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Preface Introduction: two banks of the river - a metaphor PART I VALUES 1 Economy and morality: a conceptual framework 1.1 The relationship between the economy and morality 1.2 Three ethical approaches: good, right, and virtue 1.3 The nature of moral values 1.4 The interest of social coexistence 1.5 The nature of economic values 1.6 Two schemes of social integration 2 Efficiency and justice 2.1 A critique of welfarism 2.2 Aspects of individuals 2.3 The social contract and the principles of justice 2.4 Rawls's turn to political philosophy 2.5 Institutional implications of the principles of justice 2.6 What is moral equality? 3 Liberty and excellence 3.1 The philosophical foundations of liberty 3.2 Persons and ownership 3.3 Persons and community 3.4 The ethics of virtue 3.5 Capability and excellence 3.6 Ideas of perfectionism PART II INSTITUTIONS The ethics of capitalism 4.1 Systems of information, incentives, and ownership 4.2 Competition as a metaphor of games 4.3 Record-type games: the ethics of excellence 4.4 Struggle-type games: the ethics of justice 4.5 Cooperation-type games: the ethics of trust 4.6 Two models of capitalism 5 The ethics of democracy 5.1 The private sphere and the public sphere 5.2 Union and disunion between capitalism and democracy 5.3 The logical dimension and value plurality 5.4 The functional dimension and the competitive system 5.5 The normative dimension and public reason 5.6 The possibility of deliberative democracy 6 The ethics of social security 6.1 The moral basis of social security 6.2 The interrelationship between values and institutions 6.3 Four theories of moral philosophy and the welfare state 6.4 Family, gender, and the ethics of care 6.5 Citizenship and the ethics of duty 6.6 Cultural values of well-being 7 The economy and the morality of social security reform 7.1 What is the crisis of the welfare state? 7.2 The essence of low fertility and the ageing population 7.3 The market: individual versus social responsibility 7.4 The family: intergenerational versus intragenerational justice 7.5 The state: insurance versus assistance 7.6 Positive social security Conclusions: in pursuit of a just and excellent society References Index |