My vision of economic morality is more or less Rawlsian: we should try to create the society each of us would want if we didn’t know in advance who we’d be. And I believe that this vision leads, in practice, to something like the kind of society Western democracies have constructed since World War II — societies in which the hard-working, talented and/or lucky can get rich, but in which some of their wealth is taxed away to pay for a social safety net, because you could have been one of those who strikes out.I like the fact that is is is simple but not simplistic. It isn't a slogan. It is a thoughtful reduction of a complex requirement down to something simple to understand and act on. It catches the "social" side of society and the ethic of caring for one's fellow humans. It doesn't mandate some overly saccharine do-goodism. It doesn't try to use guilt to motivate. It uses a positive argument that everybody can work through to appreciate what is needed. We may still differ in petty details, but the above gets the grand shape of ethics right.
Such a society doesn’t correspond to any kind of abstract ideal, whether it’s “people should be allowed to keep what they earn” or “from each according to his ability, to each according to his needs”. It’s a very non-Utopian compromise. But it works, and it’s a pretty decent arrangement (more decent in some countries than others.)
Tuesday, January 11, 2011
Krugman's Ethics
This strikes me as about a good a statement of ethics as you can get these days. From Krugman's NY Times blog:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment