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The economy and poverty

Bucelli, Irene (2023) The economy and poverty. In: Schweiger, Gottfried and Sedmak, Clemens, (eds.) The Routledge Handbook of Philosophy and Poverty. Routledge Handbooks in Applied Ethics. Routledge, Abgindon, UK, 492 - 504. ISBN 9780367750992

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Identification Number: 10.4324/9781003162926-44

Abstract

Recent years have witnessed a growing discussion around the inadequacy of dominant conceptions of economic progress and highlighted how widely used metrics fail to capture things that make a difference to people’s lives. In this chapter, the “Beyond GDP” agenda is taken as a starting point and the literature on subjective well-being, capabilities, and relational equality is explored to show how these views, respectively, approach questions around what the role of the economy and of economic progress is, connecting these approaches with their descriptive and normative understanding of poverty. It discusses how this questioning of long-held conceptions of economic progress bears on concerns about specific aspects of the economy which are especially significant for poverty reduction strategies – focusing on growth and work in particular. The chapter shows how these concerns can rest on rather different normative grounds and how these reflect different policy priorities and possible solutions.

Item Type: Book Section
Official URL: https://www.routledge.com/The-Routledge-Handbook-o...
Additional Information: © 2024 selection and editorial matter, the editors; individual chapters, the contributors
Divisions: Centre for Analysis of Social Exclusion
School of Public Policy
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Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Date Deposited: 06 Nov 2023 14:30
Last Modified: 25 Apr 2024 17:09
URI: http://eprints.lse.ac.uk/id/eprint/120653

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