Economy and Morality
The Philosophy of the Welfare State
Yuichi Shionoya(Author)
Edward Elgar Publishing
Published on 27. June 2005
Book
Hardback
368 pages
978-1-85898-480-3 (ISBN)
Description
What is the purpose of the economy? To answer this intriguing and fundamental question, this book provides a systematic approach to economic ethics and constructs a relationship between the economy and morality; it expounds theoretical and practical issues of economic philosophy along two dimensions: values and institutions. On the dimension of values, Yuichi Shionoya explores the connections between the economy and morality by reconstructing a coherent system of ethics that coordinates the 'good, right, and virtue'. Based on this system of ethics, the book goes on to discuss the dimension of institutions and presents the philosophy of the welfare state, consisting of a tripartite contemporary institution of 'capitalism, democracy, and social security'. Economy and Morality is a remarkable contribution to economic ethics exploring key philosophical issues including efficiency versus justice and liberty versus excellence. Its unique emphasis is the economics of virtue, which is concerned with the virtuous utilization of economic resources for human development, and applied to the reform of the welfare state.
Economists, philosophers and scholars of social policy and the welfare state will all find this book of great interest - part of its appeal lying in its interdisciplinary approach to contemporary economic, political and social systems based on the synthesis of moral values.
Economists, philosophers and scholars of social policy and the welfare state will all find this book of great interest - part of its appeal lying in its interdisciplinary approach to contemporary economic, political and social systems based on the synthesis of moral values.
More details
Language
English
Place of publication
Cheltenham
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 234 mm
Width: 156 mm
ISBN-13
978-1-85898-480-3 (9781858984803)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Person
The late Yuichi Shionoya, formerly Emeritus Professor of Economics and President, Hitotsubashi University, Japan
Content
Contents: Preface Introduction: Two Banks of the River - A Metaphor Part I: Values 1. Economy and Morality: A Conceptual Framework 2. Efficiency and Justice 3. Liberty and Excellence Part II: Institutions 4. The Ethics of Capitalism 5. The Ethics of Democracy 6. The Ethics of Social Security 7. The Economy and the Morality of Social Security Reform Conclusions: In Pursuit of a Just and Excellent Society References Index