Description: The Invisible Hand and the Common Good by Bernard Hodgson Bernard Hodgson Department of Philosophy Trent University Peterborough, Ontario, Canada May 2004 Contents Preface . 1 Part One Setting the Problem Chapter 1 Public Interest and Self-Interest in the Market and the Democratic Process PETER KOSLOWSKI . 13 Chapter2 The Invisible Hand and Thinness of the Common Good RICHARD DE GEORGE . FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description The basic moral significance of neo-classical economics and the competitive market system it represents is founded on the classical liberal tradition in which the "simple system of natural liberty" is claimed to give expression to the harmony of each with all. Though such a common good would not be the outcome of the intentions of individual agents or state planning, nevertheless, the impersonal forces of a capitalist market would so allocate resources as to lead the self-interested participants in such an economy, as if by an "invisible hand", to a coherent social order of mutual advantage. The papers in this volume critically examine central aspects of the preceding social ethos underlying contemporary political economy and our increasingly globalized market culture. The inquiry is undertaken from a variety of disciplinary perspectives at the intersection of philosophy, economics, political science, sociology, psychology, and computer science. Notes Springer Book Archives Back Cover The basic moral significance of neo-classical economics and the competitive market system it represents is founded on the classical liberal tradition in which the "simple system of natural liberty" is claimed to give expression to the harmony of each with all. Though such a common good would not be the outcome of the intentions of individual agents or state planning, nevertheless, the impersonal forces of a capitalist market would so allocate resources as to lead the self-interested participants in such an economy, as if by an "invisible hand", to a coherent social order of mutual advantage. The papers in this volume critically examine central aspects of the preceding social ethos underlying contemporary political economy and our increasingly globalized market culture. The inquiry is undertaken from a variety of disciplinary perspectives at the intersection of philosophy, economics, political science, sociology, psychology, and computer science. Table of Contents One Setting the Problem.- 1 Public Interest and Self-Interest in the Market and the Democratic Process.- 2 The Invisible Hand and Thinness of the Common Good.- Two Constraining the Invisible Hand.- 3 Hiring Invisible Hands for Public Works.- 4 A Market Failures Approach to Business Ethics.- 5 Abstractions and Conceptual Automata in Economics and Non-Economics.- Three Moral Rights and Market Society.- 6 The Inherent Rights of For-Profit Corporations.- 7 Degrees of Property.- Four The Tyranny of the Invisible Hand.- 8 Understanding Market Theology.- 9 General Equilibrium Theory as Normative Ideal Social Order.- Five Economic Theory and Normative Realism.- 10 The Efficiency of the Non-profit Enterprise: Constitutional Ideology, Conformist Preferences and Reputation.- 11 Transformational Economics and the Public Good.- 12 On Economic Men Bearing Gifts and Playing Fair.- Six Free Hands and Moral Communities.- 13 The Person, the Market, and the Community.- 14 Social Trust and Modern Economies: The Example of Shopping.- 15 A Reconciliation of the Liberal and Communitarian Debate in the Light of the Methodenstreit.- 16 Voluntary Simplicity: Characterization, Select Psychological Implications, and Societal Consequences.- Seven The Global Reach of the Invisible Hand.- 17 Russias Experiment with the "Invisible Hand".- 18 Fostering the Common Good in Developing Countries: The Respective Responsibilities of States and International Businesses — Preliminary Notes Towards a Political Ethic for International Businesses.- 19 Globalization and the Re-Definition of Democratic Governance: From Compensatory to Protective Democracy.- List of Authors.- Index of Names. Promotional Springer Book Archives Long Description This volume consists of papers derived from the Ninth International Conference on Studies in Economic Ethics and Philosophy (SEEP), held at Trent University in Peterborough, Ontario, Canada, in June of 2002. Let me take this opportunity to express my appreciation to Professor Peter Koslowski for his original stimulus, encouragement, and continual assistance in making the Conference a success. I would also like to thank my Trent colleague, Professor David Holdsworth, for his steadfast help in the management of the Conference and the papers resulting from it. I am obliged to Mr. Louis Taylor of North George Studios in Peterborough for his expert professional service in preparing the manuscript for printing. Finally, let me gratefully acknowledge the generous financial sponsorship of the Conference by the Social Sciences and Humanities Research Council of Canada, and Trent Universitys Department of Philosophy and Graduate Centre for the Study of Theory, Culture, and Politics. Bernard Hodgson Department of Philosophy Trent University Peterborough, Ontario, Canada May 2004 Contents Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . IX Introduction BERNARD HODGSON . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Part One Setting the Problem Chapter 1 Public Interest and Self-Interest in the Market and the Democratic Process PETER KOSLOWSKI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Chapter2 The Invisible Hand and Thinness of the Common Good RICHARD DE GEORGE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 CONTENTS Part Two Constraining the Invisible Hand Chapter 3 Hiring Invisible Hands for Public Works EDWARDJ. NELL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 Chapter4 A Market Failures Approach to Business Ethics JOSEPH HEATH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 Chapter 5 Abstractions and Conceptual Automata in Economics and Non-Economics STEPHEN REGOCZEI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Feature Includes supplementary material: sn.pub/extras Details ISBN3642061095 Year 2010 ISBN-10 3642061095 ISBN-13 9783642061097 Format Paperback Imprint Springer-Verlag Berlin and Heidelberg GmbH & Co. K Place of Publication Berlin Country of Publication Germany Edited by Bernard Hodgson DEWEY 174 Edition 1st Short Title INVISIBLE HAND & THE COMMON GO Language English Media Book Series Ethical Economy Pages 465 Illustrations XVI, 465 p. Author Bernard Hodgson Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Edition Description Softcover reprint of hardcover 1st ed. 2004 Publication Date 2010-12-08 Alternative 9783540223535 Audience Professional & Vocational We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:96229501;
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ISBN-13: 9783642061097
Book Title: The Invisible Hand and the Common Good
Number of Pages: 465 Pages
Language: English
Publication Name: The Invisible Hand and the Common Good
Publisher: Springer-Verlag Berlin and Heidelberg Gmbh & Co. Kg
Publication Year: 2010
Subject: Government, Sociology
Item Height: 235 mm
Item Weight: 736 g
Type: Textbook
Author: Bernard Hodgson
Subject Area: Political Science
Item Width: 155 mm
Format: Paperback