This article examines inequality from a framework of justice that attends to the socially situated nature of market activity, including exchange. I argue that accounts of unsituated exchange—accounts of market exchange that abstract from social situations, such as philosopher Robert Nozick’s influential libertarian account of justice—overlook various factors that contribute to growing economic inequality in contemporary society. Analyses of market exchange must incorporate the role of “third parties” who play a role in shaping and/or who are affected by economic transactions. (...) The involvement of these additional parties, including the government and future generations, is not interference but, instead, an integral part of the economic and moral accounting of exchange. An approach to justice and inequality which embeds exchange within multiple dimensions of economy and society is needed; the latter part of this article traces such a socially situated approach. (shrink)

This essay critically examines economist and philosopher Amartya Sen's writings as a potential resource in religious ethicists' efforts to analyze discrimination against girls and women and to address their well-being and agency. Delineating how Sen's discussions of "missing women" and "gender and cooperative conflict" fit within his "capability approach" to economic and human development, the article explores how Sen's methodology employs empirical analysis toward normative ends. Those ends expand the capability of girls and women to function in all aspects of (...) their society. It concludes with a discussion of ways to engage Sen's work within religious ethics. (shrink)

IN THIS ESSAY I ENGAGE THE DEBATE AMONG THEOLOGIANS, PHILOSOphers, and economists on the proper role of self-interest in the pursuit of economic well-being. Often, neither economists' use of self-interest nor critics' rejection of it is carefully specified. I consider conditions under which acting in one's self-interest is theologically and morally proper. Specifically, I argue that for socioeconomically disadvantaged persons, increased exercise of self-interest should not be regarded as sinful but as a fitting expansion of agency and well-being. Contextual factors (...) of distribution and the quality of social relations must inform any analysis of self-interest. I introduce a theological perspective on self-interest within an egalitarian Christian framework and suggest ways in which this approach enables further theological and ethical reflection on the proper role of self-interest. (shrink)