Value in Ethics and Economics

Value in Ethics and Economics

by Elizabeth Anderson
     
 

ISBN-10: 0674931890

ISBN-13: 9780674931893

Pub. Date: 10/28/1993

Publisher: Harvard University Press

Elizabeth Anderson offers a new theory of value and rationality that rejects cost-benefit analysis in our social lives and in our ethical theories. This account of the plurality of values thus offers a new approach, beyond welfare economics and traditional theories of justice, for assessing the ethical limitations of the market. In this light, Anderson discusses

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Overview

Elizabeth Anderson offers a new theory of value and rationality that rejects cost-benefit analysis in our social lives and in our ethical theories. This account of the plurality of values thus offers a new approach, beyond welfare economics and traditional theories of justice, for assessing the ethical limitations of the market. In this light, Anderson discusses several contemporary controversies involving the proper scope of the market, including commercial surrogate motherhood, privatization of public services, and the application of cost-benefit analysis to issues of environmental protection.

Product Details

ISBN-13:
9780674931893
Publisher:
Harvard University Press
Publication date:
10/28/1993
Pages:
262
Product dimensions:
6.32(w) x 9.46(h) x 0.85(d)

Table of Contents

Preface
1A Pluralist Theory of Value1
1.1A Rational Attitude Theory of Value1
1.2Ideals and Self-Assessment5
1.3How Goods Differ in Kind (I): Different Modes of Valuation8
1.4How Goods Differ in Kind (II): Social Relations of Realization11
2An Expressive Theory of Rational Action17
2.1Value and Rational Action17
2.2The Framing of Decisions22
2.3The Extrinsic Value of States of Affairs26
2.4Consequentialism30
2.5Practical Reason and the Unity of the Self38
3Pluralism and Incommensurable Goods44
3.1The Advantages of Consequentialism44
3.2A Pragmatic Theory of Comparative Value Judgments47
3.3Incommensurable Goods55
3.4Rational Choice among Incommensurable Goods59
4Self-Understanding, the Hierarchy of Values, and Moral Constraints65
4.1The Test of Self-Understanding65
4.2The Hierarchy of Values66
4.3Agent-Centered Restrictions73
4.4Hybrid Consequentialism79
4.5A Self-Effacing Theory of Practical Reason?86
5Criticism, Justification, and Common Sense91
5.1A Pragmatic Account of Objectivity91
5.2The Thick Conceptual Structure of the Space of Reasons97
5.3How Common Sense Can Be Self-Critical104
5.4Why We Should Ignore Skeptical Challenges to Common Sense112
6Monistic Theories of Value117
6.1Monism117
6.2Moore's Aesthetic Monism119
6.3Hedonism123
6.4Rational Desire Theory129
7The Ethical Limitations of the Market141
7.1Pluralism, Freedom, and Liberal Politics141
7.2The Ideals and Social Relations of the Modern Market143
7.3Civil Society and the Market147
7.4Personal Relations and the Market150
7.5Political Goods and the Market153
7.6The Limitations of Market Ideologies163
8Is Women's Labor a Commodity?168
8.1The Case of Commercial Surrogate Motherhood168
8.2Children as Commodities170
8.3Women's Labor as a Commodity175
8.4Contract Pregnancy and the Status of Women182
8.5Contract Pregnancy, Freedom, and the Law185
9Cost-Benefit Analysis, Safety, and Environment Quality190
9.1Cost-Benefit Analysis as a Form of Commodification190
9.2Autonomy, Labor Markets, and the Value of Life195
9.3Citizens, Consumers, and the Value of the Environment203
9.4Toward Democratic Alternatives to Cost-Benefit Analysis210
Conclusion217
Notes223
References231
Index241

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