How to object to the profit system (and how not to)

This article introduces the Normative Representativeness Requirement (NRR) on any moral objection to a decentralized, profit-oriented system of political economy. I develop and defend the NRR and then show why the most important recent critique of the profit system - which I call The Moderate Critiq...

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Bibliographic Details
Main Author: Robson, Gregory J. (Author)
Format: Electronic Article
Language:English
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Published: Springer 2023
In: Journal of business ethics
Year: 2023, Volume: 188, Issue: 2, Pages: 205-219
Further subjects:B Worker domination
B Profitable business
B Aufsatz in Zeitschrift
B Worker exploitation
B Elizabeth Anderson
B Capitalism
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Summary:This article introduces the Normative Representativeness Requirement (NRR) on any moral objection to a decentralized, profit-oriented system of political economy. I develop and defend the NRR and then show why the most important recent critique of the profit system - which I call The Moderate Critique (developed by, for instance, Elizabeth Anderson) - fails to meet the NRR. This article also defends the radical claim that no objection to the profit system itself, rather than just key aspects or salient instances of it, succeeds in meeting the NRR. Critics of the profit system should not seek an alternative to the profit system, but, at most, an alternative within it.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-022-05317-5