P ERSPECTIVES FROM S OCIAL E CONOMICS Series Editor: Mark D. White , professor in the Department of Political Science, Economics, and Philosophy at the College of Staten Island/CUNY The Perspectives from Social Economics series incorporates an explicit ethical component into contemporary economic discussion of important policy and social issues, drawing on the approaches used by social economists around the world. It also allows social economists to develop their own frameworks and paradigms by exploring the philosophy and methodology of social eco- nomics in relation to orthodox and other heterodox approaches to econom- ics. By furthering these goals, this series will expose a wider readership to the scholarship produced by social economists, and thereby promote the more inclusive viewpoints, especially as they concern ethical analyses of economic issues and methods. Published by Palgrave Macmillan Accepting the Invisible Hand: Market-Based Approaches to Social-Economic Problems Edited by Mark D. White Consequences of Economic Downturn: Beyond the Usual Economics Edited by Martha A. Starr Alternative Perspectives of a Good Society Edited by John Marangos Exchange Entitlement Mapping: Theory and Evidence By Aur é lie Charles Approximating Prudence: Aristotelian Practical Wisdom and Economic Models of Choice By Andrew M. Yuengert Freedom of Contract and Paternalism: Prospects and Limits of an Economic Approach By Pé ter Cserne Toward a Good Society in the Twenty-First Century: Principles and Policies Edited by Nikolaos Karagiannis and John Marangos Toward a Good Society in the Twenty-First Century Principles and Policies Edited by Nikolaos Karagiannis and John Marangos TOWARD A GOOD SOCIETY IN THE TWENTY-FIRST CENTURY Copyright © Nikolaos Karagiannis and John Marangos, 2013. Softcover reprint of the hardcover 1st edition 2013 978-1-137-27473-1 All rights reserved. First published in 2013 by PALGRAVE MACMILLAN® in the United States— a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN 978-1-349-44582-0 ISBN 978-1-137-31362-1 (eBook) DOI 10.1057/9781137313621 Library of Congress Cataloging-in-Publication Data Toward a good society in the twenty-first century : principles and policies / edited by Nikolaos Karagiannis and John Marangos. pages cm—(Perspectives from social economics.) Includes index. 1. Social policy. 2. Welfare economics. 3. Welfare state. I. Karagiannis, Nikolaos, 1964– II. Marangos, John, 1962– HN18.3.T68 2013 306—dc23 2012046504 A catalogue record of the book is available from the British Library. Design by Newgen Imaging Systems (P) Ltd., Chennai, India. First edition: May 2013 10 9 8 7 6 5 4 3 2 1 Transferred to Digital Printing in 2013 Contents List of Tables and Figures v ii Foreword i x Dr. Brenda A. Allen Preface xi Hon. Dr. Bernard J. Nottage, MP Introduction x v Nikolaos Karagiannis and John Marangos Part I Education, Distribution, and Good Society Chapter 1 Moral Education and the Good Society: An IMPACT for HBCUs 3 Denise Pearson Chapter 2 What Does the Rising Tide Bring? 23 Robert B. Williams Chapter 3 Divided We Stand, United We Fall—A Good Society Needs an Individual Poverty Measure 49 Daniè le Meulders and S íl e O’Dorchai Part II Sustainability, Ecology, and Good Society Chapter 4 Achieving Environmentally Sustainable Prosperity 75 Shann Turnbull vi CONTENTS Chapter 5 Green Consumerism: A Path to Sustainability? 1 05 Valerie K. Kepner and Paula M. Cole Chapter 6 Sustainability in a Good Society: Alternate Visions from Australia and the United States 1 23 Janet Spitz Part III Economic Development, Employment, and Good Society Chapter 7 Not Just Fun and Games: Reconceptualizing the Role of Young People in Economic Development 1 45 K. Maeve Powlick Chapter 8 The Making of a Good Society: Lowe’s Instrumental Method and the Pursuit of Full Employment 169 Michael J. Murray Part IV Civic Institutions, Freedom, Time, and Good Society Chapter 9 The Role of Nonprofit Organizations in the Good Society: The Case of Forsyth Futures, Forsyth County, North Carolina, USA 189 Jessica M. Bailey, Doris P áe z and Morteza Sadri Chapter 10 The Acting Person: Reconstructing Economic Agency around a Living, Breathing, Existential Actuality 2 05 Edward J. O’Boyle Chapter 11 Time on the Ledger: Social Accounting for the Good Society 227 Tom Walker List of Contributors 249 Index 257 Tables and Figures Tables 1.1 Moral development and relationship to Piaget’s cognitive development theory 9 1.2 K olhberg’s moral development 14 2.1 Household net worth at selected percentiles 3 0 2.2 Asset ownership by net worth quintiles 3 1 2.3 D ebt assumption by net worth quintiles 32 2.4 H ousehold income, saving, and credit costs by net worth quintiles 3 3 2.5 Selected asset ownership and risk tolerance by net worth quintiles 3 4 2.6 Family inheritances, past and expected, by net worth quintiles 34 2.7 Household giving patterns by net worth quintiles 36 2.8 Attitudes toward credit and legacy by net worth quintiles 3 6 3.1 