The Role of Vested Interests in the Evolution of the Notion of “Just World”

Felipe Almeida

Journal of Economic Issues, 2024, vol. 58, issue 2, 549-555

Abstract: To establish the meaning of a “just world” is a complex task as a “just world” is associated with a belief system of what is understood as right, wrong, desirable, or undesirable. The meaning of a “just world” is part of an evolutionary process that regards the material, social, and intellectual environments. As addressed by Thorstein Veblen, the same evolutionary process stablishes vested interests. This study investigates two different but related subjects: (1) key issues in establishing the notion of a “just world” in economics and society (economy); (2) the current perspective on a “just world” and its relationship with vested interests. Thereafter, the relationship between (1) and (2) is also introduced.

Date: 2024
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DOI: 10.1080/00213624.2024.2344436

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