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Market operation and distributive justice: An evaluation of the ACCRA confession

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  • Graafland, J.J.

Abstract

In the so-called ACCRA declaration of 2004 the World Alliance of Reformed Churches (WARC) condemns neo liberal globalisation on grounds of lack of justice. This paper outlines ten alternative criteria for distributive justice. We show that Biblical ethics support various of these criteria, including distribution in accordance to needs, the capability approach of Sen, reward of productivity and procedural justice in transactions. Next, we present an overview of empirical research to the impact of international market operation on distributive justice. We evaluate the conclusion of the WARC that market operation is opposite to Christian faith.

Suggested Citation

  • Graafland, J.J., 2008. "Market operation and distributive justice: An evaluation of the ACCRA confession," MPRA Paper 20276, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:20276
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    Cited by:

    1. Clive Beed & Cara Beed, 2012. "A Biblical basis for localization," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 39(10), pages 802-817, August.

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    More about this item

    Keywords

    Distributive justice; libertarianism; moral desert; egalitarianism; Christian ethics; market operation; poverty; income inequality;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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