Details

Autor(en) / Beteiligte

• Lee, Dwight R.

Titel

Moderating the Dark Side of Emotional Morality with the Bright Side of Market Morality

Ist Teil von

• The independent review (Oakland, Calif.), 2012-10, Vol.17 (2), p.203-217

Ort / Verlag

Oakland: The Independent Institute

Erscheinungsjahr

2012

Quelle

Worldwide Political Science Abstracts

Beschreibungen/Notizen

• Making a convincing moral case for markets is difficult. The approach most often taken is to point to the desirable outcomes motivated by markets, many of which can be described as moral. Markets are unequaled in reducing poverty, improving environmental quality, decreasing discrimination, and providing opportunities for social and economic advance based on freedom and responsibility. These and other desirable market outcomes result from a spontaneous process of widespread social cooperation that few understand. Thus, the benefits that markets generate are easily taken for granted, with little appreciation being shown for the markets' role in providing them. Even when market outcomes are appreciated, they are morally tainted in the minds of many because they are seen to result from motives that are morally dubious, if not outright immoral. Stereotypical market behavior fails to satisfy the conditions that people associate emotionally with morality.