Welfare Economics Is The Study Of Economic Justice Thought

In1920, Pigou’s “welfare economics” one book published marks theestablishment of welfare economics. Welfare economics is a kind of economic theorystudy of social economic welfare, an interdisciplinary subject is a kind of economicsand ethics. Economic justice thought it not only relates to all aspects of economicactivity, and covered by the national economic system, policy, justice, therefore hasrich theoretical connotation.The author firstly from the welfare economics thought of economic justice, onthe basis of criticizing and absorbing the thought source of thinkers, establisheconomic justice thought itself. Welfare economics economic justice is embodied infour aspects.The core value of economic justice: the principles of fairness and justice,development target of economic justice: national income maximization, operationmethod of economic justice: government intervention, the fundamental way ofeconomic justice: the enterprise economic justice. Then, the theoretical defects and itslimitations and dialectic analysis, finally, mining is conducive to the development ofthe requirements of the socialist market economy theory essence and value, servicesin the construction of China’s market economic theory.The following the main threadand the theoretical framework of this paper: firstly, welfare economics is the study ofeconomic justice thought source. Then, introduces the main content of welfareeconomics economic justice, economic justice, economic justice is the core value ofthe development goal of economic justice, operation method and the fundamental wayof economic justice. Finally is the dialectics of Marx’s theory, analysis of thelimitations of welfare economics economic justice thought objectively favorableinfluence on modern society and its thought. On the basis of the construction ofeconomic system, with the reality of our country the discussion.