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The "Invisible Hand"

Journal of Business Ethics 46 (3):201 - 212 (2003)

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  1. Property and rights.Jan Narveson - 2010 - Social Philosophy and Policy 27 (1):101-134.
    I present what I take to be the approach to property rights, in which property is basically a unitary concept: owners are the ones with the right to do, and prohibit others from doing, whatever there is to do with the thing owned, within the limits imposed by the rights of others to their things. I expound and defend the idea of in more or less Lockean mode. I also point to the many difficulties of application of the general idea, (...)
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  • Cohen’s Rescue.Jan Narveson - 2010 - The Journal of Ethics 14 (3):263-334.
    G. A. Cohen’s Rescuing Justice and Equality proposes that both concepts need rescuing from the work of John Rawls. Especially, it is concerned with Rawls’ famous second principle of justice according to which social primary goods should be distributed equally unless an unequal distribution is to the benefit of the worst off. The question is why this would ever be necessary if all parties are just. Cohen and I agree that Rawls cannot really justify inequalities on the basis given. But (...)
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  • Democratic Agency and the Market Machine.Bernard Hodgson - 2012 - Journal of Business Ethics 108 (1):3-14.
    The alliance of pure market economies with democratic polities has traditionally been a problematic one. It is argued that orthodox theoretical conceptualizations of market behaviour and the application of such theory to our communal lives have entrenched an incoherent alliance. In particular, the reductive mechanism characteristic of both neo-classical economic theory and its deployment in our socio-economic order has severely undermined the telic agency required for the autonomy or self-rule definitive of an authentic democratic order. Such reduction is observed to (...)
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  • Why Business Firms Have Moral Obligations to Mitigate Climate Change.Anne Schwenkenbecher - 2018 - In Martin Brueckner, Rochelle Spencer & Megan Paull (eds.), Disciplining the Undisciplined? Perspectives from Business, Society and Politics on Responsible Citizenship, Corporate Social Responsibility and Sustainability. Springer. pp. 55-70.
    Without doubt, the global challenges we are currently facing—above all world poverty and climate change—require collective solutions: states, national and international organizations, firms and business corporations as well as individuals must work together in order to remedy these problems. In this chapter, I discuss climate change mitigation as a collective action problem from the perspective of moral philosophy. In particular, I address and refute three arguments suggesting that business firms and corporations have no moral duty to reduce greenhouse gas emissions: (...)
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