Political Economy, Institutions and Virtue

Political Economy, Institutions and Virtue
Author: Matías Petersen
Publisher: Taylor & Francis
Total Pages: 137
Release: 2024-06-21
Genre: Business & Economics
ISBN: 1040044859

This book engages with a radical critique of the modern state and the contemporary economic order: Alasdair MacIntyre’s ‘revolutionary Aristotelianism’ project. Central to this critique is the idea that the moral norms that markets and states tend to reproduce or reinforce are an obstacle to the development of practical judgement. The book outlines MacIntyre’s theory of practical reason and discusses some of the institutional arrangements that can be derived from it. It also explores the growing body of literature which has started to examine the extent to which alternative forms of social organisation might be more compatible with MacIntyre’s account of the virtues. This literature includes various proposals for alternative political and economic arrangements, ranging from certain forms of market socialism to the promotion of different forms of mutual and cooperative enterprises. Finally, the book offers an account of the type of institutional analysis required for the advancement of the revolutionary Aristotelianism project. This is achieved by showing how some key features of the Bloomington School of political economy are not only compatible with MacIntyre’s political philosophy, but also that a synthesis between neo- Aristotelian moral philosophy and the work of the Bloomington School offers a robust alternative for revolutionary Aristotelians. Thus, the book defends the idea that MacIntyre’s account of human flourishing is more likely to be realised, although imperfectly, in a polycentric social order. This book will be of interest to social scientists working in questions of political economy as well as political and moral philosophers.

Virtue and Economy

Virtue and Economy
Author: Andrius Bielskis
Publisher: Routledge
Total Pages: 254
Release: 2016-03-09
Genre: Political Science
ISBN: 1317001508

Interest in Aristotelianism and in virtue ethics has been growing for half a century but as yet the strengths of the study of Aristotelian ethics in politics have not been matched in economics. This ground-breaking text fills that gap. Challenging the premises of neoclassical economic theory, the contributors take issue with neoclassicism’s foundational separation of values from facts, with its treatment of preferences as given, and with its consequent refusal to reason about final ends. The contrary presupposition of this collection is that ethical reasoning about human ends is essential for any sustainable economy, and that reasoning about economic goods should therefore be informed by reasoning about what is humanly and commonly good. Contributions critically engage with aspects of corporate capitalism, managerial power and neoliberal economic policy, and reflect on the recent financial crisis from the point of view of Aristotelian virtue ethics. Containing a new chapter by Alasdair MacIntyre, and deploying his arguments and conceptual scheme throughout, the book critically analyses the theoretical presuppositions and institutional reality of modern capitalism.

Political Economy, Institutions and Virtue

Political Economy, Institutions and Virtue
Author: Matías Petersen
Publisher:
Total Pages: 0
Release: 2024
Genre: Economics
ISBN: 9781032443324

"This book engages with a radical critique of the modern state and the contemporary economic order: Alasdair MacIntyre's 'revolutionary Aristotelianism' project. Central to this critique is the idea that the moral norms that markets and states tend to reproduce or reinforce are an obstacle to the development of practical judgment The book outlines MacIntyre's theory of practical reason and discusses some of the institutional arrangements that can be derived from it. It also explores the growing body of literature which has started to examine the extent to which alternative forms of social organisation might be more compatible with MacIntyre's account of the virtues. This literature includes various proposals for alternative political and economic arrangements, ranging from certain forms of market socialism to the promotion of different forms of mutual and cooperative enterprises. Finally, the book offers an account of the type of institutional analysis required for the advancement of the revolutionary Aristotelianism project. This is achieved by showing how some key features of the Bloomington school of political economy are not only compatible with MacIntyre's political philosophy, but also that a synthesis between neo-Aristotelian moral philosophy and the work of the Bloomington school offers a robust alternative for revolutionary Aristotelians. Thus, the book defends the idea that MacIntyre's account of human flourishing is more likely to be realised, although imperfectly, in a polycentric social order. This book will be of interest to social scientists working in questions of political economy as well as political and moral philosophers"--

Wealth and Virtue

Wealth and Virtue
Author: Istvan Hont
Publisher: Cambridge University Press
Total Pages: 384
Release: 1986-01-30
Genre: Philosophy
ISBN: 131658318X

