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Families and Women in Alfred Marshall’s Analysis of Well-being and Progress

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  • Virginie Gouverneur

Abstract

Some commentators state that Marshall conceptualizes the well-being primarily in terms of the consumer’s surpluses, whose interdependence with the moral character rests on the ability of markets to produce their effects on character spontaneously. The purpose of the article is to show that evolutionary faith is not really enough to remove the tension between the economic and moral dimensions of Marshall’s definition of the well-being. Marshall understands that progress would not happen without assigning a peculiar role to families and women in cultivating family affections as an essential means to secure the link between these two dimensions. To prove this point, the article examines several economic texts written before Marshall’s major economic book, Principles of Economics, the first edition of which appeared in 1890. These writings have received little consideration in the existing literature about Marshall’s treatment of the role of women in a capitalist economy. Yet, they prefigure and allow to better understanding the theory expounded in Principles.

Suggested Citation

  • Virginie Gouverneur, 2022. "Families and Women in Alfred Marshall’s Analysis of Well-being and Progress," Working Papers of BETA 2022-35, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    • Handle: RePEc:ulp:sbbeta:2022-35
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    File URL: http://beta.u-strasbg.fr/WP/2022/2022-35.pdf
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Alfred Marshall; family environment; women’s role; well-being; progress.;
    All these keywords.

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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