Global economic justice

by Daniel Little My subject here is the role of ethical principles in the conduct of economic development planning and strategy. Bluntly, what does justice in development involve, and why should policy makers care? The field of “development ethics” has been around for at least fifty years, since the publications of Gunnar Myrdal (Myrdal, 1968). But it has received more focus and attention in the past thirty years, led by the brilliant work of Amartya Sen. Sen has many qualifications for theorizing about the ethics of development. He is a Nobel prize winning economist, he is an Asian by birth, … Continue reading Global economic justice

The capitalist life crisis

by Jeff Noonan The failure of the Durban Conference on Climate Change, (December, 2011) to agree to anything more substantial than that all nations would work together to develop binding targets for reduced greenhouse gas emissions by 2015 is a metonym for the life-crisis besetting globalised capitalism.[1] Because global capitalism subordinates what John McMurtry calls “life-value”  to the expansion and accumulation of  money-value, it progressively undermines the conditions of planetary life-support, human life-requirement satisfaction, and meaningful human life-capacity development and enjoyment.[2]  Resources, relationships, practices, norms, institutions, and forms of life-activity have life-value when they:  a) satisfy objective requirements of human … Continue reading The capitalist life crisis