Wealth and Virtue reassesses the remarkable contribution of the Scottish Enlightenment to the formation of modern economics and to theories of capitalism. Its unique range indicates the scope of the Scottish intellectual achievement of the eighteenth century and explores the process by which the boundaries between economic thought, jurisprudence, moral philosophy and theoretical history came to be established. Dealing not only with major figures like Hume and Smith, there are also studies of lesser known thinkers like Andrew Fletcher, Gershom Carmichael, Lord Kames and John Millar as well as of Locke in the light of eighteenth century social theory, the intellectual culture of the University of Edinburgh in the middle of the eighteenth century and of the performance of the Scottish economy on the eve of the publication of the Wealth of Nations. While the scholarly emphasis is on the rigorous historical reconstruction of both theory and context, Wealth and Virtue directly addresses itself to modern political theorists and economists and throws light on a number of major focal points of controversy in legal and political philosophy.

Virtue Politics

Virtue Politics
Author: James Hankins
Publisher: Harvard University Press
Total Pages: 769
Release: 2019-12-17
Genre: Political Science
ISBN: 0674242521

Winner of the Helen and Howard Marraro Prize A Times Literary Supplement Book of the Year “Perhaps the greatest study ever written of Renaissance political thought.” —Jeffrey Collins, Times Literary Supplement “Magisterial...Hankins shows that the humanists’ obsession with character explains their surprising indifference to particular forms of government. If rulers lacked authentic virtue, they believed, it did not matter what institutions framed their power.” —Wall Street Journal “Puts the politics back into humanism in an extraordinarily deep and far-reaching way...For generations to come, all who write about the political thought of Italian humanism will have to refer to it; its influence will be...nothing less than transformative.” —Noel Malcolm, American Affairs “[A] masterpiece...It is only Hankins’s tireless exploration of forgotten documents...and extraordinary endeavors of editing, translation, and exposition that allow us to reconstruct—almost for the first time in 550 years—[the humanists’] three compelling arguments for why a strong moral character and habits of truth are vital for governing well. Yet they are as relevant to contemporary democracy in Britain, and in the United States, as to Machiavelli.” —Rory Stewart, Times Literary Supplement “The lessons for today are clear and profound.” —Robert D. Kaplan Convulsed by a civilizational crisis, the great thinkers of the Renaissance set out to reconceive the nature of society. Everywhere they saw problems. Corrupt and reckless tyrants sowing discord and ruling through fear; elites who prized wealth and status over the common good; religious leaders preoccupied with self-advancement while feuding armies waged endless wars. Their solution was at once simple and radical. “Men, not walls, make a city,” as Thucydides so memorably said. They would rebuild the fabric of society by transforming the moral character of its citizens. Soulcraft, they believed, was a precondition of successful statecraft. A landmark reappraisal of Renaissance political thought, Virtue Politics challenges the traditional narrative that looks to the Renaissance as the seedbed of modern republicanism and sees Machiavelli as its exemplary thinker. James Hankins reveals that what most concerned the humanists was not reforming institutions so much as shaping citizens. If character mattered more than laws, it would have to be nurtured through a new program of education they called the studia humanitatis: the precursor to our embattled humanities.

Economics and the Virtues

Economics and the Virtues
Author: Jennifer A. Baker
Publisher: Oxford University Press
Total Pages: 280
Release: 2016
Genre: Business & Economics
ISBN: 019870139X

A volume by leading economists and philosophers that explores the contributions that virtue ethics can make to economics. Provides historical and modern insights in both economics and philosophy and offers suggestions for incorporating the ethics of virtue into economics to make it more applicable to moral dilemmas in the world outside the models.

Trust

Trust
Author: Francis Fukuyama
Publisher:
Total Pages: 488
Release: 1995
Genre: Business & Economics
ISBN:

The bestselling author of The End of History explains the social principles of economic life and tells readers what they need to know to win the coming struggle for global economic dominance.

