Ethics in Economic Theory and Practice
2003 (English)In: The Society of Christian Ethics: Pittsburgh, USA, 2003, 2003Conference paper (Refereed)
This paper, presented at the Annual Meeting with The Society of Christian Ethics in Pittsburgh 2003, presents the findings of an interdisciplinary research project in Sweden on the intersections between ethics and economics. Four ideas are defended.
Firstly, there are ethical assumptions implied in neoclassical economic theory. These are related to a kind of preference utilitartianism. Secondly, economic theory might contribute to the development of ethical theory and reflection. Ethicists might learn from economists to think comparatively.
Thirdly, Christian social ethics give important perspectives on economic practice. Different conceptions of market economy are related to different theories of justice. Fourthly, ethics can contribute to a revision of economic theory. Preference utilitarianism is not enough, but should be supplemented by a theory of justice. Feminist ethics can give interesting contributions to the development of an egalitarian understanding of economic justice.
Place, publisher, year, edition, pages
Ethics, Economics, Neoclassical Theory, Pareto principle, Preference Theory, Market economy, Justice
Religious Studies Philosophy
IdentifiersURN: urn:nbn:se:uu:diva-79617OAI: oai:DiVA.org:uu-79617DiVA: diva2:107530