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Wealth and Freedom

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  • Levine,David P.

Abstract

Modern life places a special emphasis on private affairs. Social institutions, and especially our economies, have been organized to facilitate the pursuit of private interests. At the center of this private world is a system of private property which, more than anything, satisfies our wants. Political economy studies the properties of this private world: How does it work, and how well does it satisfy our wants? What are the limits of the world of private affairs? Wealth and Freedom provides an introduction to political economy for the student or other interested nonspecialist. The book explores such key issues as the place of our economy in the larger social system, the importance of market institutions for individual autonomy, private enterprise as a system of economic development, poverty and inequality in market economies, global inequality, and the limits of the market and the role of government. Wealth and Freedom is distinctive in employing a rights-based approach to understanding and evaluating economic institutions. The author emphasizes the distinction between needs and wants as the basis for establishing the limits of the market, and concludes the book with a discussion of the relation between private wants and public ends.

Suggested Citation

  • Levine,David P., 1995. "Wealth and Freedom," Cambridge Books, Cambridge University Press, number 9780521447911, January.
    • Handle: RePEc:cup:cbooks:9780521447911
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    Cited by:

    1. Amavilah, Voxi Heinrich, 2007. "The effects of technology-as-knowledge on the economic performance of developing countries: An econometric analysis using annual publications data for Botswana, Namibia, and South Africa, 1976-2004," MPRA Paper 3482, University Library of Munich, Germany.
    2. Haider A. Khan, 2006. "Markets, Democracy and Economic Justice in the Age of Postmodernism: Fictions, "Factions", orFrictions? ," CIRJE F-Series CIRJE-F-418, CIRJE, Faculty of Economics, University of Tokyo.
    3. Haider A Khan, 2005. "Deconstructing Postmodernism and the Mainstream Developmental Discourse of Women's Empowerment in the (South) Asian Context," CIRJE F-Series CIRJE-F-386, CIRJE, Faculty of Economics, University of Tokyo.
    4. Haider Ali Khan, 2004. "Development as Freedom," CIRJE F-Series CIRJE-F-257, CIRJE, Faculty of Economics, University of Tokyo.
    5. Haider A. Khan, 2007. "Women's Rights as Human Rights: A Political and Social Economy Approach within a Deep Democratic Framework," CIRJE F-Series CIRJE-F-475, CIRJE, Faculty of Economics, University of Tokyo.
    6. Haider A. Khan, 2006. "Value, Social Capabilities, Alienation:The Right to Revolt," CIRJE F-Series CIRJE-F-410, CIRJE, Faculty of Economics, University of Tokyo.

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