Georg Schmerzeck, a PhD candidate in Practical Philosophy, explores the evaluation of monetary systems using John Rawls' Political Theory of Justice. Focusing on Rawls' principles of safeguarding basic liberties and ensuring fair equality of opportunity, Schmerzeck applies these to the concept of sovereign money. He outlines challenges faced by sovereign money in upholding political liberties and fair opportunity, proposing solutions. Schmerzeck discusses potential benefits like direct investments and considers alternatives. While arguing that a sovereign money system aligns with Rawlsian justice principles, he acknowledges challenges and the need for alternative solutions to promote economic justice globally, considering critiques on compatibility with existing systems and past loss of sovereignty in the capitalist economy.
Тэги:
#monetary_reform #monetary_education #political_economy #macroeconomics #Rawlsian #Rawlsian_Philosophy #Georg_Schmerzeck #moral_economies