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Moral Political Economy and Poverty: Four Theoretical Schools Compared

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  • Wendy Olsen
  • University of Manchester

Abstract

This paper explores a pluralist approach to moral economy. Firstly, four schools of thought on the rental of land in India are described. The normatic and ontic assumptions of each school are described. Then I look closely at a debate between two feminist authors, Agarwal and Jackson. The advantage of the social researcher doing a meta-review of normatic positions in this instance is that we can compare and contrast meta-criteria for improvements and progress. Five moral reasoning strategies for meta-normative economic research are described and discussed. These suggest a need for more research on complex moral reasoning strategies.

Suggested Citation

  • Wendy Olsen & University of Manchester, 2005. "Moral Political Economy and Poverty: Four Theoretical Schools Compared," Economics Series Working Papers GPRG-WPS-031, University of Oxford, Department of Economics.
    • Handle: RePEc:oxf:wpaper:gprg-wps-031
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    File URL: https://ora.ox.ac.uk/objects/uuid:7f1f5999-31e0-43c7-9d65-0a1228811e8f
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    References listed on IDEAS

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    1. Joseph E. Stiglitz, 1974. "Incentives and Risk Sharing in Sharecropping," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(2), pages 219-255.
    2. Jackson, Cecile, 1996. "Rescuing gender from the poverty trap," World Development, Elsevier, vol. 24(3), pages 489-504, March.
    3. Wendy Olsen, 2006. "Pluralism, poverty and sharecropping: Cultivating open-mindedness in development studies," Journal of Development Studies, Taylor & Francis Journals, vol. 42(7), pages 1130-1157.
    4. Sheila C. Dow, 2012. "Structured Pluralism," Palgrave Macmillan Books, in: Foundations for New Economic Thinking, chapter 10, pages 162-177, Palgrave Macmillan.
    5. Bell, Clive & Srinivasan, T N, 1989. "Interlinked Transactions in Rural Markets: An Empirical Study of Andhra Pradesh, Bihar and Punjab," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 51(1), pages 73-83, February.
    6. Wendy Olsen & University of Manchester, 2005. "Pluralism, Poverty and Sharecropping: Cultivating Open-Mindedness in Development Studies," Economics Series Working Papers GPRG-WPS-008, University of Oxford, Department of Economics.
    7. Sharma, H.R., 2000. "Tenancy Relations in Rural India: A Temporal and Cross-Sectional Analysis," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 55(3), September.
    8. Abhijit V. Banerjee & Paul J. Gertler & Maitreesh Ghatak, 2002. "Empowerment and Efficiency: Tenancy Reform in West Bengal," Journal of Political Economy, University of Chicago Press, vol. 110(2), pages 239-280, April.
    9. Genicot, Garance, 2002. "Bonded labor and serfdom: a paradox of voluntary choice," Journal of Development Economics, Elsevier, vol. 67(1), pages 101-127, February.
    10. Emmanuel Skoufias, 1995. "Household Resources, Transaction Costs, and Adjustment through Land Tenancy," Land Economics, University of Wisconsin Press, vol. 71(1), pages 42-56.
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    Cited by:

    1. Wendy Olsen & University of Manchester, 2006. "Pluralist Methodology for Development Economics: The Example of Moral Economy of Indian Labour Markets," Economics Series Working Papers GPRG-WPS-053, University of Oxford, Department of Economics.

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    More about this item

    Keywords

    Tenancy; Pluralism; Schools of Thought; Moral Economy; Feminist Economics; Norms; Moral Reasoning;
    All these keywords.

    JEL classification:

    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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