Economic Justice Approaches tackles the critical issue of how societies can equitably distribute economic progress, focusing on policies and ethical considerations surrounding wealth redistribution and poverty alleviation. It examines the widening economic disparities and the resulting social unrest, emphasizing the need to understand the mechanisms driving inequality.
The book uniquely blends historical context with modern theories, tracing the evolution of economic thought from classical utilitarianism to behavioral economics. For instance, it explores how progressive taxation and social welfare programs historically impacted income inequality, providing a basis for understanding contemporary debates.
The book adopts a multifaceted approach, exploring core concepts of economic justice, analyzing specific policies like universal basic income, and integrating theoretical analysis with practical recommendations. It progresses systematically, beginning with defining inequality dimensions, then evaluating policy impacts using empirical studies and case studies from various countries, and finally, offering a framework for effective policy design.
By considering political and institutional factors, the book provides valuable insights for policymakers, students, and anyone interested in informed debates about social welfare and taxation policies.
