Corporate Institutions in a Weakened Welfare State: A Rawlsian Perspective

This paper re-examines the import of Rawls’s theory of justice for private sector institutions in the face of the decline of the welfare state. The argument is based on a Rawlsian conception of justice as the establishment of a basic structure of society that guarantees a fair distribution of primar...

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Bibliographic Details
Authors: Blanc, Sandrine (Author) ; Al-Amoudi, Ismael (Author)
Format: Electronic Article
Language:English
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Published: Cambridge Univ. Press 2013
In: Business ethics quarterly
Year: 2013, Volume: 23, Issue: 4, Pages: 497-525
Further subjects:B Justice
B corporate democracy
B Welfare State
B Self-respect
B basic structure
B Rawls
Online Access: Presumably Free Access
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Summary:This paper re-examines the import of Rawls’s theory of justice for private sector institutions in the face of the decline of the welfare state. The argument is based on a Rawlsian conception of justice as the establishment of a basic structure of society that guarantees a fair distribution of primary goods. We propose that the decline of the welfare state witnessed in Western countries over the past forty years prompts a reassessment of the boundaries of the basic structure in order to include additional corporate institutions. A discussion centered on the primary good of self-respect, but extensible to power and prerogatives as well as income and wealth, examines how the legislator should intervene in private sector institutions to counterbalance any unfairness that results from the decline of the welfare state.
ISSN:2153-3326
Contains:Enthalten in: Business ethics quarterly
Persistent identifiers:DOI: 10.5840/beq201323438