IDEAS home Printed from https://ideas.repec.org/p/ecl/harjfk/rwp14-011.html
   My bibliography  Save this paper

Three Images of Trade: On the Place of Trade in a Theory of Global Justice

Author

Listed:
  • Risse, Mathias

    (Harvard University)

  • Wollner, Gabriel

    (London School of Economics and Political Science)

Abstract

Economic theory teaches us that it is in every country's own best interest to engage in trade. Trade therefore is a voluntary activity among consenting parties. On this view, considerations of justice have little bearing on trade, and political philosophers concerned with matters of global justice should stay largely silent on trade. According to a very different view that has recently gained some prominence, international trade can only occur before the background of an existing international market reliance practice that is shaped by states. On this view, trade is a shared activity among states, and all participating states have in principle equal claims to the gains from trade. Trade then becomes a central topic for political philosophers concerned with global justice. The authors find fault with both of those views and argue instead for a third view about the role of a trade in a theory of global justice. That view gives pride of place to a (non-Marxian) notion of exploitation, which is developed here in some detail.

Suggested Citation

  • Risse, Mathias & Wollner, Gabriel, 2014. "Three Images of Trade: On the Place of Trade in a Theory of Global Justice," Working Paper Series rwp14-011, Harvard University, John F. Kennedy School of Government.
    • Handle: RePEc:ecl:harjfk:rwp14-011
    as

    Download full text from publisher

    File URL: https://research.hks.harvard.edu/publications/getFile.aspx?Id=1035
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Risse, Mathias, 2012. "A Précis of On Global Justice, With Emphasis on Implications for International Institutions," Scholarly Articles 9767978, Harvard Kennedy School of Government.
    2. James, Aaron, 2013. "Fairness in Practice: A Social Contract for a Global Economy," OUP Catalogue, Oxford University Press, number 9780199344567.
    3. James, Aaron, 2012. "Fairness in Practice: A Social Contract for a Global Economy," OUP Catalogue, Oxford University Press, number 9780199846153.
    4. Coldwell Daniel, 1990. "Pure Neoclassical Exploitation and the Level of Wages," American Journal of Economics and Sociology, Wiley Blackwell, vol. 49(1), pages 21-34, January.
    5. Satz, Debra, 2010. "Why Some Things Should Not Be for Sale: The Moral Limits of Markets," OUP Catalogue, Oxford University Press, number 9780195311594.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Häußermann, Johann Jakob, 2017. "Fairness in international trade policy: equality and differential treatment in theory and practice (working paper)," MPRA Paper 82246, University Library of Munich, Germany.
    2. Häußermann, Johann Jakob, 2017. "Fairness in International Trade Policy: Equality and Differential Treatment in Theory and Practice," EconStor Preprints 170695, ZBW - Leibniz Information Centre for Economics.
    3. Marco Meyer, 2021. "Dealing fairly with trade imbalances in monetary unions," Politics, Philosophy & Economics, , vol. 20(1), pages 45-66, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Häußermann, Johann Jakob, 2017. "Fairness in international trade policy: equality and differential treatment in theory and practice (working paper)," MPRA Paper 82246, University Library of Munich, Germany.
    2. Häußermann, Johann Jakob, 2017. "Fairness in International Trade Policy: Equality and Differential Treatment in Theory and Practice," EconStor Preprints 170695, ZBW - Leibniz Information Centre for Economics.
    3. Ian Loader & Adam White, 2017. "How can we better align private security with the public interest? Towards a civilizing model of regulation," Regulation & Governance, John Wiley & Sons, vol. 11(2), pages 166-184, June.
    4. Kader, Haithem, 2021. "Human well-being, morality and the economy: an Islamic perspective," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 28, pages 102-123.
    5. Risse, Mathias, 2014. "On the Significance of Humanity's Collective Ownership of the Earth for Immigration," Working Paper Series rwp14-009, Harvard University, John F. Kennedy School of Government.
    6. Casella, Alessandra & Turban, Sébastien, 2014. "Democracy undone. Systematic minority advantage in competitive vote markets," Games and Economic Behavior, Elsevier, vol. 88(C), pages 47-70.
    7. Katharina Huesmann & Achim Wambach, 2015. "Constraints on Matching Markets Based on Moral Concerns," CESifo Working Paper Series 5356, CESifo.
    8. Alshamy, Yahya & Coyne, Christopher J. & Goodman, Nathan, 2023. "Noxious government markets: Evidence from the international arms trade," Journal of Economic Behavior & Organization, Elsevier, vol. 205(C), pages 87-99.
    9. Gregory J. Robson, 2023. "How to Object to the Profit System (and How Not To)," Journal of Business Ethics, Springer, vol. 188(2), pages 205-219, November.
    10. Della Giusta, Marina & Di Tommaso, Maria Laura & Jewell, Sarah & Bettio, Francesca, 2019. "Quashing Demand Criminalizing Clients? Evidence from the UK," IZA Discussion Papers 12405, Institute of Labor Economics (IZA).
    11. Bjorn Bartling & Ernst Fehr & Yagiz ozdemir, 2023. "Does Market Interaction Erode Moral Values?," The Review of Economics and Statistics, MIT Press, vol. 105(1), pages 226-235, January.
    12. Della Giusta, Marina & Di Tommaso, Maria Laura & Bettio, Francesca & Jewell, Sarah, 2018. "Criminalising clients: some evidence from the UK," MPRA Paper 91480, University Library of Munich, Germany.
    13. Ewelina Badura, 2019. "Taxation Aspects of International E-Commerce," MIC 2019: Managing Geostrategic Issues; Proceedings of the Joint International Conference, Opatija, Croatia, 29 May–1 June 2019,, University of Primorska Press.
    14. Nasreen Nawaz, 2021. "Efficiency on the dynamic adjustment path in a financial market," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 45(1), pages 49-74, January.
    15. Sophie Bacq & Ruth V. Aguilera, 2022. "Stakeholder Governance for Responsible Innovation: A Theory of Value Creation, Appropriation, and Distribution," Journal of Management Studies, Wiley Blackwell, vol. 59(1), pages 29-60, January.
    16. Francesca Bettio & Marina Della Giusta & Maria Laura Di Tommaso & Sarah Jewell, 2016. "Stigmatising Prostitution: Some Evidence from the UK," Economics Discussion Papers em-dp2016-13, Department of Economics, University of Reading.
    17. Kevin Leportier, 2024. "Altruism and the Simple Argument for Markets," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-04571499, HAL.
    18. Axelsen, Dan & Underwood, Daniel A. & Friesner, Dan, 2009. "Cultural filtering in the hiring process and its relationship to welfare reform," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(3), pages 495-508, June.
    19. Nicolás Maloberti, 2019. "Markets in votes: Alienability, strict secrecy, and political clientelism," Politics, Philosophy & Economics, , vol. 18(2), pages 193-215, May.
    20. Piotr Dworczak & Scott Duke Kominers & Mohammad Akbarpour, 2021. "Redistribution Through Markets," Econometrica, Econometric Society, vol. 89(4), pages 1665-1698, July.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecl:harjfk:rwp14-011. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/ksharus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.