Re: ReOrient global Keynesianism (2) - Sen

[Clifford Poirot <cpoirot@xxxxxxxxxxx>]

WHat is most important about Sen, IMO, is that he connects a theory of
economic justice to a theory of the good, based on Aristotle, rather than a
theory of utility as does Rawls. Hence has has a more powerful and more
compelling argument for justice than does Rawls.



-----Original Message-----
From: g kohler [mailto:kohlerg@xxxxxxxx]
Sent: Wednesday, February 12, 2003 8:48 AM
To: pkt@xxxxxxxxxxxxxxxx
Subject: ReOrient global Keynesianism (2) - Sen


ReOrient global Keynesianism (2) - Sen

Amartya Sen (monetary causes of famines, Nobel laureate 1998) may not be a
(post)(-) Keynesian, but some of what he says (see, text below) would surely
have to be included in a modernized (global) (transnational)
(multi-civilizational) (multi-cultural) (multipolar) (ecologically sane)
(world-system) (post) (-) Keynesianism.

(1) Sen insists that globalization must be fair and equitable. (2) Sen calls
for global political and institutional change. (3) Sen calls for "global
construction", to use his expression. "Global construction in the face of
fundamental uncertainty" (and fundamental injustice) - could be a nice theme
for a post-Keynesian conference.

Gernot Köhler

["ReOrient", with capital letter "O", is a logo that appeared in a book
title by Andre Gunder Frank]

------------------------  Sen text  --------------------------------
REFERENCE:
Amartya Sen, "If It's Fair, It's Good: 10 Truths About Globalization"
International Herald Tribune, July 14, 2001

Sen writes: [quote] . . .
[1] Anti-globalization protests are not about globalization . .
[2] Globalization is not new, nor is it just Westernization . . .
[3] Globalization is not in itself a folly. . .

[4] The central issue is inequality: . . .
[5] The primary concern is the level of inequality, not its marginal change:
[6] The question is whether the distribution of gains is fair: . . .

[7] The use of the market economy can produce different outcomes: The
central question cannot be whether or not to make use of the market economy.
. . .The market economy can generate many different results, depending on
how physical resources are distributed, how human resources are developed,
what rules prevail and so on, and in all these spheres, the state and the
society have roles, within a country and in the world.

[8] The market is one institution among many. Aside from the need for public
policies that protect the poor (related to basic education and health care,
employment generation, land reforms, credit facilities, legal protections,
women's empowerment and more), the distribution of the benefits of
international interactions depends also on a variety of global arrangements.

[9] The world has changed since the Bretton Woods agreement: . . .
policy and institutional changes are needed: . . .

[10] Global construction is the needed response to global doubts: . . .

[end quote] [I inserted the numbering.]
______________________
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G. Köhler and E.J. Chaves (eds), Globalization: Critical Perspectives. Nova
Science, USA, 2003 -  with contributions by: Amin, Wallerstein, Chase-Dunn,
Kiljunen, Tausch, Bond, Haritatos, Frank, Gantman, Ross, Ünay, Hanappi,
Hanappi-Egger, Chaves, Köhler

G. Köhler and A. Tausch, Global Keynesianism: Unequal Exchange and Global
Exploitation. Nova Science, USA, 2002.