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Market operation and distributive justice: An evaluation of the ACCRA confession

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  • Graafland, J.J.

Abstract

In the so-called ACCRA declaration of 2004 the World Alliance of Reformed Churches (WARC) condemns neo liberal globalisation on grounds of lack of justice. This paper outlines ten alternative criteria for distributive justice. We show that Biblical ethics support various of these criteria, including distribution in accordance to needs, the capability approach of Sen, reward of productivity and procedural justice in transactions. Next, we present an overview of empirical research to the impact of international market operation on distributive justice. We evaluate the conclusion of the WARC that market operation is opposite to Christian faith.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 20276.

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Date of creation: 2008
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Handle: RePEc:pra:mprapa:20276

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Keywords: Distributive justice; libertarianism; moral desert; egalitarianism; Christian ethics; market operation; poverty; income inequality;

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References

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  1. Dani Rodrik, 2002. "Feasible Globalizations," NBER Working Papers 9129, National Bureau of Economic Research, Inc.
  2. Pinelopi Koujianou Goldberg & Nina Pavcnik, 2007. "Distributional Effects of Globalization in Developing Countries," Journal of Economic Literature, American Economic Association, vol. 45(1), pages 39-82, March.
  3. Klok, H.J. & Schaik, A.B.T.M. van & Smulders, J.A., 2001. "Economologues: Liber Amicorum voor Theo van de Klundert," Open Access publications from Tilburg University urn:nbn:nl:ui:12-86472, Tilburg University.
  4. Jan-Egbert Sturm & Jakob De Haan, 2001. "How robust is the relationship between economic freedom and economic growth?," Applied Economics, Taylor & Francis Journals, vol. 33(7), pages 839-844.
  5. Calderon, Cesar & Loayza, Norman & Schmidt-Hebbel, Klaus, 2005. "Does openness imply greater exposure ?," Policy Research Working Paper Series 3733, The World Bank.
  6. Berggren, Niclas, 1999. " Economic Freedom and Equality: Friends or Foes?," Public Choice, Springer, vol. 100(3-4), pages 203-23, September.
  7. Steve Dowrick & Jane Golley, 2004. "Trade Openness and Growth: Who Benefits?," Oxford Review of Economic Policy, Oxford University Press, vol. 20(1), pages 38-56, Spring.
  8. Gustav Ranis & Frances Stewart, 2005. "Dynamic Links between the Economy and Human Development," Working Papers 8, United Nations, Department of Economics and Social Affairs.
  9. Graafland, J.J., 2001. "Social and economic aspects in the Old Testament," Open Access publications from Tilburg University urn:nbn:nl:ui:12-86759, Tilburg University.
  10. de Haan, Jakob & Sturm, Jan-Egbert, 2000. "On the relationship between economic freedom and economic growth," European Journal of Political Economy, Elsevier, vol. 16(2), pages 215-241, June.
  11. L. Alan Winters & Neil McCulloch & Andrew McKay, 2004. "Trade Liberalization and Poverty: The Evidence So Far," Journal of Economic Literature, American Economic Association, vol. 42(1), pages 72-115, March.
  12. ED Diener & Carol Diener, 1995. "The wealth of nations revisited: Income and quality of life," Social Indicators Research, Springer, vol. 36(3), pages 275-286, November.
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Cited by:
  1. Clive Beed & Cara Beed, 2012. "A Biblical basis for localization," International Journal of Social Economics, Emerald Group Publishing, vol. 39(10), pages 802-817, August.

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