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| Author: | Lynch, T. |
| Title: | Legitimating market egoism: The availability problem |
| Journal: | Journal of Business Ethics
2009 : JAN I, VOL. 84:1, p. 89-95 |
| Index terms: | markets |
| Freeterms: | market egoism utilitarism deontology |
| Language: | eng |
| Abstract: | It is quite a common view of market agents being self-interested (hereafter as: self-intd.) , non-benevolent or altruistic - call this market egoism - and that this is morally defensible, even morally required. There are two defence styles: i. utilitarian and ii. deontological. Yet, while they differ, they also confront a common problem, that is the availability problem: The more successful is the moral justification (as: justfn.) of self-intd. economic activity, the less there is for the justfn. to draw on. Religious justfns. of market egoism at least try to deal with the problem, however, secular accounts typically do not. |
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