Rawls’ theory of justice builds on the social contract tradition to offer an alternative to utilitarianism. Rawls singles out justice – not maximum welfare or efficiency – as “the first virtue of social institutions”. Economists were quick to realize the relevance of Rawls’ theory of justice for economics. Early contributions in welfare economics and social choice theory typically attempted to incorporate Rawls’ ideas into a welfarist framework. Current research in normative economics comes closer to Rawls’ original proposal of a non-consequentialist (...) theory of justice. In my article, I shall first introduce Rawls’ theory of justice and then address some of the debates his theory has triggered in normative economics. (shrink)

This chapter contains sections titled: Governmental and Public Reason Governmentality and the State Liberal and Neo‐Liberal Governmentality Governmentality and Legitimacy References.

This paper outlines Foucault's genealogical conception of critique and argues that it is not inconsistent with his appeals to concepts of right so long as these are understood in terms of his historical and naturalistic approach to rights. This approach is explained by reference to Nietzsche's account of the origins of rights and duties and the example of Aboriginal rights is used to exemplify the historical character of rights understood as internal to power relations. Drawing upon the contemporary 'externalist' approach (...) to rights, it is argued that the normative force of rights can only come from within historically available moral and political discourses. Reading Foucault's 1978-1979 lectures on liberal governmentality in this manner suggests that his call for new forms of right in order to criticise disciplinary power should be answered by reference to concepts drawn from the liberal tradition of governmental reason. (shrink)

This article challenges conventional readings of Michel Foucault by examining his fascination with neoliberalism in the late 1970s. Foucault did not critique neoliberalism during this period; rather, he strategically endorsed it. The necessary cause for this approval lies in the broader rehabilitation of economic liberalism in France during the 1970s. The sufficient cause lies in Foucault's own intellectual development: drawing on his long-standing critique of the state as a model for conceptualizing power, Foucault concluded, during the 1970s, that economic liberalism, (...) rather than “discipline,” was modernity's paradigmatic power form. Moreover, this article seeks to clarify the relationship between Foucault's philosophical antihumanism and his assessment of liberalism. Rather than arguing that Foucault's antihumanism precluded a positive appraisal of liberalism, or that the apparent reorientation of his politics in a more liberal direction in the late 1970s entailed a partial retreat from antihumanism, this article contends that Foucault's brief, strategic, and contingent endorsement of liberalism was possible precisely because he saw no incompatibility between antihumanism and liberalism—but only liberalism of the economic variety. Economic liberalism alone, and not its political iteration, was compatible with the philosophical antihumanism that is the hallmark of Foucault's thought. (shrink)

The title of this book is rather misleading. “Birth of neoliberal governmentality,” or something like that, would have been more faithful to its contents. In Foucault's vocabulary, “biopolitics” is the “rationalisation” of “governmentality” : it's the theory, in other words, as opposed to the art of managing people. The mismatch between title and content is easily explained: the general theme of the courses at the Collège de France had to be announced at the beginning of each academic year. It is (...) part of the mandate of every professor at the Collège, however, that his lectures should follow closely his current research. As a consequence it wasn't unusual for Foucault to take new directions while he was lecturing. In 1979, for the first and only time in his career, he took a diversion into contemporary political philosophy. His principal object of investigation became “neoliberal” political economy. More precisely, he got increasingly interested in those strands of contemporary liberalism that use economic science both as a principle of limitation and of inspiration for the management of people. (shrink)