Variation in median and mean individual net income in the event of the couple breaking up 59 3.2 Variation in median and mean individual net income in the event of the couple breaking up accounting for inflation 59 3.3 V ariation in median and mean individual net income in the event of the couple breaking up accounting for inflation and family size 60 3.4 Components of mean individual net income of men and women before and after a breakup 6 1 3.5 Comparison of rates of working poor using individual or equivalized household income to measure poverty 64 4.1 G lobal governance and political economy 89 4.2 E xisting and ecological money 91 4.3 Existing and ecological corporations 9 4 viii TABLES AND FIGURES 4.4 H istory and vision of a transforming society 9 7 6.1 O verall means, values, and beliefs of academics in Australia and the United States 1 33 6.2 O rdinary least squares regression results, full sample, values, and beliefs of academics in Australia and the United States 135 11.1 Ideal types of goods 236 Figures 3.1 Comparison of financial dependence levels and European at-risk-of-poverty rates 5 6 8.1 Black-white, Hispanic-white unemployment ratio 177 9.1 Categorization of sustainable foods programs and initiatives 1 95 9.2 Forsyth county sustainable food In itiascapes 1 96 11.1 US weekly hours (industrial) 1850–2010 2 38 11.2 US annual hours worked 1909–2009 238 11.3 W ork curves, 1909 and 1958 243 11.4 W ork curve, 2009 243 Foreword W hat constitutes a good society? This is a question that humans have grappled with for ages. The elements thought to make a good society have varied over time. So too has the collection of perspec- tives regarding those elements. As our interactions have become more global, “society” has become an even larger place. With that expan- sion comes an increase in the number of opinions, perspectives, and outlooks regarding what is good. Disparate cultural ideas strive for reconciliation or dominance, while local experiences vie for center stage as we seek to define what is good for all. A common question across time, space, cultures, and ideas is whether perspectives favor the individual or the collective good. Individualism as a fundamental belief gives way to frameworks and doctrines that promulgate the independence of human beings. Within these frameworks, a good society is deemed one where an individual’s possibilities are only limited by his or her own lack of focus, initiative, and perseverance. By contrast, the belief in collectivism promotes outlooks grounded in the idea of interrelated destinies. A good soci- ety is one that strives to insure that everyone has access to what they need to prosper, and shares in contributing to the goal of equity. This edited book is born out of the belief that a good society is one that is focused on the collective good. The chapters are grounded in the idea that society pays when it relegates issues such as poverty, crime, hunger, and unemployment to analyses of deficient individu- als. The volume suggests that society will fail if it neglects to care for all. The chapters on education and distribution remind us that failure to include everyone in how we define poverty and its impact will lead to social policies that miss the opportunity to cultivate potential contributions from all citizens. Moreover these authors argue that the ultimate price is a society that spends more resources managing underdevelopment (education, employment, health, and the like) than it does developing its full reservoir of talent. In terms of sustainability, x FOREWORD the authors propose ideas that help to balance the goals of capital- ism with the need to move toward a more environmentally sustain- able economic base. These chapters argue that being profitable and being green are not necessarily mutually exclusive concepts and that a marriage between the two provides a healthy economy for today and the future. The pieces on economic development focus on ways to include all people in employment policies. Together these chapters suggest that unemployment and underemployment can be eradicated through policies and programs designed to bring the unemployed and the underemployed more fully into the workforce. The book ends with several chapters focused on developing humans toward a more collective ideology. Defining a good society in the twenty-first century is a task unlike one at any other time in history. How we choose to reconcile the debate between individual versus collective good has a broader impact than ever before. The impact is not only limited to people and how to best develop human potential but also involves serious questions about the health of the planet. This volume takes a definitive stance on the collective good. The voices within add greatly to what are probably the most important social, cultural, and political debates of our times. DR. BRENDA A. ALLEN Provost and vice chancellor for Academic Affairs Winston-Salem State University, North Carolina