Difference between revisions of "From Pleasure Machines to Moral Communities: An Evolutionary Economics without Homo economicus/corruption"

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| text = Given the absurdity of restricting the study and definition of corruption to the public sector, one may ask why so many social scientists define it in these limited terms... One possible reason for their bias is the widespread influence of pro-market, antistate, libertarian ideology. A primary ideological target is the allegedly systemic abuse of power by politicians. The misuse of power by directors of large corporations— several of which are as big as some national states—does not raise the same level of concern among leading libertarian thinkers. According to this thinking, most voluntary contracts between consenting adults are moral and legitimate, as long as they do not harm others. Ignoring the negative externalities of corruption, libertarians further argue that bribery and other forms of malpractice in the private sphere have potential benefits and are expressions of entrepreneurial activity.
 
| text = Given the absurdity of restricting the study and definition of corruption to the public sector, one may ask why so many social scientists define it in these limited terms... One possible reason for their bias is the widespread influence of pro-market, antistate, libertarian ideology. A primary ideological target is the allegedly systemic abuse of power by politicians. The misuse of power by directors of large corporations— several of which are as big as some national states—does not raise the same level of concern among leading libertarian thinkers. According to this thinking, most voluntary contracts between consenting adults are moral and legitimate, as long as they do not harm others. Ignoring the negative externalities of corruption, libertarians further argue that bribery and other forms of malpractice in the private sphere have potential benefits and are expressions of entrepreneurial activity.
| cite = [[Geoffrey Hodgson]], "{{Link |From Pleasure Machines to Moral Communities: An Evolutionary Economics without Homo economicus}}"
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| cite = [[Geoffrey Hodgson]], "{{Link |From Pleasure Machines to Moral Communities: An Evolutionary Economics without Homo economicus}}", p. 157.
 
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Latest revision as of 21:06, 24 December 2020