Political Science 1020E Lecture Notes - Lecture 9: Thomas Piketty

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Thomas piketty, capital in the twenty-first century. U. s. president obama on the defining challenge . Self-respect depends on what you can do relative to other people. Exclusion from common life" leads to a lack of self-respect. Self-respect requires participation in society on relatively equal terms with others. Adam smith regarding self-respect: every person should be able to appear in public without shame". Economic inequality is bad for those who have less; those who have less have worse outcomes. Being economically worse off is itself harmful to you health, the level of inequality is directly correlated to health. Economic inequality is bad for communal, fraternal, or solidaristic social relations. Economically stratified communities: physically and socially gated. But solidarity is not as uncontroversially valuable as self-respect or health. Good such that you can give someone more only by giving others less. University placements: the instrumental value of education. The importance of getting a positional advantage over others in the competition.

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