Morality and Power
On Ethics, Economics and Public Policy
Seiten
2017
Edward Elgar Publishing Ltd (Verlag)
9781786435552 (ISBN)
Edward Elgar Publishing Ltd (Verlag)
9781786435552 (ISBN)
Morality and Power offers a compelling critique of orthodox economic analysis and its impacts on public policy. Beginning by reviewing the historical progression of economic thought, Berry argues there has been a lack of crucial development in economic thinking in public policy since the economic crisis of 2008.
Morality and Power offers a compelling critique of orthodox economic analysis and its impacts on public policy. Mike Berry argues that the theoretical underpinning of evaluative tools like cost-benefit analysis rests on an incoherent concept of 'efficiency' derived from Paretian welfare economics.
Beginning by reviewing the historical progression of economic thought, Berry argues there has been a lack of crucial development in economic thinking in public policy since the economic crisis of 2008. The ethically unacceptable outcomes of the current public policy approach are exposed: most notably the support for policies that accentuate inequality and social polarization; the outbreak of crises in the financial sector, and the treatment of refugees and migrants. Finally, threats to liberal democracies in an age of rampant populism and rising nationalism are examined, offering noteworthy suggestions for an alternative democratic future.
Both students and practitioners of heterodox economics and public policy will find this book a compelling insight into the ethical concerns of neoliberal policies shaped by politicians and policymakers today.
Morality and Power offers a compelling critique of orthodox economic analysis and its impacts on public policy. Mike Berry argues that the theoretical underpinning of evaluative tools like cost-benefit analysis rests on an incoherent concept of 'efficiency' derived from Paretian welfare economics.
Beginning by reviewing the historical progression of economic thought, Berry argues there has been a lack of crucial development in economic thinking in public policy since the economic crisis of 2008. The ethically unacceptable outcomes of the current public policy approach are exposed: most notably the support for policies that accentuate inequality and social polarization; the outbreak of crises in the financial sector, and the treatment of refugees and migrants. Finally, threats to liberal democracies in an age of rampant populism and rising nationalism are examined, offering noteworthy suggestions for an alternative democratic future.
Both students and practitioners of heterodox economics and public policy will find this book a compelling insight into the ethical concerns of neoliberal policies shaped by politicians and policymakers today.
Mike Berry, Emeritus Professor, Centre for Urban Research, RMIT University, Australia
Contents: Preface Part I Foundations 1. Introduction 2. David Hume’s “Judicious Spectator” 3. Bentham’s Legacy 4. J.S. Mill’s Apostasy 5. The Retreat to the Margin Part II Analysis 6. The Concept of Economic Welfare 7. Cambridge versus Lausanne 8. What Is Efficiency? 9. Social Justice and Economic Policy 10. Is Democracy Possible? 11. Building a Consequentialist Framework Part III Outcomes 12. Privatization 13. Inequality 14. Financial Crisis 15. Environmental Crisis 16. Population Crisis 17. The Hollowing of Democracy Epilogue 18. Recapturing the High Ground Index
| Erscheinungsdatum | 01.02.2018 |
|---|---|
| Verlagsort | Cheltenham |
| Sprache | englisch |
| Maße | 156 x 234 mm |
| Themenwelt | Geisteswissenschaften ► Philosophie ► Ethik |
| Wirtschaft ► Volkswirtschaftslehre | |
| ISBN-13 | 9781786435552 / 9781786435552 |
| Zustand | Neuware |
| Informationen gemäß Produktsicherheitsverordnung (GPSR) | |
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