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Agency, Welfare, Equality, and Democracy

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Handbook of the Philosophical Foundations of Business Ethics

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Abstract

This chapter argues that when properly and normatively understood, trade policy, poverty reduction, and democratic progress are related in a “virtuous circle.” With the right sorts of policies and institutions, poor (and rich) countries can produce and export in ways that, on the one hand, reduce poverty and inequality and, on the other hand, broaden and deepen democracy. Improved standards of living and democratic quality, in turn, result in more economic productivity and better trading opportunities.

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Notes

  1. 1.

    See, especially, [2] and Parts II and III of [3].

  2. 2.

    See, [3] and [4].

  3. 3.

    See Chap. 4 of [2], and Chaps. 4–5 of [3].

  4. 4.

    For an extensive discussion of approaches to democratic theory and practice and a defense of deliberative democracy, see Chaps. 9 and 10 of [3].

  5. 5.

    See [5].

  6. 6.

    For further clarification and defense of these principles, see Chaps. 4–7 of [3], and [4].

  7. 7.

    See [3], pp. 134–36, 220–21, 229–30, 235–36, 365–68 and [9].

  8. 8.

    See, for example [10–12].

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Authors and Affiliations

  1. School of Public Policy, Institute for Philosophy & Public Policy, University of Maryland, Van Munching Hall 3111G, College Park, 20742, MD, USA

    Dr. David A. Crocker

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  1. Dr. David A. Crocker
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Correspondence to David A. Crocker .

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Editors and Affiliations

  1. Peter Löscher-Stiftungslehrstuhl für Wirtschaftsethik, Technische Universität München, München, Germany

    Christoph Luetge

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Crocker, D.A. (2013). Agency, Welfare, Equality, and Democracy. In: Luetge, C. (eds) Handbook of the Philosophical Foundations of Business Ethics. Springer, Dordrecht. https://doi.org/10.1007/978-94-007-1494-6_18

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  • DOI: https://doi.org/10.1007/978-94-007-1494-6_18

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-007-1493-9

  • Online ISBN: 978-94-007-1494-6

  • eBook Packages: Humanities, Social Sciences and Law

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