Abstract

Rawls's theory of justice has played a prominent role in a number of academic fields beyond philosophy, and one of these is the field of economics. This chapter explains whether Rawls's corpus allows one to derive some conclusions about his own considered judgments of the justice and humanity of the institutions of democratic capitalism. It examines both aspects of this relationship between moral theory and economics. The chapter discovers the intellectual and theoretical relationships that existed between economic theory and the formation and development of Rawls's thought. It looks at Rawls's major papers between 1955 and 1971 as a reasonable sample of the intellectual influences that affected the development of his thought and highlights that the most visible economic influences on Rawls fall in the field of modern economics. Other topics discussed include the decision theory, Rawls's critique of capitalism, and his relationship with Karl Marx.