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Big Idea Six: The Importance of Wealth and Economic Growth
Alex Taborrok • Modern Principles of Economics
Rawls explicitly rejected “welfare state capitalism,” arguing that we cannot create a fair economy through redistribution alone. As we have seen, the difference principle is concerned not just with income and wealth, but with inequalities of economic power and control and of opportunities for self-respect; and this broad perspective, in turn, point
... See moreDaniel Chandler • Free and Equal: A Manifesto for a Just Society
distinct elements, of which population is the first, real property the second, and personal property the third.
Alexis de Tocqueville • Democracy in America, Volume I and II (Optimized for Kindle)
Political economy ‘does not treat the whole of man’s nature … nor the whole conduct of man in society’, he argued in 1844. ‘It is concerned with him solely as a being who desires to possess wealth.’
Kate Raworth • Doughnut Economics: The must-read book that redefines economics for a world in crisis
The idea that capitalism can give us what we need has always been central to its defence. More efficiently than any other system, capitalism has, in theory, been able to identify what we’re lacking and deliver it to us with unparalleled efficiency. Capitalism is the most…
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