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unusual facts about Moral economy


Moral economy

The Efficient Society by Joseph Heath discusses the nature of a moral economy in these terms, and argues that Canada has achieved the proper balance between social needs and economic freedom, and as such comes close to being a moral economy.


Owenism

His thought was rooted in seventeenth century English "moral economy" ideals of “fair exchange, just price, and the right to charity.” "Utopian socialist” economic thought such as Owen’s was a reaction to the laissez-faire impetus of Malthusian Poor Law reform. Claeys notes that "Owen’s ‘Plan’ began as grandiose but otherwise not exceptionally unusual workhouse scheme to place the unemployed poor in newly built rural communities.


see also

Just price

The political scientist James C. Scott, for example, showed how this ideology could be used as a method of resisting authority in "The Moral Economy of the Peasant: Subsistence and Rebellion in Southeast Asia" (1976).