Virtues of Independence and Dependence on Virtues

Virtues of Independence and Dependence on Virtues
Author: Ludvig Beckman
Publisher: Routledge
Total Pages: 232
Release: 2018-04-27
Genre: Political Science
ISBN: 1351323865

Debate about the concept of virtue is a persistent theme in academic discourse. One strand of thinking attempts to examine and reconstruct ethical theories with the aim of formulating a new morality or ethics. A second strand of thought, more strongly represented in this work, attempts to explore the social and political world deploying the concept of virtue. Thus, this volume crosses the established borders of academic disciplines in order to provide a richer and more comprehensive understanding of the place of virtues in contemporary western societies.The editors hold that the dominating virtue of our culture and society is the virtue of independence. Yet independence, or individual autonomy, is contingent upon a diverse, and so far ill-understood, set of cultural, biological, economic, ethical, and political practices. The idea of individuality is in other words supervening on a web of formal and informal relations. This volume therefore attempts to improve our understanding of the prevailing ethos of independence as well as of the mechanisms and practices sustaining it.Virtues are examined in specific contexts. Authors explore what we can learn about our dependence on virtues from the archaic Greek culture. They examine the relevance of virtue-ethics to the understanding of day-to-day practices. And they look at the place of virtues in understanding the norms of independence and liberty. Other contributions attend to the virtues of independence and its challenges, examining possible philosophical challenges, questioning whether independence is always a virtue, and how the virtues of justice fare given a commitment to the virtues of independence.The final portion of the book explore the empirical consequences of the virtues of independence. Among the questions addressed are how personal independence affects political and economic institutions, and the connections between norms of independence and the growth of modernity. This volume is an important contribution to contemporary understanding of what constitutes virtuous and ethical behavior.

Virtues, Morals and Markets

Virtues, Morals and Markets
Author: Rojhat Avsar
Publisher:
Total Pages: 0
Release: 2024
Genre: Business & Economics
ISBN: 9781032300238

"Being oblivious to the motivational nuances behind human behavior could lead one to overlook the distinction that a good action does not always indicate a good character. Conversely, this book argues that such nuances are paramount. Focusing on character over consequences is vital because motivational differences have fundamental implications for the welfare of the individual and society. Drawing on Aristotelian virtue ethics, the book argues that the utilitarian economic rhetoric, the rise of identity politics, and the growing commodification have allowed an illusion that moral and economic lives can be detached to take root in our culture. The book provides a robust philosophical argument articulating the inadequacy of the modern conception of morality (as a set of universal rules) that underlies economics and many modern-day institutions and aims to create a greater awareness of the connection between virtuous character and leading fulfilled lives. Integrating contemporary empirical findings with theoretical/philosophical insights, the book develops a coherent and convincing framework that could help transform the welfare ideology that underlies economic policies and modern institutions. This book is essential for anyone interested in questions of ethics in economics and related fields, including welfare economics, microeconomics, political economy, institutional economics, evolutionary economics, social economics, and behavioral economics"--

Exploring the Social and Political Economy of Alexis de Tocqueville

Exploring the Social and Political Economy of Alexis de Tocqueville
Author: Peter J. Boettke
Publisher: Springer Nature
Total Pages: 295
Release: 2020-02-07
Genre: Political Science
ISBN: 3030349373

Alexis de Tocqueville’s work touched upon an exceptionally broad range of social scientific disciplines, from economics to religion, and from education to international affairs. His work consistently appeals to scholars dismayed by existing disciplinary silos. Tocqueville is also well-regarded for diagnosing both the promise and perils of democratic life. Consideration of his ideas provokes serious consideration of and engagement with contemporary trends as citizens in democratic countries cope with challenges posed by new technological, cultural, and political changes. However, attention to Tocqueville is uneven across disciplines, with political theorists paying him the most heed and economists the least. This volume focuses on political economy, trying to bridge this divide. This book collects essays by emerging scholars from a variety of disciplines—political science, economics, sociology, philosophy, and social thought—to examine Tocqueville’s thoughts on political and social economy and its contemporary relevance. The book is divided into two halves. The first half engages with the main currents of research on Tocqueville’s own thoughts regarding economic institutions, constitutionalism, liberalism, history, and education. The second half applies Tocqueville’s insights to diverse contemporary topics including international relations, citizenship, mass incarceration, and pedagogy. This volume will be of interest to scholars and students interested in Tocqueville, the history of political thought, and a variety of current policy issues.