Markets, distributive justice and community: The egalitarian ethos of G.A. Cohen (Record no. 511396)

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fixed length control field 01978nam a2200169 4500
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fixed length control field 190919b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Albertsen, Andreas
245 ## - TITLE STATEMENT
Title Markets, distributive justice and community: The egalitarian ethos of G.A. Cohen
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Political Research Quarterly
300 ## - PHYSICAL DESCRIPTION
Extent 72(2), Jun, 2019: p.376-388.
520 ## - SUMMARY, ETC.
Summary, etc While markets are widely lauded as efficient and attractive allocation mechanisms, their moral limits remain a source of controversy. The writings of G. A. Cohen provide an important contribution to this debate. Cohen offers two critiques of the market. One is a distributive critique, which maintains that markets fail in eliminating the influence of differential luck on people’s lives. The other is a community critique, maintaining that market relations fall short of a community of mutual caring. These critiques differ in important ways from critiques developed by Satz and Sandel, and suggest a need to assess markets beyond desperate exchanges and the adverse effects of incentives. Cohen’s work also points to how we can realize distributive justice and community. His solution utilizes the supply and demand mechanism of the market as a signaling device rather than an allocation mechanism. High wages signal the importance of a specific job, but wage differences are subsequently taxed away. This peculiar market arrangement relies on moral rather than economic incentives and only works if it is combined with a communitarian ethos. This ethos solution is evaluated in light of recent criticisms that it would compromise the freedom to pursue personal projects, that incentives may express community, and that the competition it utilizes mitigates against community. In the end, these critiques are not deemed persuasive. - Reproduced.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Distributive justice
9 (RLIN) 11037
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element G.A. Cohen
9 (RLIN) 11038
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Main entry heading Political Research Quarterly
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Subject DIP Markets
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Source of classification or shelving scheme
Item type Articles
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Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2019-09-19 72(2), Jun, 2019: p.376-388. AR121042 2019-09-19 Articles

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