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Article
Publication date: 16 January 2007

Séverine Deneulin and Nicholas Townsend

Public economics has recently introduced the concept of global public goods as a new category of public goods whose provision is central for promoting the well‐being of…

5516

Abstract

Purpose

Public economics has recently introduced the concept of global public goods as a new category of public goods whose provision is central for promoting the well‐being of individuals in today's globalized world. The purpose of this paper is to examine the extent to which introducing this new concept in international development is helpful for understanding human well‐being enhancement.

Design/methodology/approach

The paper considers some implications of the concept of the common good for international development.

Findings

The concept of global public goods could be more effective if the conception of well‐being it assumes is broadened beyond the individual level. “Living well” or the “good life” does not dwell in individual lives only, but also in the lives of the communities which human beings form. A successful provision of global public goods depends on this recognition that the “good life” of the communities that people form is a constitutive component of the “good life” of individual human beings.

Originality/value

The paper suggests that the rediscovery of the concept of the common good, and identification of how to nurture it, constitute one of the major tasks for development theory and policy.

Details

International Journal of Social Economics, vol. 34 no. 1/2
Type: Research Article
ISSN: 0306-8293

Keywords

Book part
Publication date: 22 September 2022

Helen M. Haugh and Bob Doherty

The common good refers to contextual conditions that contribute to human wellbeing and flourishing, such as prosperous communities and environmental sustainability. In this paper…

Abstract

The common good refers to contextual conditions that contribute to human wellbeing and flourishing, such as prosperous communities and environmental sustainability. In this paper, we consider how entrepreneurship impacts society by investigating the generalized outcomes of social entrepreneurship on the common good. From a qualitative study of ten large and profitable social enterprises in the United Kingdom, we theorize how social entrepreneurship contributes to the common good in the short and long term. We also conjecture how some commercial practices undermine the common good and further, explain how the common good performs as a conceptual anchor for social entrepreneurship.

Details

Entrepreneurialism and Society: Consequences and Meanings
Type: Book
ISBN: 978-1-80382-662-2

Keywords

Article
Publication date: 8 September 2015

Francesca Belotti

The crisis of confidence in political institutions has become a phenomenon with uniform trends across Europe. Nevertheless, citizens still express interest in politics and are…

Abstract

Purpose

The crisis of confidence in political institutions has become a phenomenon with uniform trends across Europe. Nevertheless, citizens still express interest in politics and are engaged in political and social activities. What are the issues that still motivate them to go to the polls and/or engage in non-institutional forms of political participation? The case study of the Italian referendum in favour of the “Water Common Good” (June 2011) is particularly appropriate to explore these issues and motivations. The paper aims to discuss these issues.

Design/methodology/approach

The paper proposes a multidisciplinary common good’s framework focusing on its social and political challenges. As the referendum succeeded also thanks to the rhetorical effectiveness of the “common good” epithet, a survey on 120 Roman citizens who voted in favour of the “Water Common Good” was conducted. The hypothesis was that the referendum success could be associated with social needs to defend strategic resources (“commons”) by actively participating in the deliberations on them. A quantitative non-probabilistic research was carried out face-to-face, through a standardized and semi-structured questionnaire.

Findings

The main findings refer to the leading role that distrust in political institutions, civil society activism and common good rhetorical effectiveness played.

Originality/value

The most original contribution of this paper is the explanatory and stipulative definition of common good, which reduces the semantic uncertainty of the concept including common sense meanings. This novel conceptualization has practical implications in policy terms, as it explicates the social need to change the way of conceiving the relationship with strategic resources and decision-making processes concerning them.

Details

International Journal of Sociology and Social Policy, vol. 35 no. 9/10
Type: Research Article
ISSN: 0144-333X

Keywords

Article
Publication date: 8 August 2016

Tim Murphy and Jeff Parkey

The purpose of this paper is to analyze economically several versions of the philosophical common good in order to contribute to the search for a viable conceptualization of the…

Abstract

Purpose

The purpose of this paper is to analyze economically several versions of the philosophical common good in order to contribute to the search for a viable conceptualization of the common good.

Design/methodology/approach

The paper presents an economic analysis of the common good by examining the extent to which eight different versions of the philosophical concept possess the consumption characteristics of excludability and rivalry – and thus how each version may be classified as an economic good: private, public, common, or club.

