Book contents
- The Cambridge History of the European Union
- The Cambridge History of the European Union
- The Cambridge History of the European Union
- Copyright page
- Contents
- Figures
- Contributors to Volume I
- Acknowledgements
- Abbreviations
- Reflections on the History and Historiography of European Integration
- Part I Critical Junctures
- Part II Multilateralism and Geopolitics
- Market, Society and Security
- 7 A Pillar of the Golden Age? European Integration and the Trente Glorieuses
- 8 The End of Bretton Woods: Origins and European Consequences
- 9 The Vicissitudes of Market Europe
- 10 European Integration and the Challenges of Free Movement
- 11 The EU as a Global Trade Power
- 12 The Enduring Relationship between NATO and European Integration
- Global Challenges: International Politics, the Planet and the Universe
- Part III Perspectives and Ideas
- Index
- References
10 - European Integration and the Challenges of Free Movement
from Market, Society and Security
Published online by Cambridge University Press: 21 October 2023
- The Cambridge History of the European Union
- The Cambridge History of the European Union
- The Cambridge History of the European Union
- Copyright page
- Contents
- Figures
- Contributors to Volume I
- Acknowledgements
- Abbreviations
- Reflections on the History and Historiography of European Integration
- Part I Critical Junctures
- Part II Multilateralism and Geopolitics
- Market, Society and Security
- 7 A Pillar of the Golden Age? European Integration and the Trente Glorieuses
- 8 The End of Bretton Woods: Origins and European Consequences
- 9 The Vicissitudes of Market Europe
- 10 European Integration and the Challenges of Free Movement
- 11 The EU as a Global Trade Power
- 12 The Enduring Relationship between NATO and European Integration
- Global Challenges: International Politics, the Planet and the Universe
- Part III Perspectives and Ideas
- Index
- References
Summary
According to the economist Amartya Sen, there are at least two ‘moral’ defences of the market. The first, and most common, is instrumental: we should protect the market because of the ‘goodness of the results achieved’. The market produces goods, contributes to collective utility and increases our freedom of choice. The second, less common, defence is based on fundamental rights: the right to property and the freedom to transact prevail and are valid notwithstanding the outcome they produce. Accordingly, the market derives its procedural value from rights, which exposes this second defence to significant criticism if, in reality, these rights are exercised only by the few.
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- The Cambridge History of the European Union , pp. 262 - 283Publisher: Cambridge University PressPrint publication year: 2023