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Should Differences in Income and Wealth Matter?
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Should Differences in Income and Wealth Matter?

Book Details

Format Paperback / Softback
ISBN-10 0521005353
ISBN-13 9780521005357
Publisher Cambridge University Press
Imprint Cambridge University Press
Country of Manufacture GB
Country of Publication GB
Publication Date Jan 28th, 2002
Print length 384 Pages
Weight 562 grams
Dimensions 15.00 x 22.80 x 2.60 cms
Ksh 5,300.00
Manufactured on Demand 0 in stock

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The essays in this volume assess the empirical and theoretical questions raised by inequalities of income and wealth. They consider empirical claims about the amount of equality in modern market economies and they ask if inequality is intrinsically immoral regardless of consequences.
Is there a moral obligation to reduce differences in income and wealth? There is an egalitarian tradition that condemns these differences, particularly as they arise in free-market capitalist society, as unfair or unjust. The opponents of this view argue that the material disparities of capitalist society have been brought about by voluntary mechanisms and thus accord with the freely exercised liberties of its citizens. They conclude that capitalist inequality is not vulnerable to the ethical complaints of its critics. They maintain that the standard of living achieved as a by-product of the marketplace and its inequalities could not be adequately reproduced under egalitarian institutions. The essays in this volume, written by prominent economists, philosophers, and academic lawyers, assess the empirical and theoretical questions raised by inequalities of income and wealth.

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