Living Standards and Social Well-Being [Hardcover]

Too many of the worlds citizens face impoverished living standards. The economic and financial crises have made matters worse. The viewpoint of Living Standards and Social Well-Beingis that the fundamental objective for an economy is provisioning, not simply efficiency. The chapters in this volume examine how economies across the globe come to understand what constitutes a living and how they can improve living standards, including balancing paid work with family life and civic responsibility.

The authors provide historical, theoretical, and empirical studies of moving economies at the macro level and households at the micro level toward improved living standards. It is argued that achieving well-being and decent living standards, through work and welfare state policies, is a social responsibility. Such improvements could be delivered through basic income policies, family support, job guarantees, decent work, shorter work weeks, and support from social welfare. These issues are important for economics and the other social sciences and in particular for social economics.

This book was published as a special issue of theReview of Social Economy.

1. Introduction to Living Standards and Social Well-Being Deborah M. Figartand John Marangos  2. Consumption, Work Hours, and Values in the Writings of John A. Ryan: Is it Possible to Return to the Road Not Taken? Martha A. Starr  3. Overtime Work and Well-Being at Home Lonnie Goldenand Barbara Wiens-Tuers  4. Family Friendly Policies: Helping Mothers Make Ends Meet Heather Boushey  5. Basic Income and Productivity in Cognitive Capitalism Stefano Lucarelliand Andrea Fumagalli  6. Living Wage and Optimal Inequality in a Sarkarian Framework Mark Friedman&nblC