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  1. Christian Academic Books/
  2. Philosophy

Fairness in Practice

A Social Contract for a Global Economy

by Aaron James

  • Paperback
  • 382 pages
  • Publisher: Oxford University Press
  • 15.8 x 23.4 x 2.6 cm

£29.42

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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.
Fairness in Practice and Sacred And The Profane
Sacred And The ProfaneFairness in Practice

  • Author

    Aaron James

  • Book Format

    Paperback

  • Publisher

    Oxford University Press

  • Published

    September 2013

  • Weight

    523g

  • Page Count

    382

  • Dimensions

    15.8 x 23.4 x 2.6 cm

  • ISBN

    9780199344567

  • ISBN-10

    0199344566

  • Eden Code

    4563817

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