Manchester University Press
3 Fair shares
Abstract
This chapter looks more systematically at debates about the distribution of income and wealth. It is divided into three sections, each addressing a concept that was fundamental to progressive thinking about this issue: equality, need, and incentive. It shows that the majority of progressives favoured the principles of need and, reluctantly, incentive, leading them to endorse a distributive pattern that was loosely, although not precisely, egalitarian. The final section of the chapter outlines the policies that followed from these theoretical commitments.
Abstract
This chapter looks more systematically at debates about the distribution of income and wealth. It is divided into three sections, each addressing a concept that was fundamental to progressive thinking about this issue: equality, need, and incentive. It shows that the majority of progressives favoured the principles of need and, reluctantly, incentive, leading them to endorse a distributive pattern that was loosely, although not precisely, egalitarian. The final section of the chapter outlines the policies that followed from these theoretical commitments.
Kapitel in diesem Buch
- Front matter i
- Epigraph v
- Contents vii
- Series editors’ foreword viii
- Acknowledgements ix
- List of abbreviations xi
- Introduction 1
-
Part I 1900–31: Foundations
- 1 Riches and poverty 17
- 2 From each according to their ability 38
- 3 Fair shares 59
-
Part II 1931–45: Economics
- 4 Marxists and social democrats 93
- 5 Social justice and economic efficiency 117
-
Part III 1945–64: Revisions
- 6 Means and ends 151
- 7 Let us face the future 183
- Conclusion 219
- Select bibliography 228
- Index 251
Kapitel in diesem Buch
- Front matter i
- Epigraph v
- Contents vii
- Series editors’ foreword viii
- Acknowledgements ix
- List of abbreviations xi
- Introduction 1
-
Part I 1900–31: Foundations
- 1 Riches and poverty 17
- 2 From each according to their ability 38
- 3 Fair shares 59
-
Part II 1931–45: Economics
- 4 Marxists and social democrats 93
- 5 Social justice and economic efficiency 117
-
Part III 1945–64: Revisions
- 6 Means and ends 151
- 7 Let us face the future 183
- Conclusion 219
- Select bibliography 228
- Index 251