國立高雄大學圖資館 |

Language: English

Back

Modern monetary theory and distributive justice

Record Type:	Electronic resources : Monograph/item
Title/Author:	Modern monetary theory and distributive justiceby Justin P. Holt.
Author:	Holt, Justin P.
Published:	Cham :Springer International Publishing :2023.
Description:	v, 104 p. :ill., digital ;24 cm.
Contained By:	Springer Nature eBook
Subject:	Distributive justice.
Online resource:	https://doi.org/10.1007/978-3-031-43304-7
ISBN:	9783031433047$q(electronic bk.)

Modern monetary theory and distributive justice
Holt, Justin P.

Modern monetary theory and distributive justice[electronic resource] /by Justin P. Holt. - Cham :Springer International Publishing :2023. - v, 104 p. :ill., digital ;24 cm.

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.

ISBN: 9783031433047$q(electronic bk.)

Standard No.: 10.1007/978-3-031-43304-7doiSubjects--Topical Terms:

183444
Distributive justice.

LC Class. No.: HG221 / .H65 2023

Dewey Class. No.: 339.2

Modern monetary theory and distributive justice
LDR:02138nmm a2200313 a 4500 001 652457
003 DE-He213
005 20231013133352.0
006 m d
007 cr nn 008maaau
008 240327s2023 sz s 0 eng d
020 $a 9783031433047$q(electronic bk.)
020 $a 9783031433030$q(paper)
024 7 $a 10.1007/978-3-031-43304-7 $2 doi
035 $a 978-3-031-43304-7
040 $a GP $c GP
041 0 $a eng
050 4 $a HG221 $b .H65 2023
072 7 $a HP $2 bicssc
072 7 $a PHI000000 $2 bisacsh
072 7 $a QD $2 thema
082 0 4 $a 339.2 $2 23
090 $a HG221 $b .H758 2023
100 1 $a Holt, Justin P. $3 717185
245 1 0 $a Modern monetary theory and distributive justice $h [electronic resource] / $c by Justin P. Holt.
260 $a Cham : $b Springer International Publishing : $b Imprint: Palgrave Macmillan, $c 2023.
300 $a v, 104 p. : $b ill., digital ; $c 24 cm.
520 $a 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.
650 0 $a Distributive justice. $3 183444
650 0 $a Money. $3 183429
650 1 4 $a Philosophy. $3 176573
650 2 4 $a Political Philosophy. $3 273774
650 2 4 $a Philosophy of Economics. $3 929314
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer Nature eBook
856 4 0 $u https://doi.org/10.1007/978-3-031-43304-7
950 $a Religion and Philosophy (SpringerNature-41175)