IDEAS home Printed from https://ideas.repec.org/a/nwe/godish/y2025i2p147-173.html

Ethics, Economic Rationality, and the Pursuit of Universality: Reconciling Privilege, Solidarity, and Recognition for Inclusive Human Rights

Author

Listed:
  • Ina Nikolova

    (Institute of Philosophy and Sociology, Bulgarian Academy of Science, Sofia, Bulgaria)

Abstract

This study examines the intersection of economic rationality, ethical considerations, and social recognition in addressing inequalities. A critical emphasis is laid on the traditional models of economic rationality based on self-interest. In contrast, the need for integration of moral reasoning, altruism, and sensitivity to cultural identity is highlighted. The analysis reveals that privilege is reproduced through intertwined economic, political, cultural, and educational mechanisms. Hence the need for a complex approach that combines distributive justice with reciprocal recognition is deemed significant. Against this backdrop, the role of education is arguably essential in terms of expanding capabilities, reducing stereotypes, and cultivating equal participation. Collaborative economic models and institutional incentives have been proposed to align self-interest with collective benefits, embedding altruistic principles into governance and market practices. More specifically, the importance of overlapping consensus across diverse cultural traditions is underscored to uphold universal rights without erasing differences. The significance of emotional factors such as empathy and fear is further acknowledged because they shape responses to inclusionary reforms. As a result, an economic framework with focus on human dignity and capability expansion is outlined, where ethical resource distribution, recognition, and solidarity might coalesce to foster equitable and inclusive societies resilient to political and economic fluctuations.

Suggested Citation

  • Ina Nikolova, 2025. "Ethics, Economic Rationality, and the Pursuit of Universality: Reconciling Privilege, Solidarity, and Recognition for Inclusive Human Rights," Godishnik na UNSS, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 147-173, December.
  • Handle: RePEc:nwe:godish:y:2025:i:2:p:147-173
    as

    Download full text from publisher

    File URL: https://unwe-yearbook.org/en/journalissues/article/11756
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwe:godish:y:2025:i:2:p:147-173. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.