KEY BENEFIT: This book introduces the philosophy of economic justice while presenting a non-dogmatic defense of the welfare state. It presents and describes libertarian capitalism, state socialism, and the welfare state with the purpose of determining which best satisfies the requirements of economic justice. Each system is then evaluated from the perspective of three widely recognized values: promoting human well-being, giving people what they deserve, and promoting human liberty. Though the book defends a particular position, it is also written to encourage readers to think about the issues intelligently and form their own educated views on the subject.
Written in a clear and readable style, Economic Justice explains the central ideas on the nature of capitalism, socialism, and the welfare state while providing concise discussions of the major theorists: Marx, Nozick, and Rawls. An important and valuable book for any reader interested in understanding and evaluating the current debates and issues of economic justice as they relate to capitalism and the welfare state.