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This timely and provocative book challenges the conventional wisdom
that neoliberal capitalism is incompatible with social justice.
Employing public choice and market process theory, Nick Cowen
systematically compares and contrasts capitalism with socialist
alternatives, illustrating how proponents of social justice have
decisive reasons to opt for a capitalism guided by neoliberal
ideas. Cowen shows how general rules of property and voluntary
exchange facilitate widespread cooperation. Revisiting the works of
John Rawls, he offers an interdisciplinary reconciliation of
Rawlsian principles with liberal democracy by introducing 'robust
property-owning democracy', a new form of governance that aims to
achieve social justice via practical, liberal means. Chapters
address the knowledge problem and the incentive problem that emerge
when aiming for a fair distribution of social resources and
demonstrate how everyday political bargaining can help achieve just
outcomes for all. Utilising insights from philosophy, politics and
economics to show the role of market institutions and
constitutional government in producing social justice, this book is
crucial reading for academics, researchers and students of PPE and
the political sciences. Its practical policy proposals will further
benefit policymakers interested in mechanisms that spread the
benefits of economic growth equitably.
This volume of essays examines the empirical evidence on school
choice in different countries across Europe, North America,
sub-Saharan Africa and South Asia. It demonstrates the advantages
which choice offers in different institutional contexts, whether it
be Free Schools in the UK, voucher systems in Sweden or
private-proprietor schools for low-income families in Liberia.
Everywhere experience suggests that parents are `active choosers':
they make rational and considered decisions, drawing on available
evidence and responding to incentives which vary from context to
context. Government educators frequently downplay the importance of
choice and try to constrain the options parents have. But they face
increasing resistance: the evidence is that informed parents drive
improvements in school quality. Where state education in some
developing countries is particularly bad, private bottom-up
provision is preferred even though it costs parents money which
they can ill-afford. This book is both a collection of inspiring
case studies and a call to action.
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