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Markets, merit and the dignity of labour

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  • Robert Sugden

    (University of East Anglia)

Abstract

In The Tyranny of Merit, Sandel recasts the discontent expressed in populism as a rejection of market morality and as an inarticulate plea for the restoration of civic virtue. He argues that a ‘market-based globalisation project’ has fostered meritocratic ideas which humiliate the victims of that project and undermine the dignity of labour. I question Sandel’s claim that meritocracy is a market value and the dignity of labour is not. I argue that his account of a moral alternative to normal market institutions—an economy in which individuals’ rewards are somehow aligned with their true merits—is deeply incoherent.

Suggested Citation

  • Robert Sugden, 2022. "Markets, merit and the dignity of labour," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 69(3), pages 323-338, September.
    • Handle: RePEc:spr:inrvec:v:69:y:2022:i:3:d:10.1007_s12232-022-00402-7
    DOI: 10.1007/s12232-022-00402-7
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    References listed on IDEAS

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    1. James Tobin, 1978. "A Proposal for International Monetary Reform," Eastern Economic Journal, Eastern Economic Association, vol. 4(3-4), pages 153-159, Jul/Oct.
    2. Robert A. Moffitt, 2003. "The Negative Income Tax and the Evolution of U.S. Welfare Policy," Journal of Economic Perspectives, American Economic Association, vol. 17(3), pages 119-140, Summer.
    3. Ms. Thornton Matheson, 2011. "Taxing Financial Transactions: Issues and Evidence," IMF Working Papers 2011/054, International Monetary Fund.
    4. Sugden, Robert & Wang, Mengjie, 2020. "Equality of opportunity and the acceptability of outcome inequality," European Economic Review, Elsevier, vol. 130(C).
    5. Robert Sugden, 1993. "Normative judgments and spontaneous order: The contractarian element in Hayek's thought," Constitutional Political Economy, Springer, vol. 4(3), pages 393-424, September.
    6. Luigino Bruni & Robert Sugden, 2013. "Reclaiming Virtue Ethics for Economics," Journal of Economic Perspectives, American Economic Association, vol. 27(4), pages 141-164, Fall.
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    More about this item

    Keywords

    Merit; Meritocracy; Dignity of labour; Contributive justice;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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