Fairness in Practice

Name: Fairness in Practice
Brand: Oxford University Press Inc
SKU: 9780199344567
Price: 201.0 RON
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A Social Contract for a Global Economy

Autor: Aaron James

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Editura: Oxford University Press Inc

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If the global economy seems unfair, how should we understand what a fair global economy would be? Wh...

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Autor

Aaron James

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2013

Pagini

382

EAN

9780199344567

ISBN

0199344566

Enbook ID

04532209

Editura

Oxford University Press Inc

Greutate

606

Dimensiuni

158 x 234 x 22

Descriere completă

If the global economy seems unfair, how should we understand what a fair global economy would be? What ideas of fairness, if any, apply, and what significance do they have for policy and law? Working within the social contract tradition, this book argues that fairness is best seen as a kind of equity in practice. The global economy as we know it is organized by an international social practice in which countries mutually rely upon common markets. This practice generates shared responsibilities of "structural equity," independently of humanitarian, human rights, or other justice concerns, for how benefits and burdens are distributed across different societies and their social classes. Equity in the practice of trade requires not only compensation of people harmed by their exposure to global economic forces, but also equal division of the "gains of trade," across and within societies, unless still greater gains flow to developing countries. Fairness therefore calls for strong social insurance schemes, international capital controls, policy flexibility for developing countries, and more-all as the "fair price" of free trade.

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Fairness in Practice

A Social Contract for a Global Economy

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