Amartya Sen, “Values and justice”, Journal of Economic Methodology, Vol. 19, No. 2, June 2012, 101–108
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The contractarian approach has remained the dominant influence in contemporary political philosophy, led by the most prominent political philosopher of our time, John Rawls, whose classic book, A Theory of Justice published in 1971, presents a far-reaching statement of a particular version of the social contract approach to justice. The principal theories of justice in contemporary political philosophy, coming not only from Rawls but also from Robert Nozick, Ronald Dworkin, David Gauthier and others, share in common, explicitly or by implication, the idea of a social contract that identifies ideal social institutions (even though the substantive contents of their respective theories are different from each other in terms of the diagnosis of what exactly the social contract should demand).

— Amartya Sen on Social contract

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The contractarian approach has remained the dominant influence in contemporary political philosophy, led by the most prominent political philosopher of our time, John Rawls, whose classic book, A Theory of Justice published in 1971, presents a far-reaching statement of a particular version of the social contract approach to justice. The principal theories of justice in contemporary political philosophy, coming not only from Rawls but also from Robert Nozick, Ronald Dworkin, David Gauthier and others, share in common, explicitly or by implication, the idea of a social contract that identifies ideal social institutions (even though the substantive contents of their respective theories are different from each other in terms of the diagnosis of what exactly the social contract should demand)." in the context of "Amartya Sen, “Values and justice”, Journal of Economic Methodology, Vol. 19, No. 2, June 2012, 101–108" to mean that wisdom is timeless.

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Amartya Sen

About Amartya Sen

Amartya Kumar Sen (born 3 November 1933) is an Indian economist and the winner of the 1998 Nobel Prize for economics.