THE IDEA OF ‘‘COMMON GOOD’’ AND THE ROLE OF THE STATE IN PRESENT DAY SOCIAL ECONOMICS

Giuseppe Mastromatteo () and Stefano Solari ()
Additional contact information
Giuseppe Mastromatteo: Professor of Economics at Faculty of Economics, Institute of Economic Policy, Catholic University of the Sacred Heart, Largo Gemelli, 1, 20123 Milano, Italy
Stefano Solari: Professor of Political Economy, Dipartimento di Scienze Economiche e Manageriali, Universita` di Padova, Via del Santo, 33, 35123 Padova, Italy

Rivista Internazionale di Scienze Sociali, 2014, vol. 122, issue 1, 85-102

Abstract: This paper explores the meaning of the idea of common good as used in the classical political tradition in order to study its role in the present political economy. It first analyses the received meaning of the term ‘‘common good’’ in economics with the help of a brief sketch of its historical development. Subsequently, some analysis of the notion is performed and related to some existing economic literature. Its relevance and limitations, due to incomparability with some mainstream economics, will be underlined. As the idea of common good connects individual behaviour to some collective notion of ‘‘good’’, the paper will discuss the relationship between the idea of common good and the role of the state in the economy.

Keywords: common good; ethical economy; merit goods; practical reason; communality (search for similar items in EconPapers)
JEL-codes: A13 B40 E61 H11 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://riss.vitaepensiero.it/scheda-articolo_digit ... 001_0085-218075.html (text/html)
Yes

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vep:journl:y:2014:v:122:i:1:p:85-102

Access Statistics for this article

Rivista Internazionale di Scienze Sociali is currently edited by Maurizio Baussola

More articles in Rivista Internazionale di Scienze Sociali from Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore
Bibliographic data for series maintained by Vep - Vita e Pensiero ().