Justifying and Criticizing the Capitalist Market Economy: A Typology of Legitimation Criteria

Chapter
Part of the Transformations of the State book series (TRST)

Abstract

Based on a review and extension of extant classifications, Chapter 2 by Frank Nullmeier and Dominika Biegoń develops a typology of arguments for justifying and criticizing the capitalist market economy in economic and social science writing. Nullmeier and Biegoń show that four groups of legitimation criteria – ‘classical’ criteria going back to Adam Smith and Karl Marx as well as justice-, democracy- and culture-centred arguments and normative ideas – may be distinguished both in procapitalist and in anticapitalist thought and discourse. Their typology of criteria underpins the empirical analyses of the volume.

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Copyright information

© The Author(s) 2017

Authors and Affiliations

  1. 1.Department of Political Science, Research Centre on Inequality and Social Policy (SOCIUM)University of BremenBremenGermany
  2. 2.Friedrich-Ebert-StiftungBerlinGermany

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