Designing a virtuous political economy: an adaptation of Unto This Last emphasizing individual conscience and self determination

IF 1.6 Q2 ECONOMICS

REVIEW OF SOCIAL ECONOMY Pub Date : 2021-02-10 DOI:10.1080/00346764.2021.1878260

K. Madden, Nicholas J. Armstrong

引用次数: 0

Abstract

ABSTRACT Flourishing life being the objective, John Ruskin’s Unto This Last (1866) posits that the implementation of virtue in political economy also reduces inequality and power-over structures of single individuals over multitudes, generates superior product quality and nurtures the ecological system. This essay re-introduces the primary directive of Unto This Last: to design an economics based in virtue. Adopting the virtues of higher order justice, affection, integrity, and ‘sense and firmness,’ this essay replaces Ruskin’s penchant for authoritarian paternalism with responsiveness to individual conscience and respect for self determination. Practical insight into a virtuous political economy includes explicit descriptions of virtuous economic behavior. This virtuous political economy makes explicit assumptions, adopts key definitions, expands on institutions, and reiterates implications.

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设计一个有道德的政治经济学:《直到最后》的改编，强调个人良知和自我决定

约翰·罗斯金（John Ruskin）的《Unto This Last》（1866）认为，以繁荣生活为目标，在政治经济中实施美德也减少了对个体结构的不平等和权力对群体结构的控制，产生了卓越的产品质量，并培育了生态系统。本文重新介绍了Unto This Last的主要指示：设计一种基于美德的经济学。本文采用了更高阶的正义、情感、正直和“理智和坚定”的美德，用对个人良知的回应和对自决的尊重取代了罗斯金对独裁家长作风的偏好。对良性政治经济的实践见解包括对良性经济行为的明确描述。这种良性的政治经济学做出了明确的假设，采用了关键的定义，扩展了制度，并重申了其含义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

REVIEW OF SOCIAL ECONOMY ECONOMICS-

CiteScore

2.60

自引率

10.00%

发文量

期刊介绍： For over sixty-five years, the Review of Social Economy has published high-quality peer-reviewed work on the many relationships between social values and economics. The field of social economics discusses how the economy and social justice relate, and what this implies for economic theory and policy. Papers published range from conceptual work on aligning economic institutions and policies with given ethical principles, to theoretical representations of individual behaviour that allow for both self-interested and "pro-social" motives, and to original empirical work on persistent social issues such as poverty, inequality, and discrimination.