The dramatic implosions of the centrally administered, non-democratic political systems in central and eastern Europe in the late 1980s have generated a body of research concerning the transition from public ownership, and the role of the market and other institutions in engendering good incentives for economic actors. The essays collected in this volume study property relations, their associated incentives and the consequent effects on welfare: the ubiquitous theme is that efficiency cannot be divorced from the distribution of productive assets.
The dramatic implosions of the centrally administered, non-democratic political systems in central and eastern Europe in the late 1980s have generated...
John E. Roemer, one of the founders of analytical Marxism, draws on contemporary mathematical economics to put forward a refined extension of the Marxian theory of exploitation, labour value and class.
John E. Roemer, one of the founders of analytical Marxism, draws on contemporary mathematical economics to put forward a refined extension of the Marx...
As John Roemer says in his introduction to this volume, 'During the past decade, what now appears as a new species in social theory has been forming: analytically sophisticated Marxism. Its practitioners are largely inspired by Marxian questions which they pursue with contemporary tools of logic, mathematics, and model building These writers are, self-consciously, products of both the Marxian and non-Marxian traditions.' This volume assembles substantial and original essays, both published and unpublished, by some of the leading practitioners of 'analytical Marxism'. The essays discuss a...
As John Roemer says in his introduction to this volume, 'During the past decade, what now appears as a new species in social theory has been forming: ...
Professor Roemer's goal in this book is to give a rigorous view of classical Marxian economic theory by presenting specific analytic models. The theory is not extended to deal with new problems, but it is deepened: Marxian theory is given micro-foundations and upon those foundations the author begins to rebuild a tightly constructed Marxian economics. The book begins, after a methodological introduction, with an examination of the Marxian notion of equilibrium and the theory of exploitation, and goes on to deal with the theory of the falling rate of profit. The next section explores one of...
Professor Roemer's goal in this book is to give a rigorous view of classical Marxian economic theory by presenting specific analytic models. The theor...
In this volume a diverse group of economists, philosophers, political scientists, and psychologists address the problems, principles, and practices involved in comparing the well-being of different individuals. A series of questions lie at the heart of this investigation: What is the relevant concept of well-being for the purposes of comparison? How could the comparisons be carried out for policy purposes? How are such comparisons made now? How do the difficulties involved in these comparisons affect the status of utilitarian theories? This collection constitutes the most advanced and...
In this volume a diverse group of economists, philosophers, political scientists, and psychologists address the problems, principles, and practices in...
This book presents fifteen essays, written over the past dozen years, that explore contemporary philosophical debates on egalitarianism, using the tools of modern economic theory, general equilibrium theory, game theory, and the theory of mechanism design. Egalitarian Perspectives is divided into four parts: the first part presents Roemer's influential reconceptualization of the Marxian theory of exploitation as a theory of distributive justice; the second part offers a critique of Ronald Dworkin's equality-of-resources theory; the third part introduces a novel application of the theory of...
This book presents fifteen essays, written over the past dozen years, that explore contemporary philosophical debates on egalitarianism, using the too...
Many believe that equality of opportunity will be achieved when the prospects of children no longer depend upon the wealth and education of their parents. Many also believe that democracy is the political institution that will bring about justice. This study asks whether democracy, modeled as competition between political parties that represent different interests in the polity, will result in educational funding policies that will, at least eventually, produce citizens with equal capacities (human capital), thus breaking the link between family background and child prospects.
Many believe that equality of opportunity will be achieved when the prospects of children no longer depend upon the wealth and education of their pare...
John Roemer points out that there are two views of equality of opportunity that are widely held today. The first, which he calls the nondiscrimination principle, states that in the competition for positions in society, individuals should be judged only on attributes relevant to the performance of the duties of the position in question. Attributes such as race or sex should not be taken into account. The second states that society should do what it can to level the playing field among persons who compete for positions, especially during their formative years, so that all those who have the...
John Roemer points out that there are two views of equality of opportunity that are widely held today. The first, which he calls the nondiscriminat...
In this book, John Roemer presents a unified and rigorous theory of political competition between parties. He models the theory under many specifications, including whether parties are policy oriented or oriented toward winning, whether they are certain or uncertain about voter preferences, and whether the policy space is uni- or multidimensional. He examines all eight possible combinations of these choice assumptions, and characterizes their equilibria.
He fleshes out a model in which each party is composed of three different factions concerned with winning, with policy, and with...
In this book, John Roemer presents a unified and rigorous theory of political competition between parties. He models the theory under many specific...
From the Republican Party's "Southern Strategy" in the U.S. to the rise of Le Pen's National Front in France, conservative politicians in the last thirty years have capitalized on voters' resentment of ethnic minorities to win votes and undermine government aid to the poor. In this book, the authors construct a theoretical model to calculate the effect of voters' attitudes about race and immigration on political parties' stances on income distribution.
Drawing on empirical data from the U.S., Britain, Denmark, and France, they use their model to show how parties choose their...
From the Republican Party's "Southern Strategy" in the U.S. to the rise of Le Pen's National Front in France, conservative politicians in the last ...