F. Scott Fitzgerald claimed, “there are no second acts in American lives.” But I am on my third. I started out in the theatre, then became a lawyer, and then a political philosopher. What drove each move is that I was always outraged by injustice and wanted to find a better way to fight against it. For me, reading, writing, and teaching political philosophy turned out to be that way. The books on this list provide important lessons on how certain economic policies can cause injustice while others can cure it. Each has been around for a long time, but they are as relevant today as when they were first written.
I wrote...
On Unemployment: A Micro-Theory of Economic Justice: Volume 1
Despite the obvious problems caused by unemployment, political philosophers have long tended to ignore it as a source of injustice. Most view unemployment as a technical matter, with solutions dependent on the kind of empirical determinations that are best left to economists. But I think this is a mistake. Work is a major part of our social life, as well as something that provides many people with their sense of identity and self-respect. The unemployed are accordingly missing out on a great deal of what makes for a meaningful life, and not just on economic benefits. Unemployment therefore is a form of injustice, and society has a moral obligation to take action. The nature and extent of this moral obligation is what On Unemployment is dedicated to exploring.
I would have recommended John Maynard Keynes, The General Theory of Employment, Interest, and Money, which is one of the great masterworks of the twentieth century, but reading Keynes himself can be difficult.
Hansen’s book is the best summary available despite being more than 70 years old. And understanding Keynes is essential if you want to understand how certain economic policies continue to lead us astray.
A series of essays by one of the most respected Canadian political philosophers of the twentieth century.
I have recommended this book for the title essay, which provides a particularly insightful account of how people have thought about economic justice (or haven’t) over time.
In his final book, one of the giants of twentieth-century political philosophy returns to his key themes of state, class, and property as well as such contemporary questions as economic justice, human rights, and the nature of industrial democracy. Macpherson not only re-examines historical issues dealt with in his earlier works, such as the impact of Hobbes's economic assumptions on his political theories, but assesses the problematic future of democracy in a market society. This new edition includes an introduction by Frank Cunningham that places the book in the broader context of Macpherson's work.
How can a society as rich as ours leave so many people behind?
Published in 1958, this book opened my eyes to the importance of economic justice—I first read it in the late 1970s when I was nineteen.
But it is still mind-blowing today, for neither the wrongheadedness of prevailing economic policy nor the solutions that are available for us to do better have changed.
John Kenneth Galbraith's international bestseller The Affluent Society is a witty, graceful and devastating attack on some of our most cherished economic myths.
As relevant today as when it was first published over forty years ago, this newly updated edition of Galbraith's classic text on the 'economics of abundance', lays bare the hazards of individual and social complacency about economic inequality.
Why worship work and productivity if many of the goods we produce are superfluous - artificial 'needs' created by high-pressure advertising? Why begrudge expenditure on vital public works while ignoring waste and extravagance in the private sector of the…
A renowned economist and Harvard professor with a bit of a cult following, Schumpeter provides a realistic evaluation of what capitalism is and whether it can survive if it does not do more to help a wider range of people.
First published in 1942, Schumpeter’s fear was the rise of socialism, but what he had to say about the failings of capitalism back then applies with equal force today.
Schumpeter was the originator of the term “creative destruction” to describe how capitalism works, and Part II of the book was the inspiration for my paper, “Can Liberal Capitalism Survive?”
“Joseph Schumpeter’s classic Capitalism, Socialism and Democracy explains the process of capitalism’s 'creative destruction' — a key principle in understanding the logic of globalization." — Thomas L. Friedman, Foreign Policy
In this definitive third and final edition (1950) of his prophetic masterwork, Joseph A. Schumpeter introduced the world to the concept of “creative destruction,” which forever altered how global economics is approached and perceived. Now featuring a new introduction by Pulitzer Prize-winning Schumpeter biographer Thomas K. McCraw, Capitalism, Socialism and Democracy is essential reading for anyone who seeks to understand where the world economy is headed.
Winner of the Nobel Prize for Economics in 1977, Meade was on the moderate left.
He wanted a more just economy but did not advocate jettisoning capitalism. Here he gives his analysis of various economic problems, what causes economic injustice, and how to make this right.
The book can get technical at times, but his analyses and proposed solutions are as relevant today as they were when they were first presented.
Meade’s work was one of the inspirations for John Rawls, A Theory of Justice, the most important work of liberal political philosophy of the twentieth century.
First published in 1979, this fourth part of Principles of Political Economy applies the tools of economic analysis to the distribution of income and property. Professor Meade considers the problems of making interpersonal comparisons of welfare and of distinguishing between the efficiency and distributional aspects of changes in social welfare. He analyses the possible criteria for redistribution as between rich and poor members of the same generation, as between present and future generations, and - in the context of demographic policies - as between the born and the unborn. Special attention is given to the social factors (such as assortative…
I am adopted. For most of my life, I didn’t identify as adopted. I shoved that away because of the shame I felt about being adopted and not truly fitting into my family. But then two things happened: I had my own biological children, the only two people I know to date to whom I am biologically related, and then shortly after my second daughter was born, my older sister, also an adoptee, died of a drug overdose. These sequential births and death put my life on a new trajectory, and I started writing, out of grief, the history of adoption and motherhood in America.
I grew up thinking that being adopted didn’t matter. I was wrong. This book is my journey uncovering the significance and true history of adoption practices in America. Now, in the wake of the U.S. Supreme Court’s overturning of Roe v. Wade, the renewed debate over women’s reproductive rights places an even greater emphasis on adoption. As a mother, historian, and adoptee, I am uniquely qualified to uncover the policies and practices of adoption.
The history of adoption, reframed through the voices of adoptees like me, and mothers who have been forced to relinquish their babies, blows apart old narratives about adoption, exposing the fallacy that adoption is always good.
In this story, I reckon with the pain and unanswered questions of my own experience and explore broader issues surrounding adoption in the United States, including changing legal policies, sterilization, and compulsory relinquishment programs, forced assimilation of babies of color and Indigenous babies adopted into white families, and other liabilities affecting women, mothers, and children. Now is the moment we must all hear these stories.
Who Is a Worthy Mother?: An Intimate History of Adoption
Nearly every person in the United States is affected by adoption. Adoption practices are woven into the fabric of American society and reflect how our nation values human beings, particularly mothers. In the wake of the U.S. Supreme Court's overturning of Roe v. Wade, the renewed debate over women's reproductive rights places an even greater emphasis on adoption. As a mother, historian, and adoptee, Rebecca C. Wellington is uniquely qualified to uncover the policies and practices of adoption. Wellington's timely-and deeply researched-account amplifies previously marginalized voices and exposes the social and racial biases embedded in the United States' adoption industry.…
Interested in
philosophy,
Keynes,
and
presidential biography?
11,000+ authors have recommended their favorite books and what they love about them.
Browse their picks for the best books about
philosophy,
Keynes,
and
presidential biography.