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Corporate Institutions in a Weakened Welfare State: A Rawlsian Perspective

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  • Blanc, Sandrine
  • Al-Amoudi, Ismael

Abstract

This paper re-examines the import of Rawls’s theory of justice for private sector institutions in the face of the decline of the welfare state. The argument is based on a Rawlsian conception of justice as the establishment of a basic structure of society that guarantees a fair distribution of primary goods. We propose that the decline of the welfare state witnessed in Western countries over the past forty years prompts a reassessment of the boundaries of the basic structure in order to include additional corporate institutions. A discussion centered on the primary good of self-respect, but extensible to power and prerogatives as well as income and wealth, examines how the legislator should intervene in private sector institutions to counterbalance any unfairness that results from the decline of the welfare state.

Suggested Citation

  • Blanc, Sandrine & Al-Amoudi, Ismael, 2013. "Corporate Institutions in a Weakened Welfare State: A Rawlsian Perspective," Business Ethics Quarterly, Cambridge University Press, vol. 23(4), pages 497-525, October.
    • Handle: RePEc:cup:buetqu:v:23:y:2013:i:04:p:497-525_00
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    Cited by:

    1. M. Paula Fitzgerald & Jeff Langenderfer & Megan Lynn Fitzgerald, 2020. "Is It Ethical for For-profit Firms to Practice a Religion? A Rawlsian Thought Experiment," Journal of Business Ethics, Springer, vol. 166(1), pages 159-174, September.
    2. Klaser, Klaudijo & Pinar García, Lucía Desamparados, 2023. "Zero-rating and prioritization in Europe during the Covid-19 pandemic: a Rawlsian perspective on net neutrality," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
    3. Renato Peñaflor-Guerra & M. Victoria Sanagustín-Fons & Julianna Ramírez-Lozano, 2020. "Business Ethics Crisis and Social Sustainability. The Case of the Product “Pura Vida” in Peru," Sustainability, MDPI, vol. 12(8), pages 1-18, April.
    4. Abraham Singer, 2023. "What Sal Owes Mookie: What Do The Right Thing and Mangrove Teach us About Business Ethics," Journal of Business Ethics, Springer, vol. 188(3), pages 419-427, December.
    5. Pierre-Yves Néron, 2015. "Egalitarianism and Executive Compensation: A Relational Argument," Journal of Business Ethics, Springer, vol. 132(1), pages 171-184, November.
    6. Giuseppe Danese, 2017. "A social contract approach to sustainability," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 64(4), pages 327-339, December.
    7. Nuno Ornelas Martins, 2018. "Justice and the Social Ontology of the Corporation," Journal of Business Ethics, Springer, vol. 153(1), pages 17-28, November.
    8. Abraham Singer, 2018. "Justice Failure: Efficiency and Equality in Business Ethics," Journal of Business Ethics, Springer, vol. 149(1), pages 97-115, April.
    9. Michael Bennett, 2023. "Managerial Discretion, Market Failure and Democracy," Journal of Business Ethics, Springer, vol. 185(1), pages 33-47, June.
    10. Magali Fia & Lorenzo Sacconi, 2019. "Justice and Corporate Governance: New Insights from Rawlsian Social Contract and Sen’s Capabilities Approach," Journal of Business Ethics, Springer, vol. 160(4), pages 937-960, December.
    11. Sandrine Blanc, 2014. "Expanding Workers’ ‘Moral Space’: A Liberal Critique of Corporate Capitalism," Journal of Business Ethics, Springer, vol. 120(4), pages 473-488, April.

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