Exploitation and economic justice in the liberal capitalist state / Mark R. Reiff.

Format:

Book

Author/Creator:

Reiff, Mark R.

Language:

English

Subjects (All):

Economics--Moral and ethical aspects.

Economics.

Justice--Economic aspects.

Justice.

Exploitation.

Liberalism.

Capitalism.

Physical Description:

1 online resource (359 p.)

Place of Publication:

Oxford : Oxford University Press, c2013.

Language Note:

English

Summary:

This title offers the first new, liberal theory of economic justice to appear in more than 30 years. The theory presented is designed to offer an alternative to the most popular liberal egalitarian theories of today and aims to be acceptable to both right and left libertarians too.

Contents:

Cover; Contents; Introduction; 1. Exploitation and Justice; 1.1 Exploitation and Marx; 1.2 Exploitation after Marx; 1.3 Exploitation as a Liberal Egalitarian Theory of Distributive Justice; 2. Exploitation and the Just Price; 2.1 The Just Price in the Ancient World; 2.2 The Just Price in the Medieval World; 2.3 The Just Price in the Renaissance, the Age of Enlightenment, and on into the Modern World; 2.4 What the History of Just Price Theory Has to Tell Us About Exploitation; 3. The Limits of Exploitation; 3.1 Gifts; 3.2 Commodification; 3.3 Contraband; 3.4 Capacity; 3.5 Voluntariness

3.6 Value4. What Price is Just?; 4.1 Market Price vs Cost of Production; 4.2 Accounting vs Economic Cost; 4.3 Marginal vs Average Total Cost; 4.4 Private vs Social Cost; 4.5 Accounting for Time; 4.6 Calculating the Cost of Labor; 4.6.1 Subsistence and Contextual Basic Needs; 4.6.2 When Compensation is Excessive; 5. Exploitation and Intolerable Unfairness; 5.1 The Scope of the Principle of Toleration; 5.2 Three Reasons for Toleration; 5.3 Toleration and Sales below the Just Price; 5.4 Toleration and Sales above the Just Price; 5.4.1 The First Level of Tolerable Unfairness

5.4.2 The Second Level of Tolerable Unfairness5.4.3 Intolerable Unfairness; 5.5 Toleration and Innovation; 5.5.1 The Investor and the Entrepreneur; 5.5.2 The Problem of Skew; 5.5.3 The Definition of "Goods"; 5.6 The Nature and Role of Profit; 6. Implementation and Enforcement; 6.1 The Indeterminacy of the View from Nowhere; 6.2 The Minimum Wage and Unemployment; 6.3 The Maximum Wage and the Flight of the Talented; 6.4 Minimum Prices and Public and Private Goods; 6.5 Maximum Prices and the Redistribution of Excess Profits; 6.6 The Fear of Full Employment and Inflation

6.7 Maximum Profitability and the Recognition of Income6.8 Exploitation and the Estate and Gift Tax; 6.9 Exploitation and Speculation; 6.10 Exploitation and Arbitrage; 6.11 Exploitation and Climate Change; 7. The Prospects for an Overlapping Consensus; 7.1 Exploitation and Libertarianism; 7.1.1 The Place of the Just Price in the Structure of Libertarian Thought; 7.1.2 Self-Ownership, Equal Liberty, and Negative Liberty; 7.2 Exploitation and Luck Egalitarianism; 7.3 Exploitation and the Difference Principle; 7.4 Exploitation, Equality of Opportunity, and the Demographics of Inequality

ReferencesIndex; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; Q; R; S; T; U; V; W; Y; Z

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

1-299-22384-2

0-19-164063-8

OCLC:

922971997