Ethics of Economic Rationalism
John Wright | 2002-01-01 00:00:00 | University of New South Wales Press | 224 | Philosophy
The term "economic rationalism," closely tied to equally contentious terms like "neoliberalism, " "economic reform, " "structural adjustment," and "globalization," first entered the lexicon more than ten years ago. In this timely and exceptionally accessible work, philosopher John Wright tackles economic rationalism from a moral perspective. In non-technical language, he reviews the economic arguments for economic rationalism. He examines the ethnical defenses for economic rationalism, considers the many criticisms of economic rationalism, and weighs whether the moral defenses are truly valid.
Some of the many challenging issues the book confronts include:
Does economic rationalism work to maximize human happiness? Does inequality matter? Does the free market always ensure the survival of the economically 'fit?' Does the free market maximize individual liberties?
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