This first book in English by Serge-Christophe Kolm provides an overview of his far-reaching vision of distributive justice. Kolm derives justice from considerations of rationality.

Reciprocity is the basis of social relations. It permits a peaceful and free society in which people and rights are respected. The essence of families and communities, it also enables the working of markets and organisations, while correcting their main failures. Reciprocity is also a basis of politics, and it justifies social policies. Although the importance of reciprocity has been widely recognised in other social sciences, it has, until recently, been somewhat ignored in economic analysis. Over the past three decades, (...) economic theorist and moral philosopher Serge-Christophe Kolm has been at the forefront of research into the economics of the deepest aspects of societies. In Reciprocity, he provides a unique in-depth analysis of the motives, conducts, and effects of reciprocal relationships. In doing this, he explains crucial functionings of society and its economy, and the ways in which they can be improved. This book should be read by economists, sociologists, philosophers, and anyone concerned with understanding the economy of social relationships and its far-reaching consequences. (shrink)

Erik Schokkaert's note presents a very good summary of the theory of macrojustice and a very good list of the directions of research it points to. This is quite fitting since a research programme defines a paradigm, and he sees this proposal as a paradigm shift. This is also very appropriate since his own qualifications are the best for advancing fast in these research topics. I have only a very small number of qualifications to add to his presentation, but I (...) prefer to begin with emphasizing the most important issues. Two aspects can be seen as the most important: the de facto axiomatic derivation of the solution ELIE and its application on the one hand, and the present state of scholarly studies of the optimum or just distribution of income on the other hand. Let us enter by the second door (as opposed to what is done in the book Macrojustice). This will lead us to conclude with a more synthetic and broader view of the basic logic of the paradigms of justice and of the surprising recent history of their interpretations. (shrink)

The main features of the just society, as they would be chosen by the unanimous, impartial, and fully informed judgment of its members, present a remarkable and simple meaningful structure. In this society, individuals' freedom is fully respected, and overall redistribution amounts to an equal sharing of individuals' different earnings obtained by the same limited 'equalization labour'. The concept of equalization labour is a measure of the degree of community, solidarity, reciprocity, redistribution, and equalization of the society under consideration. It (...) is determined by a number of methods presented in this study, which also emphasizes the rationality, meanings, properties, and ways of practical implementation of this optimum distribution. This result is compared with the various distributive principles found in practice and in political, philosophical, and economic thinking, with the conclusion that most have their proper specific scope of application. The analytical presentation of the social ethics of economics is particularly enlightening. (shrink)