书目名称 | Modern Monetary Theory and Distributive Justice |
编辑 | Justin P. Holt |
视频video | |
概述 | Provides an introduction to modern money theory.Argues that state spending can improve persons’ well-being without redistribution via taxation.Uses modern money theory to re-frame traditional distribu |
图书封面 |  |
描述 | .Modern Monetary Theory and Distributive Justice. shows how the macroeconomic framework called modern money theory (MMT) is relevant to the field of political philosophy called distributive justice. Many of the macroeconomic assumptions of distributive justice are unstated and unexamined. The framework of MMT illuminates these assumptions and provides an alternative vision of distributive justice analysis and prescriptions. In particular, MMT holds that modern money is a nominal state issued token (fiat), there is a distinction between nominal assets and real assets, that state money as a nominal token can cause changes in real terms, and that the macroeconomy has historically not operated at capacity. The upshot of these assumptions held by MMT is that state spending can bring about changes in persons’ well-being without traditional redistributive measures via taxation. This is in contradistinction to standard assumptions in the distributive justice literature, which holds that the macroeconomy is at capacity and, thus, redistribution is the necessary mechanism for enacting improvements in well-being. This is a fundamental shift in how distributive justice can be conceived.. |
出版日期 | Book 2023 |
关键词 | Modern Monetary Theory; Distributive Justice; Political Philosophy; Philosophy of Economics; modern mone |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-031-43304-7 |
isbn_softcover | 978-3-031-43306-1 |
isbn_ebook | 978-3-031-43304-7 |
copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |