Chapter

Social justice and economic efficiency

Ben Jackson

in Equality and the British Left

Published by Manchester University Press

Published in print November 2011 | ISBN: 9780719073069
Published online July 2012 | e-ISBN: 9781781701454 | DOI: http://dx.doi.org/10.7228/manchester/9780719073069.003.0006
Social justice and economic efficiency

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This chapter examines the ideological impact of Keynes and other economists. It considers the ‘mild tempered evolutionary idealists’ and considers the arguments social democrats of the 1930s used to promote egalitarian objectives. An important theme was now given greater prominence and theoretical sophistication in the Left's egalitarian thought: the claim that equality could be reconciled with, and indeed enhance, economic efficiency. In essence, the egalitarian social democrats of this period tried to combine the traditional ethical idealism of writers such as Tawney with the economic theory of Marshall and Keynes.

Keywords: social democrats; 1930s; egalitarian; economic efficiency; Keynes; economic theory; equality; ethical idealism

Chapter.  16281 words. 

Subjects: UK Politics

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