Findings

One of the examined versions of the philosophical common good is an economic common good; three versions are club goods; and four versions are public goods. Only those versions of the common good that are classifiable as public goods merit consideration as adequate conceptualizations in political and philosophical thought. In assessing the admissible versions the authors conclude that a viable conceptualization of the common good may simply be the maintenance of a peaceful social order that allows people to pursue their individual and collective goals in community.

Originality/value

The paper shows that an analysis of the philosophical common good using the economic criteria of excludability and rivalry can contribute to common good discourse.

Details

International Journal of Social Economics, vol. 43 no. 8
Type: Research Article
ISSN: 0306-8293

Keywords

Open Access
Article
Publication date: 26 May 2021

Daniel Gilmour and Edward Simpson

Public realm urban regeneration projects aim to provide facilities for the common good such as improved road systems, public parks, museums and cultural institutions. Driven by…

Abstract

Public realm urban regeneration projects aim to provide facilities for the common good such as improved road systems, public parks, museums and cultural institutions. Driven by political priorities, the expected benefits for society comprise of the proposed regeneration outcomes articulated in a masterplan vision. As a philosophical concept, common good in the context of urban regeneration is explored in this study to understand the expectations for major, long-term regeneration projects and the intended project objectives. In the approach to governance, there should be a relationship between monitoring indicators adopted by the regeneration project as part of the governance framework and their alignment with the common good. These concepts are analysed through a case study of the development and reporting of benchmark indicators established at the start of a major 20-year urban redevelopment in 2010. The monitoring and enhancement concept implemented required indicators to be developed and embedded in the regeneration process to, not only monitor, but also enhance sustainability. The longitudinal case study, at the interim point 10 years since the establishment of these indicators, will evaluate the sustainability of the urban regeneration and evaluate current evidence for the common good. The indicators were developed following the principles of a theme orientated framework in line with the UK and Scottish Government approach at that time. The process of indicator development was iterative, refined and finalised through working closely with local authority, Scottish Enterprise and partnership stakeholders (civic oriented organisations) to capture evidence of progress towards the masterplan vision. Ten years on, conclusions examine whether these indicators could be used a proxy for common good. The conclusion will identify the extent to which we would need to revise indicators to address any gaps to become a more accurate measure of common good.

Details

Emerald Open Research, vol. 1 no. 5
Type: Research Article
ISSN: 2631-3952

Keywords

Article
Publication date: 1 March 1992

John Conway O'Brien

A collection of essays by a social economist seeking to balanceeconomics as a science of means with the values deemed necessary toman′s finding the good life and society enduring…

1149

Abstract

A collection of essays by a social economist seeking to balance economics as a science of means with the values deemed necessary to man′s finding the good life and society enduring as a civilized instrumentality. Looks for authority to great men of the past and to today′s moral philosopher: man is an ethical animal. The 13 essays are: 1. Evolutionary Economics: The End of It All? which challenges the view that Darwinism destroyed belief in a universe of purpose and design; 2. Schmoller′s Political Economy: Its Psychic, Moral and Legal Foundations, which centres on the belief that time‐honoured ethical values prevail in an economy formed by ties of common sentiment, ideas, customs and laws; 3. Adam Smith by Gustav von Schmoller – Schmoller rejects Smith′s natural law and sees him as simply spreading the message of Calvinism; 4. Pierre‐Joseph Proudhon, Socialist – Karl Marx, Communist: A Comparison; 5. Marxism and the Instauration of Man, which raises the question for Marx: is the flowering of the new man in Communist society the ultimate end to the dialectical movement of history?; 6. Ethical Progress and Economic Growth in Western Civilization; 7. Ethical Principles in American Society: An Appraisal; 8. The Ugent Need for a Consensus on Moral Values, which focuses on the real dangers inherent in there being no consensus on moral values; 9. Human Resources and the Good Society – man is not to be treated as an economic resource; man′s moral and material wellbeing is the goal; 10. The Social Economist on the Modern Dilemma: Ethical Dwarfs and Nuclear Giants, which argues that it is imperative to distinguish good from evil and to act accordingly: existentialism, situation ethics and evolutionary ethics savour of nihilism; 11. Ethical Principles: The Economist′s Quandary, which is the difficulty of balancing the claims of disinterested science and of the urge to better the human condition; 12. The Role of Government in the Advancement of Cultural Values, which discusses censorship and the funding of art against the background of the US Helms Amendment; 13. Man at the Crossroads draws earlier themes together; the author makes the case for rejecting determinism and the “operant conditioning” of the Skinner school in favour of the moral progress of autonomous man through adherence to traditional ethical values.

