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A distinction between left and right policies is proposed, based on the opposition between the aim of a reduction of power inequalities in society and their acceptance as unavoidable if not useful. The objective of absolute equality is criticized. The complex nature of the notion of equality is illustrated recalling Sens notion of capabilities. Progress, interpreted as a reduction in power inequalities within society, is possible, but not a necessary historical outcome. It requires active policies, organized in a strategy of structural reform.
Power is a broad and complex concept that cuts across all fields in humanities and social sciences. Written by a leading historian of economic thought, Power and Inequality presents a wide-ranging and multi-disciplinary analysis of power as an economic and social issue. Its aim is not to formulate a new abstract theory of power but rather to illustrate the different ways in which power is used to exacerbate social and economic inequality. Issues such as division of labour and its evolution, different forms of capitalism up to the money-manager economy, the role of networks (from the family to mason lodges and the mafia), the state and the international arena, culture and the role of the masses are considered. The analysis of these elements, causing inequalities of various kinds, is a prerequisite for devising progressive policy strategies aiming at a reduction of inequalities through a strategy of reforms.
This chapter presents moderation as an alternative to ideology and relies on the definition of politics given by Michael Oakeshott, according to which politics is and must remain a limited activity providing the general rules of conduct. It makes a distinction between ideological and political thinking and comments on the overlap and differences between moderation and conservatism.
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