Purpose – The purpose of this paper is to propose a model that relates the desire for justice with welfare. Design/methodology/approach – The point of departure, elaborated in the first part of the paper, is the observation that we have no sense-organs for experiencing welfare and the...

Purpose – This article aims to provide a response to the papers in this issue. Design/methodology/approach – The methodology employed is philosophical. Findings – In her response, Nussbaum thanks the authors for their contributions and addresses their most salient arguments....

Purpose – The purpose of this paper is to investigate the significant factors determining foreign direct investment (FDI) in Cambodia, Laos, and Vietnam (ASEAN3) and Indonesia, Malaysia, the Philippines, Thailand, and Singapore (ASEAN5). Design/methodology/approach – This paper applies the...

Purpose The extent to which Amartya Sen’s capability approach is prefigured in Karl Marx’s views comes into sharper focus when one notes that Marx and Friedrich Engels explicitly argued that the transformation from capitalism to communism would involve the development of “a totality of...

Dualism - the division of an object of study into separate, paired elements - is widespread in economic and social theorising: key examples are the divisions between agency and structure, the individual and society, mind and body, values and facts, and knowledge and practice. In recent years,...

This paper aims to show that economic theory has become ‘desocialised’ and separated from social theory through the adoption of individualistic methods and neglect of social relations and structures. A historical overview traces how the social content of economic theory has diminished,...

Purpose – Greek social security system has a provision, under which women who have children are entitled to exit the labour force and claim pension benefits after completing 20 years of work and at a fully productive age. The critical issue arising from this regime is that it seems that...

Purpose – The paper aims to offer a new perspective on the strictly microeconomic nature of all of Islamic economics. Writers in this field continue to work in the mainstream tradition without noticing the micro-interface of the theoretical nature of Islamic economics. This paper aims to...

Purpose – The purpose of the paper is to examine the claim made by Wellington and Zandvakili that Thorstein Veblen would be opposed to globalization. Design/methodology/approach – The approach of the paper is to examine what Veblen actually said in order to provide evidence from Veblen's own...

Purpose – The purpose of this paper is to counter the misunderstanding by Paul Craig Roberts of empirical measures of economic freedom. Design/methodology/approach – The objective is achieved by citing Roberts' criticisms of the Fraser and Cato studies of economic freedom and demonstrating...