The Market, Happiness, and Solidarity - Graafland, Johan J
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The past two decades of market operation has generated welfare and economic growth in Western countries. But increasing income inequalities, depletion of the natural environment and the current financial crisis cause an intense debate about the advantages and disadvantages of the free market. This calls into question why one would favor more market competition as a mean to increase well being. This book contributes to the Christian debate about the market economy, clarifying the links between ethical values, Christian belief and economics as well as informing theologians and economists about…mehr

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Produktbeschreibung
The past two decades of market operation has generated welfare and economic growth in Western countries. But increasing income inequalities, depletion of the natural environment and the current financial crisis cause an intense debate about the advantages and disadvantages of the free market. This calls into question why one would favor more market competition as a mean to increase well being. This book contributes to the Christian debate about the market economy, clarifying the links between ethical values, Christian belief and economics as well as informing theologians and economists about recent economic insights into market operation in relation to three core values: welfare (and happiness), justice and virtues. The book considers the effect of market operation on welfare and happiness, how market operation relates to principles of justice and whether free market operation enforces or crowds out Christian virtues like love, humility and temperance.
Autorenporträt
Johan Graafland is Professor of 'Economics, Business and Ethics' and director of the Center for Corporate Social Responsibility at the Faculty of Economics and Business Administration of Tilburg University, the Netherlands.