of the Federal Republic of Germany since the Second World War to examine the principles underpinning the so-called "economic miracle." A.J. Nicholls examines the intellectual origins and history of the concept of the Social Market Economy, and its implementation in the difficult years of post-war devastation and recovery in West Germany. He traces the struggle of liberal economists to assert their ideas in the unfavorable circumstances from 1933 to 1948, when they triumphed with Erhard's implementation of a policy of liberalization following currency reform. The book analyzes the extent to which West Germany's economic success was due to Erhard's policies, and assesses his attempts to attain the goals of the social market up to 1963, when he became Federal Chancellor. Nicholls's study makes an important contribution to our understanding of the historical dynamics of the German economy and the political culture of the Federal Republic.
Author | : Peter A. Hall |
Publisher | : Oxford University Press |
Total Pages | : 557 |
Release | : 2001 |
Genre | : Business & Economics |
ISBN | : 0199247749 |
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
Author | : Alexander Ebner |
Publisher | : Oxford University Press, USA |
Total Pages | : 423 |
Release | : 2008-07-31 |
Genre | : Business & Economics |
ISBN | : 0199231427 |
Where do markets come from and what drives their evolution? How do organizations cope with the competitive dynamism of markets? What is the role of governance mechanisms in the institutional coordination of markets? In this book, leading social scientists consider these questions and examine the institutional foundations of economic change.
Author | : Winfried Jung |
Publisher | : |
Total Pages | : 126 |
Release | : 1990 |
Genre | : |
ISBN | : 9783883453705 |
Author | : Ludwig-Erhard-Stiftung |
Publisher | : Lucius & Lucius DE |
Total Pages | : 416 |
Release | : 1982 |
Genre | : Capitalism |
ISBN | : 9783437502651 |