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Morality and power : on ethics, economics and public policy / Mike Berry,..
Livre
Edited by Edward Elgar Publishing - 2017
Offering a compelling critique of orthodox economic analysis in the public realm, Mike Berry exposes the lack of development in economic thinking in public policy since the economic crisis of 2008. Focusing on both the ethically unacceptable outcomes of recent public policy and the threat of populism and rising nationalism, this book offers noteworthy suggestions for an alternative social democratic future. Both students and practitioners of heterodox economics and public policy will find this a compelling insight into the ethical concerns and social impacts raised by the political ascendency of neoliberal policies in recent decades.--
Part I. Foundations. Introduction. David Hume's 'judicious spectator'. Bentham's legacy. J.S. Mill's apostasy. The retreat to the margin. Part II. Analysis. The concept of economic welfare. Cambridge versus Lausanne. What is efficiency?. Social justice and economic policy. Is democracy possible?. Building a consequentialist framework. Part III. Outcomes. Privatization. Inequality. Financial crisis. Environmental crisis. Population crisis. The hollowing of democracy. Epilogue: recapturing the high ground.
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