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Book Cover
E-book
Author McMullen, Steven

Title Should Wealth Be Redistributed? A Debate
Published Milton : Taylor & Francis Group, 2022

Copies

Description 1 online resource (299 p.)
Series Little Debates about Big Questions Ser
Little Debates about Big Questions Ser
Contents Cover -- Half Title -- Series Page -- Tiltle Page -- Copyright Page -- Table of Contents -- Acknowledgments -- Foreword -- Opening Statements -- 1. Redistribution to Expand Economic Opportunity -- 1 Introduction -- 2 What Does Justice Require of An Economic Order? -- 2.1 The Method in Which Wealth Is Obtained Matters -- 2.2 The Well-Beingof People Matters -- 2.3 Economic Opportunity -- 2.4 Opportunity to Participate: A Minimal Framework for Economic Justice -- 3 Poverty, Inequality, and Opportunity in the United States -- 3.1 Poverty Limits Opportunity -- 3.2 Inequality Limits Opportunity
3.3 Historic Racial Injustice -- 4 Redistribution for Economic Opportunity -- 4.1 Expand Nutrition Assistance -- 4.2 Expand Health Insurance Coverage -- 4.3 Universal Preschool -- 4.4 Opportunity Accounts -- 5 Economic Objections to Redistribution -- 5.1 The Cost of Redistribution -- 5.2 Behavioral Effects of Taxation -- 5.3 Behavioral Effects of Redistribution Programs -- 6 Conclusion -- 2. Justifying Wealth Redistribution: Can the High Burden Be Met? -- 1 Introduction -- 1.1 How to Begin -- 1.2 The High Justificatory Burden of Coercion -- 1.3 Equal Moral Agency -- 2 Benefiting the Poor
2.1 Relative Poverty -- 2.2 Wealth and Medicine -- 3 Punishing Wrongdoing -- 4 Fairness, Equality, and Equity -- 4.1 Defining and Applying Fairness -- 5 Social Insurance -- 5.1 Moral Hazard -- 5.2 The Tragic but Instructive Case of Madoff -- 5.3 Getting the Price Right -- 6 A Better Way -- 7 Conclusion -- First Round of Replies -- 3. Poverty, Moral Hazard, and the State: Reply to James R. Otteson -- 1 Three Opening Observations -- 1.1 Global Poverty, Economic Freedom, and Market Exchange -- 1.2 The Possibility of Welfare Capitalism -- 1.3 A World Without Redistribution?
2 Pragmatic Objections to Redistribution -- 2.1 Poverty Is Real, and It Does Not Seem To Be Going Away -- 2.2 Redistribution Works to Alleviate Poverty -- 2.3 Thinking Broadly about Moral Hazard -- 2.4 Waste in Government and Charities -- 3 The Just Society and the Failure of Markets -- 3.1 Choices, Preferences, and Needs -- 3.2 How Do We Respect People? -- 3.3 Beneficence and the Poor -- 4 Conclusion -- 4. Difficulties with the Wealth Redistribution Argument: Reply to Steven McMullen -- 1 Introduction -- 2 The Logic of McMullen's Basic Argument -- 2.1 Public Choice and the "Knave Principle"
2.2 What Remains -- 3 Economics and Justice -- 3.1 The Distributive Referee -- 4 Limitations on Economic Opportunity -- 4.1 Good Is Not Good Enough -- 4.2 Economic Burdens on the Young -- 5 The Seen and the Unseen in Redistribution -- 6 Conclusion -- Second Round of Replies -- 5. Distributive Justice, Economic Growth, and the Welfare State: Reply to Otteson's Reply -- 1 Introduction -- 2 Argument and Justification -- 3 What Are We Aiming for? -- 4 Does Redistribution Work? -- 5 Production, Debt, and Unseen Costs -- 6 Conclusion
Notes Description based upon print version of record
6. How to Care for the Poor and How Not to: Reply to McMullen's Reply
Subject Wealth
Wealth -- Social aspects
Form Electronic book
Author Otteson, James R
ISBN 9781000801903
100080190X