The Solidarity Solution

The Solidarity Solution
Author: Kristi A. Olson
Publisher: Oxford University Press
Total Pages: 288
Release: 2020-10-15
Genre: Philosophy
ISBN: 0190907460

Kristi A. Olson asks: What is a fair income distribution? She rejects equal income shares: equal pay undercompensates workers in dangerous and onerous jobs. The envy test, which takes both income and work into account, fares better. Yet, a distribution in which no one prefers someone else's circumstances to her own-as the envy test requires-is unlikely to exist, and even when it does exist, the normative connection between envy and fairness has not been established. After critiquing existing answers, Olson invokes the idea of mutual justifiability: when someone claims that her situation should be improved at someone else's expense, she must be able to give a reason that cannot be reasonably rejected by a free and equal individual who regards everyone else as the same. To give the answer bite, Olson distinguishes two types of envy. Reasons based on personal envy can be reasonably rejected; reasons based on impersonal envy cannot. Olson then tests the solidarity solution against the theories of Ronald Dworkin, Philippe Van Parijs, and Marc Fleurbaey and applies it directly to the concrete issues of the gender wage gap and taxation. By providing a new approach to problems of fair resource allocation, The Solidarity Solution establishes philosophical discussion as critical to today's fight to end economic injustice.

The Solidarity Solution

The Solidarity Solution
Author: Kristi Olson
Publisher:
Total Pages:
Release: 2020
Genre: Income distribution
ISBN: 9780190907488

"As both the leftist political philosopher G.A. Cohen and the conservative economist Milton Friedman have pointed out, equal income is unfair to the hardworking. The ideal tax system-the one used to evaluate actual tax systems-would thus adjust taxation and redistribution for differential labor burdens. Measuring labor burdens, however, is no easy task. Some philosophers and economists attempt to sidestep the measurement problem by invoking envy-freeness. A distribution is envy-free when no one prefers someone else's bundle of goods (or bads) to her own. Yet, eliminating envy in the labor market is not always possible, and minimizing envy when it cannot be eliminated is not always fair. The Solidarity Solution provides an answer: fair labor-income bundles are those that could be justified to free and equal individuals. Part one develops the solidarity solution by showing how rigorous distributive implications can be derived from a relational ideal. Part two uses the solidarity solution to critique the competing theories of fair income distributions of Ronald Dworkin, Philippe Van Parijs, and Marc Fleurbaey. Finally, part three identifies implications for the gender wage gap and taxation"--

Solidarity Economics

Solidarity Economics
Author: Manuel Pastor
Publisher: Polity
Total Pages: 208
Release: 2021-10-25
Genre: Political Science
ISBN: 9781509544073

Traditional economics is built on the assumption of self-interested individuals seeking to maximize personal gain. This is far from the whole story, however: sharing, caring and a desire to uphold the collective good are also powerful individual motives. In a world wracked by inequality, social divisions, and ecological destruction, can we build an alternative economics based on our mutual co-operation? In this book Chris Benner and Manuel Pastor invite us to imagine and create a new sort of solidarity economics – an approach grounded in our instincts for connection and community – and in so doing, actually build a more robust, sustainable, and equitable economy. They argue that our current economy is already deeply dependent on mutuality, but that the inequality and fragmentation created by the status quo undermines this mutuality and with it our economic wellbeing. They outline the theoretical framing, policy agenda, and social movements we need to revive solidarity and apply it to whole societies. Solidarity Economics is an essential read for anyone who longs for an economy that can generate prosperity, provide for all, and preserve the planet.

The Solidarity Solution

The Solidarity Solution
Author: Kristi A. Olson
Publisher: Oxford University Press
Total Pages: 288
Release: 2020-10-15
Genre: Philosophy
ISBN: 0190907479

Kristi A. Olson asks: What is a fair income distribution? She rejects equal income shares: equal pay undercompensates workers in dangerous and onerous jobs. The envy test, which takes both income and work into account, fares better. Yet, a distribution in which no one prefers someone else's circumstances to her own-as the envy test requires-is unlikely to exist, and even when it does exist, the normative connection between envy and fairness has not been established. After critiquing existing answers, Olson invokes the idea of mutual justifiability: when someone claims that her situation should be improved at someone else's expense, she must be able to give a reason that cannot be reasonably rejected by a free and equal individual who regards everyone else as the same. To give the answer bite, Olson distinguishes two types of envy. Reasons based on personal envy can be reasonably rejected; reasons based on impersonal envy cannot. Olson then tests the solidarity solution against the theories of Ronald Dworkin, Philippe Van Parijs, and Marc Fleurbaey and applies it directly to the concrete issues of the gender wage gap and taxation. By providing a new approach to problems of fair resource allocation, The Solidarity Solution establishes philosophical discussion as critical to today's fight to end economic injustice.

