Legitimating Market Egoism: The Availability Problem
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 prob...
Main Author: | |
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Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer
2009
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In: |
Journal of business ethics
Year: 2009, Volume: 84, Issue: 1, Pages: 89-95 |
Further subjects: | B
market egoism
B Deontology B Utilitarianism B availability problem |
Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |
Summary: | 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. |
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ISSN: | 1573-0697 |
Contains: | Enthalten in: Journal of business ethics
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Persistent identifiers: | DOI: 10.1007/s10551-008-9675-6 |