The Justice of Economics: An Analysis of Wealth Maximization as a Normative Goal

On the necessity for growth

“…One might have some reservations because many years ago the idea of wealth being a value, and wealth maximization a social goal, was discussed [8]. Thorough analysis by Dworkin [9], Schmalbeck [10] and doubtless others concluded rather firmly that it was not. Then, as now, an argument in favour of wealth being a value was that it might be the means to adjust society.…”