The Research On The Thought Of Amartya Sen’s Economic Justice

This paper is about the specific research on economic justice thought of Amartya Sen, who was an Indian economist, the winner of Nobel Economics Prize.The economic justice means study the fairness to all the people in the society for relationship between human economic behavior and socio-economic. However the traditional economics taking utilitarianism as the core concept that advocates the economy increase, denying the ethics and morals, with unfair allocation and imperfect management system and failing to protect the vulnerable groups that are the typical reflection of lacking economic justice. Considering the defects of traditional economics, the essential of Amartya Sen’s welfare theory redefines economics from the view of ethics and morals, taking them as the standard to evaluate the economic system, and emphasizes the humanistic concern in the economic structure. Born in developing country Amartya Sen fully understood the problems existed both in western economy and his country’s, the essential aims of his thought is to protect the interests of global poor people, and focus on the internal relation between economic development and freedom instead of separating of them. It is no doubt that such thought has a significant revelation to overall growth of China.The statements in the paper are involved in five aspects of the economic justice of Amartya Sen, starting from original of his thought, discussion of Aristotle’s doctrine of the mean in ancient Greece and justice view of Adam Smith and Marxism,who made significant influence to his theory formation, and illustrating the theoretical origin of modern welfare economy. Deep discussion on the Amartya Sen’s sublate to the modern justice thought with analyzing to modern utilitarianism, neo-liberalism,Rawls conception of justice and Nozick supremacist freedom, clarification ofsignificance and role played by their thoughts, meanwhile knowing the insufficient that shall improve. The paper also analyzes Amartya Sen’s theory that based on“viable capacity”, including interpretation to “viable capacity” and substantive freedom and impact of democracy and freedom on economic development,summering the superiority of growth theory in terms of freedom, revealing the revelation to our country modern society economy system and ethic code influenced by Amartya Sen’s thought, specifically including the issues of distributive justice and procedural justice, inducements of corruption and its control, poverty in vulnerable groups and protective guarantee.