Should Wealth Be Redistributed?: A Debate

The book explores the debate between James Otteson and Steven McMullen about whether governments should redistribute wealth. Otteson argues against redistribution, while McMullen advocates for it to ensure everyone has a minimal opportunity to participate in economic life. The authors investigate questions such as justice, the effectiveness of the welfare state, government intervention, and the best ways to help the poor.

Format: Paperback / softback
Length: 278 pages
Publication date: 20 December 2022
Publisher: Taylor & Francis Ltd

Rewritten text:

The distribution of wealth is a contentious issue in contemporary economics and political philosophy. In this book, a philosopher and an economist engage in a lively debate on this topic. James Otteson contends that respect for individual persons necessitates that the government should generally refrain from interfering with the outcomes of voluntary exchanges, rendering redistribution generally unjust. On the other hand, Steven McMullen argues that significant wealth redistribution is necessary to ensure that all individuals have a minimal opportunity to participate in economic life. Throughout the exchange, the authors explore various critical questions. They examine whether redistribution should be considered a matter of justice and what the appropriate standard should be. They also assess the effectiveness of the welfare state in combating poverty. They analyze the potential benefits and drawbacks of government intervention in the economy. Additionally, they explore the most effective means of fulfilling our obligations to assist the less fortunate, whether through government action, private philanthropy, or individual charity.

The book presents the arguments in clear and concise manner, making them accessible to readers and students without a deep background in economics, philosophy, or political theory. It fosters a robust exchange of ideas, with each author responding to the main arguments presented by the other. In-text definitions and a glossary of key terms are provided to enhance understanding. Section summaries offer an overview of the main arguments and a comprehensive bibliography for further reading.

In conclusion, this book provides a valuable contribution to the ongoing debate on wealth distribution. It offers readers a comprehensive exploration of the issues, arguments, and perspectives involved in this complex topic. Whether one agrees with the authors' positions or not, this book will undoubtedly stimulate thought and encourage further discussion on this important subject.

Weight: 382g
Dimension: 139 x 215 x 20 (mm)
ISBN-13: 9780367426620