Fraternity: why the market need not be a morally free zone

Bruni, Luigino and Sugden, Robert (2008) Fraternity: why the market need not be a morally free zone. Economics and Philosophy, 24 (1). pp. 35-64. ISSN 1474-0028

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Abstract

This paper reappraises the idea, traceable to Adam Smith, of a fundamental distinction between market transactions and genuinely social relationships. On Smith’s account, each party to a market transaction pursues his own interests, subject only to the law of contract. Using the work of Smith’s contemporary Antonio Genovesi as our starting point, we reconstruct an alternative understanding of market interactions as instances of a wider class of reciprocal relationships in civil society, characterized by joint intentions for mutual assistance. We consider the implications of our arguments for current debates about whether marketed personal care services can be genuinely caring.

Item Type:	Article
Faculty \ School:	Faculty of Social Sciences > School of Economics
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Economic Theory Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences Faculty of Social Sciences > Research Centres > Centre for Competition Policy Faculty of Social Sciences > Research Groups > Behavioural Economics
Depositing User:	Gina Neff
Date Deposited:	13 Dec 2010 16:50
Last Modified:	21 Apr 2023 18:30
URI:	https://ueaeprints.uea.ac.uk/id/eprint/18409
DOI:	10.1017/S0266267108001661

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