Legitimating Market Egoism:
The Availability Problem |
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Authors: | Tony Lynch |
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Institution: | (1) Politics, University of New England, Armidale, NSW, 2351, Australia |
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Abstract: | It is a common enough view that market agents are self-interested, not benevolent or altruistic – call this market egoism
– and that this is morally defensible, even morally required. There are two styles of defence – utilitarian and deontological
– and while they differ, they confront a common problem. This is the availability
problem. The problem is that the more successful the moral justification of self-interested economic activity, the less there is
for the justification to draw upon. Religious justifications of market egoism at least make a stab at dealing with the problem;
secular accounts typically do not.
I thank Annette Kilarr. |
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Keywords: | market egoism utilitarianism deontology availability problem |
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