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-faire liberalism. The fact that Adam Smith also advocated several measures of economic policies for the regulation of banking, like a …
Persistent link: https://www.econbiz.de/10014630814
Since Pope Leo XIII wrote Rerum Novarum (1891), the Catholic Church, while opposing socialism, has adopted a skeptical and suspicious posture with regard to the free market. The popes have supported labor unions, the idea of a "just wage," and a variety of other interventions. Yet the economic...
Persistent link: https://www.econbiz.de/10014612475
Abstract This paper deals with changes in economic behaviour. It demonstrates how economic decision-making is formed by values and institutions, which provide a framework of economic processes. Changes in this framework appear as a result of human creativity and can be influenced by several...
Persistent link: https://www.econbiz.de/10014630824
Social class lies at the core of much that Marx said about the “laws of history.” Class conflict was to be the means whereby capitalism would be overthrown, superseded by a revolutionary dictatorship of the proletariat and, subsequently, by a communist society in which alienation and...
Persistent link: https://www.econbiz.de/10012043155
Persistent link: https://www.econbiz.de/10014846914
-edged sword. Sen not only risks causing his readers to append too much Mill to capabilities liberalism, but he also risks … implications of Sen’s readily identifying with Mill’s liberalism in particular, this essay also speculates on what it means to … identifies with Mill’s liberalism. Practical implications This paper also explores how such identification with a particular …
Persistent link: https://www.econbiz.de/10014807517
Purpose – Central to Martha Nussbaum's development of the capability approach into a theory of social and global … into a theory of social justice, then, rather than being set locally at different levels, the capability threshold may need …
Persistent link: https://www.econbiz.de/10014808004
Purpose – The purpose of this paper is to investigate new welfare indicators, which no longer rely solely on the gross domestic product but provide a more holistic understanding of welfare encompassing aspects such as health status, social inclusion or environmental quality. So far, it...
Persistent link: https://www.econbiz.de/10014807088
New Liberalism, focusing particularly on the issue of social reform in turn-of-the-century Britain. Design …/methodology/approach The question is approached in two ways: by exploring the theoretical structure of Hobhouse’s ethical theory (which can be … termed an “ethics of harmony”) through a textual analysis of his rights theory and distributive theory; and by comparing that …
Persistent link: https://www.econbiz.de/10014807182
based on their ideological underpinnings of classical liberalism and economic egalitarianism . Design …
Persistent link: https://www.econbiz.de/10014871456