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14 - Ethics and the Problem of Power

from Part V - Is a New Paradigm Possible?

Published online by Cambridge University Press:  25 November 2019

Alessandro Roncaglia
Affiliation:
Università degli Studi di Roma 'La Sapienza', Italy
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Summary

In the framework of a critical illustration of the contemporary history of economics, this chapter recalls the foundations of utilitarianism and the ethics of consequences and provides a survey of research on income inequalities. Then it provides a critical history of welfare economics. It illustrates Sen’s notion of capabilities. It opposes conservative, revolutionary and reformist views on the evolution of capitalism and, finally, discusses a rather unusual topic, the economists’ ethics.

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The Age of Fragmentation
A History of Contemporary Economic Thought
, pp. 349 - 376
Publisher: Cambridge University Press
Print publication year: 2019

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