The Just Economy

The Just Economy by Richard Dien Winfield explores what the economy should be, based on Hegel's Philosophy of Right. It shows how justice lies in self-determination, social freedom, and regulated economic relations to uphold family welfare, equal economic opportunity, and political autonomy.

Format: Hardback
Length: 258 pages
Publication date: 27 January 2022
Publisher: Taylor & Francis Ltd

First published in 1988, Richard Dien Winfield's The Just Economy is a groundbreaking work that delves into the core principles of what an economy should be. By undertaking a normative inquiry that has been largely overlooked by contemporary economists, Winfield's book offers a comprehensive exploration of the foundations of justice. Drawing upon Hegel's Philosophy of Right, Winfield demonstrates how justice lies in the self-determination of individuals and how the economy can be a vehicle for realizing social freedom. He also shows how economic relations must be regulated to safeguard family welfare, equal economic opportunity, and political autonomy.

In this profound work, Winfield exposes the flaws and shortcomings of past attempts to conceive economic justice, drawing upon the insights of ancient Greek philosophers, social contract thinkers, classical political economists, and Marx. He challenges the conventional wisdom and provides a fresh perspective on the ongoing debate between capitalism, socialism, and communism. The Just Economy is a crucial reading for thinkers and citizens alike, as it offers a comprehensive and nuanced understanding of the economic principles that underpin a just and equitable society.

Through his meticulous analysis and thoughtful arguments, Winfield sheds light on the complex interplay between economic systems, social structures, and individual rights. He emphasizes the importance of promoting economic growth and prosperity while also ensuring that the benefits are distributed fairly and that social inequalities are reduced. Winfield's vision of a just economy is grounded in the principles of equality, freedom, and responsibility, and he offers practical solutions to address the challenges facing economies around the world.

In conclusion, Richard Dien Winfield's The Just Economy is a seminal work that has profoundly impacted the field of economics. By challenging the status quo and offering a fresh perspective on the foundations of justice, Winfield has contributed to our understanding of what an economy should be and how it can contribute to the well-being of individuals and societies as a whole. This book is a must-read for thinkers, policymakers, and citizens who are committed to building a more just and equitable world.

Weight: 644g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032194592