Luigi Pasinetti and Philosophy: Economic Science and Moral Knowledge

Name: Luigi Pasinetti and Philosophy: Economic Science and Moral Knowledge
Brand: Vita e Pensiero
Price: 6.00 EUR
Availability: OnlineOnly

digital

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Issue

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2025 - 2. An Issue in Honour of Luigi L. Pasinetti

Title

Luigi Pasinetti and Philosophy: Economic Science and Moral Knowledge

Author

Francesco Totaro

Publisher

Vita e Pensiero

Format

Article |

Pdf

Pages

Online from

07-2025

Doi

10.26350/000518_000154

Issn

0035-676X (print) | 1827-7918 (digital)

€ 6.00

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Description

Building on Keynes, Pasinetti develops a dynamic economic theory grounded in normative goals such as full employment, universal access to goods, and distributive justice. His approach recognizes the importance of institutions that go beyond market self-regulation, seeking creative ways to balance efficiency with solidarity. Influenced by a personalist philosophy, Pasinetti argues that labor should not be treated as a mere commodity but rewarded according to each individual’s contribution to the national product – conceived as a common good. His paradigm integrates ethical insights, particularly from the Social Doctrine of the Catholic Church, to reinforce community-oriented economic relations. Pasinetti thus combines moral vision with scientific rigor, highlighting capitalism’s structural failure to generate equality and sustainable development on its own.