Details

International Journal of Social Economics, vol. 19 no. 3/4/5
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 10 December 2019

Susana Alves Pereira, Nuno Rebelo dos Santos and Leonor Pais

This paper aims to relate conceptually decent work and the economy for the common good describing the main contributions of the former to the latter.

Abstract

Purpose

This paper aims to relate conceptually decent work and the economy for the common good describing the main contributions of the former to the latter.

Design/methodology/approach

This conceptual paper analyses the relationships between the values of the economy for the common good that have been explicitly stated and the psychological dimensions of the decent work concept.

Findings

Four conceptual propositions concerning the contributions of decent work to the economy for the common good are presented.

Research limitations/implications

Because the four conceptual propositions were not submitted to empirical research, future studies are suggested.

Practical implications

The pursuit of decent work is aligned with the economy for the common good, which contributes to reinforcing both proposals.

Social implications

Both decent work and the economy for the common good are synergistic and values-based approaches that consider the social system as a whole instead of proposing strategies to improve the competitive advantage of one over the other. This synergistic idea through cooperation contributes to overcoming the limitations of “business as usual”.

Originality/value

This is the first paper discussing the relationships between decent work and the economy for the common good.

Details

International Journal of Organizational Analysis, vol. 28 no. 3
Type: Research Article
ISSN: 1934-8835

Keywords

Article
Publication date: 5 May 2022

Ehsan Marzban, Armin Firoozpour and Mostafa Marzban

Energy systems are quickly in transition and their complexity has been dramatically increased. Although there are numerous studies and researches about future of energy in terms…

Abstract

Purpose

Energy systems are quickly in transition and their complexity has been dramatically increased. Although there are numerous studies and researches about future of energy in terms of technology or fuels, few studies have been done based on comprehensive socio-technical dimensions of energy systems’ futures. One key question to fill this gap is that how can we consider electricity as a sustainable common good/resource, beyond some conventional considerations related to public or private sector orientation? The purpose of this study is to find an acceptable answer for this question..

Design/methodology/approach

To achieve the purpose of this study, after reviewing some relevant studies, key effective factors on the future of energy have been recognized in an expert panel and structurally analyzed by Micmac software based on cross-impact analyze method. Thereafter, four scenarios for transforming the electricity distribution from a monopoly good to a common resource have been developed and described based on scenario workshops method..

Findings

Four scenarios for transforming the electricity distribution from a monopoly good to a common resource have been developed and described. These scenarios include “spider grid,” “local grid,” “intermediate grid” and “off-grid.” Furthermore, different dimensions of electricity as a common good/resource have been investigated. As a result, the authors find out that common resource is a creatable concept that can be referred to some goods depending on certain conditions.

Originality/value

Electricity, like any other resource with common characteristics, can be considered and treated as a common resource, depending on the way we generate, share and distribute it, ownership and property rights, management and decision-making mechanisms, social participation processes and governance criteria.

Details

International Journal of Energy Sector Management, vol. 17 no. 3
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 1 January 2002

Mark A. Lutz

A precise definition of “social economics” has been the subject of much debate for the last 30 years and, as yet, there seems to be no general consensus of opinion. This paper…

7404

Abstract

A precise definition of “social economics” has been the subject of much debate for the last 30 years and, as yet, there seems to be no general consensus of opinion. This paper attempts to embrace the apparent pluralism of viewpoints as a temporary instrument to encourage critical debate and dialogue in order to work towards a unified concept of social economics.

Details

International Journal of Social Economics, vol. 29 no. 1/2
Type: Research Article
ISSN: 0306-8293

Keywords

Book part
Publication date: 19 September 2015

Kamran Mofid

I wish to argue that peace, justice, peace building and non-violent conflict resolution raise important moral, ethical and spiritual concerns, which call into question what it is…

Abstract

I wish to argue that peace, justice, peace building and non-violent conflict resolution raise important moral, ethical and spiritual concerns, which call into question what it is to be a human being. The path to peace (contrary to what is mostly practised today) is all about the world of heart, mind and spirit. In the first section, I will tell you about my own journey for peace, which has transformed me from an ‘economist as usual’ into ‘an economist for the common good’. The other sections deal with the definition of the common good and the aims of the ‘Globalisation for the Common Good Initiative’ (GCGI).

Details

Business, Ethics and Peace
Type: Book
ISBN: 978-1-78441-878-6

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