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Globalization and Economic
Ethics:
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Palgrave Macmillan (December 2007), ; 304 pages; ISBN-10: 0230600891 |
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What
is the appropriate criterion to use for distributive justice? Is
it efficiency, need, contribution, entitlement, equality, effort,
or ability? Globalization and Economic Ethics maintains that
far from being rival principles of distributive justice, efficiency
and need satisfaction are, in fact, complementary norms in our
emerging knowledge economy. After all, human capital plays
the central role in effecting and sustaining long-term efficiency
in the Digital Age. This book explores the vital link between
human capital formation and allocative efficiency using the properties
of the market and the knowledge economy as analytical tools. 