Discovery, Capitalism, and Distributive Justice
ISBN-13:
9780631161530
ISBN-10:
0631161538
Author:
Israel M. Kirzner
Publication date:
1989
Publisher:
Blackwell Pub
Format:
Hardcover
179 pages
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Book details
ISBN-13:
9780631161530
ISBN-10:
0631161538
Author:
Israel M. Kirzner
Publication date:
1989
Publisher:
Blackwell Pub
Format:
Hardcover
179 pages
Summary
Discovery, Capitalism, and Distributive Justice (ISBN-13: 9780631161530 and ISBN-10: 0631161538), written by authors
Israel M. Kirzner, was published by Blackwell Pub in 1989.
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Description
This book presents a new understanding of the idea of distributive justice in a capitalist economy. The author demonstrates that emphasis on the entrepreneurial role in market processes, in which products and resources are not given, but created and discovered as individuals, implies radically revised criteria of justice. He argues for the popular accepted notion of a "Finders-Keepers" role for distributive ethics. Mainstream economic and ethnical discussion of capitalism has generally taken the central issue as one of distributing a given "pie" among members of society, with incomes either earned through productivie effort or won as a result of sheer luck. Professor Kirzner's insight is to offer a new category of economic gain where incomes are the result of entrepreneurial alertness and discovery - the finder of any resource or product is seen to have created what he finds, not by hard work or chance, but by bringing it from invisibility to visibility. This leads to a fresh view of the problems of justice under capitalism, and a treatment which differs from both critics of capitalist justice, such as Rawls, and defenders like Nozick.
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