Game Theory and Applications

Game Theory and Applications
Author: Tatsuro Ichiishi
Publisher: Academic Press
Total Pages: 449
Release: 2014-06-28
Genre: Language Arts & Disciplines
ISBN: 1483295052

Game Theory and Applications outlines game theory and proves its validity by examining it alongside the neoclassical paradigm. This book contends that the neoclassical theory is the exceptional case, and that game theory may indeed be the rule. The papers and abstracts collected here explore its recent development and suggest new research directions. - Explains many of the recent central developments in game theory - Highlights new research directions in economic theory which surpass the neoclassical paradigm - Includes game-theoretical analyses in economics, political science, and biology - Written by leading game theorists, economists, political scientists, and biologists

We Who Are Dark

We Who Are Dark
Author: Tommie Shelby
Publisher: Harvard University Press
Total Pages: 337
Release: 2009-06-30
Genre: Social Science
ISBN: 0674043529

We Who Are Dark provides the first extended philosophical defense of black political solidarity. Tommie Shelby argues that we can reject a biological idea of race and agree with many criticisms of identity politics yet still view black political solidarity as a needed emancipatory tool. In developing his defense of black solidarity, he draws on the history of black political thought, focusing on the canonical figures of Martin R. Delany and W. E. B. Du Bois.

Fundamental Rights in European Contract Law

Fundamental Rights in European Contract Law
Author: Chantal Mak
Publisher: Kluwer Law International B.V.
Total Pages: 399
Release: 2008-01-01
Genre: Law
ISBN: 9041126716

Our modern insistence on democratic social values has engendered an intense debate over the intersection of fundamental rights and contract law. In particular, case law in several European national jurisdictions has exerted significant pressure on traditional contract law instruments to conform more transparently with the fundamental rights enshrined in the EC Charter. This pressure is clearly evident in a number of societal areas subject to contract law, among them employment, housing, and privacy. It can even be argued, as this author does, that fundamental rights intermediate between politics and law. Taking its cue from many initiatives toward the development of a more coherent, even harmonised, European contract law, this book is the first major study to examine the following essential questions with detailed reference to actual judicial developments: • To what extent do fundamental rights affect contract law? • In which types of cases can fundamental rights be applied? • What does the explicit consideration of fundamental rights add to contract law adjudication? The author approaches the analysis along two different avenues: first, a comparative overview of developments in case law, and second, a more general theoretical view on the interaction between fundamental rights and rules of contract law which is tested against examples from various legal systems. The focus throughout is on developments in case law, because the impact of fundamental rights in contract law has been felt on the level of dispute resolution rather than on the level of legislation. Germany and the Netherlands are chosen because their judiciaries have been notable for their early and continuing attention to the theme, and England and Italy for perspectives on developments under common law and civil law systems respectively.

Norms, Values, and Society

Norms, Values, and Society
Author: Herlinde Pauer-Studer
Publisher: Springer Science & Business Media
Total Pages: 345
Release: 2013-06-29
Genre: Philosophy
ISBN: 9401724547

Norms, Values, and Society is the second Yearbook of the Vienna Circle Institute, which was founded in October 1991. The main part of the book contains original contributions to an international symposium the Institute held in October 1993 on ethics and social philosophy. The papers deal among others with questions of justice, equality, just social institutions, human rights, the connections between rationality and morality and the methodological problems of applied ethics. The Documentation section contains previously unpublished papers by Rudolf Carnap, Philipp Frank, Charles W. Morris and Edgar Zilsel, and the review section presents new publications on the Vienna Circle. The Vienna Circle Institute is devoted to the critical advancement of science and philosophy in the broad tradition of the Vienna Circle, as well as to the focusing of cross-disciplinary interest on the history and philosophy of science in a social context. The Institute's Yearbooks will, for the most part, document its activities and provide a forum for the discussion of exact philosophy, logical and empirical investigations, and analysis of language.

The Political Economy of Monetary Solidarity

The Political Economy of Monetary Solidarity
Author: Waltraud Schelkle
Publisher: Oxford University Press
Total Pages: 387
Release: 2017
Genre: Business & Economics
ISBN: 0198717938

Creating the European monetary union between diverse and unequal nation states is arguably one of the biggest social experiments in history. This book offers an explanation of how the euro experiment came about and was sustained despite a severe crisis, and provides a comparison with the monetary-financial history of the US. The euro experiment can be understood as risk-sharing through a currency that is issued by a supranational central bank. A single currency shares liquidity risks by creating larger markets for all financial assets. A single monetary policy responds to business cycles in the currency area as a whole rather than managing the path of one dominant economy. Mechanisms of risk-sharing become institutions of monetary solidarity if they are consciously maintained, but they will periodically face opposition in member states. This book argues that diversity of membership is not an economic obstacle to the success of the euro, as diversity increases the potential gains from risk sharing. But political cooperation is needed to realize this potential, and such cooperation is up against collective action problems which become more intractable as the parties become more diverse. Hence, risk-sharing usually comes about as a collective by-product of national incentives. This political-economic tension can explain why the gains from risk-sharing are not more fully exploited, both in the euro area and in the US dollar area. This approach to monetary integration is based on the theory of collective action when hierarchy is not available as a solution to inter-state cooperation. The theory originates with Keohane and Ostrom (1995) and it is applied in this book, taking into account the latest research on the inherent instability of financial market integration.