Welfare, Rights, and Social Choice Procedure: A Perspective

Abstract

Sen’s “The Impossibility of a Paretian Liberal” was meant to crystallize his fundamental criticism against the welfaristic basis of welfare economics in general, and social choice theory in particular. This paper vindicates Sen’s criticism, arguing that its logical relevance is not lost in light of recent criticisms against his method of articulating individual rights in terms of a person’s decisive power in social choice. We show that some recent proposals that Sen’s articulation failed to capture a strong libertarian tradition of free contract and that an appropriate formulation of this tradition wipes off the Sen impossibility cannot be sustained. We then show that the game form articulation of rights casts serious doubts on the Sen articulation of liberty, but the Sen impossibility strenuously comes back in the context of realizing conferred game form rights as well as in the context of initial conferment of game form rights.