This essay attempts to interpret John Rawls's concept of the state in hisTheory of Justice. His concept is not an analysis of the existing monopoly capitalist state. Such an analysis can be found in, for example,The Fiscal Crisis of the State by James O'Connor. Rawls's concept is, by contrast, not one of the actual state but of an idealized state. Ideals, though, touch reality at some point. At what point does Rawls's concept of the state touch reality?The market is the (...) key to a realistic interpretation of Rawls's concept of the state. His view of the market is even at the basis of his renowned principles of justice. (shrink)

Religion and economy have had a very important role in shaping society and their connection to social matters has been present since the very appearance of money and birth of economic activities. In antiquity, the bond between religion and economy was very strong because ancient world was symbolic and was embedded with magic and religious ideas: economy was part of this “wholeness”, because it inherited from the past the social practices aimed at the well-being of people, which were under the (...) direct protection of the gods. The aim of my paper, hence, is to analyze the religious dimensions of money and economy in ancient societies, following the perspective of philosophy and mythology. Through the guide of a careful observer of human behavior, the great philosopher Aristotle, both disciplines can give interesting insights on the effect economy can have on society. The background for my research will be the cultures of ancient Mediterranean world, in particular, Greece and Mesopotamia, for we have a considerable amount of documents and literary works, whereas, regarding the methodology, I will approach the texts from an historical and comparative perspective. (shrink)

Business ethicists draw extensively on Aristotle’s work in defining the purpose of the business corporation. Insights from ancient authors can be valuable in illuminating contemporary issues, but we should be wary of enlisting their authority for our views without paying careful attention to what they might have intended by what they said in their own social and economic context. Business ethicists have argued that the business corporation should be a community within which its members can live a good life; that (...) its purpose should not be to maximise profits; and that it should integrate itself into a range of wider communities beyond its own boundaries and serve their interests. Aristotle would have agreed that the business corporation should not seek to make as much profit as possible, although he might have accepted that – in the light of modern developments in economic management - it should make enough profit to fund projects that would be beneficial to society. Aristotle’s view that the polis provided the setting in which people could best live a good life does not justify the claim that the business corporation can or should serve a similar purpose. Aristotle believed that people should strive for enough and not too much in several contexts, not only in acquiring wealth, but also in defining the size and scope of the community of which they should be members. Some expansive, contemporary views on the communities into which the business corporation should integrate itself are alien to Aristotle’s thinking. (shrink)

Resumen En el presente trabajo nos acercaremos a las reflexiones aristotélicas sobre lo económico, desde la perspectiva de Karl Polanyi, precisamente porque éste acude al filósofo griego con el ánimo de obtener elementos útiles para construir una profunda crítica de la moderna sociedad de mercado. Aristóteles intuyó el futuro incierto de un orden social devorado por relaciones económicas en hipertrófica expansión. En su época, desde luego, tal amenaza sólo era potencial y jamás vio la culminación efectiva de nada semejante. No (...) obstante, a pesar de ello, fue capaz de visualizar el significado último de lo que estaba en juego, además pudo comprender que un crecimiento desmedido y descontrolado de las relaciones mercantiles acabaría trastocando irremediablemente el equilibrio cívico; entendió que la extensión irrestricta del deseo de ganancia a todos los lazos humanos supondría una potente amenaza contra la médula misma de la comunidad política.This study approaches Aristotelian reflections on economy through the eyes of Karl Polanyi, as he resorts to the Greek philosopher to find useful elements when building a profound criticism of the modern market society. Aristotle intuited the uncertain future of a social order devoured by economic relations expanding at a hypertrophic rate. In his time, indeed, this was only a potential threat -he never saw the effective culmination of anything like what we are seeing today-. But he was nevertheless able to see the ultimate meaning of what was at stake, and to understand that the unmeasured, uncontrolled growth of market relations would irremediably affect the civic balance. He understood that the unrestricted extension of the desire for profit to all human ties would be a powerful threat to the heart of the political community. (shrink)