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Global Justice & Finance$
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Tim Hayward

Print publication date: 2019

Print ISBN-13: 9780198842767

Published to Oxford Scholarship Online: September 2019

DOI: 10.1093/oso/9780198842767.001.0001

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(p.196) 12 Conclusion
Global Justice & Finance

Tim Hayward

Oxford University Press

This concluding chapter sums up the key arguments of the book and indicates questions for further research. It emphasizes that the existing international institutions did not come into being through any constitutional process and are not necessarily suited to achieving what is best for people or planet. Hence proposals of modest reform of the emerging global institutional order may not be a sufficient basis for meeting the imperatives of our age. The financial system needs to be constrained to track more realistically the sense of proportion to be discerned in the natural order of things and in the idea of a rough equality of every human being. The challenge, viewed as a normative objective of global justice, is to supplant the current implicit and private constitution that facilitates the rule of finance globally by arrangements whose immanent purpose is to support the achievement of justice, sustainability, and peace.

Keywords:   Justice, sustainability, peace, cosmopolitanism, ecological space

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