Ethical Economy. Studies in Economic Ethics and Philosophy

Transcription

1 Ethical Economy. Studies in Economic Ethics and Philosophy Volume 54 Series Editors Alexander Brink, University of Bayreuth Jacob Dahl Rendtorff, Roskilde University Founding Editor Peter Koslowski, VU University Amsterdam, Amsterdam Editorial Board John Boatright, Loyola University Chicago, Illinois, USA George Brenkert, Georgetown University, Washington D.C., USA James M. Buchanan, George Mason University, Fairfax, Virginia, USA Allan K.K. Chan, Hong Kong Baptist University, Hong Kong Christopher Cowton, University of Huddersfield Business School, Huddersfield, United Kingdom Richard T. DeGeorge, University of Kansas, Lawrence, Kansas, USA Thomas Donaldson, Wharton School, University of Pennsylvania, Philadelphia, USA Jon Elster, Columbia University, New York, USA Amitai Etzioni, George Washington University, Washington D.C., USA Michaela Haase, Free University Berlin, Germany Carlos Hoevel, Catholic University of Argentina, Buenos Aires, Argentina Ingo Pies, University of Halle-Wittenberg, Halle, Germany Yuichi Shionoya, Hitotsubashi University, Kunitachi, Tokyo, Japan Philippe Van Parijs, University of Louvain, Louvain-la-Neuve, Belgium Deon Rossouw, University of Pretoria, Pretoria, South Africa Josef Wieland, Zeppelin University, Friedrichshafen, Germany

2 Ethical Economy describes the theory of the ethical preconditions of the economy and of business as well as the theory of the ethical foundations of economic systems. It analyzes the impact of rules, virtues, and goods or values on economic action and management. Ethical Economy understands ethics as a means to increase trust and to reduce transaction costs. It forms a foundational theory for business ethics and business culture. The Series Ethical Economy. Studies in Economic Ethics and Philosophy is devoted to the investigation of interdisciplinary issues concerning economics, management, ethics, and philosophy. These issues fall in the categories of economic ethics, business ethics, management theory, economic culture, and economic philosophy, the latter including the epistemology and ontology of economics. Economic culture comprises cultural and hermeneutic studies of the economy. One goal of the series is to extend the discussion of the philosophical, ethical, and cultural foundations of economics and economic systems. The series is intended to serve as an international forum for scholarly publications, such as monographs, conference proceedings, and collections of essays. Primary emphasis is placed on originality, clarity, and interdisciplinary synthesis of elements from economics, management theory, ethics, and philosophy. More information about this series at

3 Jakob Bek-Thomsen Christian Olaf Christiansen Stefan Gaarsmand Jacobsen Mikkel Thorup Editors History of Economic Rationalities Economic Reasoning as Knowledge and Practice Authority This book and the research of its editors was first and foremost made possible through the generous funding of Velux Fonden. Furthermore, The Danish Council for Independent Research supported the editing of the book in its final stages.

4 Editors Jakob Bek-Thomsen Institute for Culture and Society Aarhus University Aarhus, Denmark Stefan Gaarsmand Jacobsen Department of Management, Politics and Philosophy Copenhagen Business School Frederiksberg, Denmark Christian Olaf Christiansen Institute for Culture and Society Aarhus University Aarhus, Denmark Mikkel Thorup Institute for Culture and Society Aarhus University Aarhus, Denmark ISSN Ethical Economy ISBN DOI / ISSN (electronic) ISBN (ebook) Library of Congress Control Number: Springer International Publishing AG 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

5 Contents 1 Introduction... 1 Jakob Bek-Thomsen, Christian Olaf Christiansen, Stefan Gaarsmand Jacobsen, and Mikkel Thorup 2 From Permutation of Commodities to the Praise of Doux Commerce. Changes in Economic Rationality in Early Modern Times Catherine Secretan 3 The Nutrition of a Commonwealth: On Hobbes s Economic Thought Laurens van Apeldoorn 4 Circulation of Blood and Money in Leviathan Hobbes on the Economy of the Body Christoffer Basse Eriksen 5 Profits and Morals in Leon Battista Alberti s I libri della famiglia Jakob Bek-Thomsen 6 The Meanings of Work in John Locke Campbell Jones 7 Financial Reasoning in The Midst of Revolution and Wars: Merchants and Bankers Between Paris, London, and Amsterdam, Niccolò Valmori 8 Prose Genre and the Emergence of Modern Economic Reasoning in Eighteenth-Century Britain Jill Marie Bradbury v

6 vi Contents 9 Political Economy and Its Public Contenders Stefan Gaarsmand Jacobsen and Thomas Palmelund Johansen 10 The Promissory Self Credit and Debt Rationalities in the Work and Life of Karl Marx Mikkel Thorup 11 Democratic Governance: A Genealogy Mark Bevir 12 The Economic De-Legitimization and Legitimization of Arts Policies Erwin Dekker 13 From Health for All to Health as Investment: The Role of Economic Rationalities in the Transition from International to Global Health Katherine E. Kenny 14 The Economic Rationality of Doing Good to Do Well and Three Critiques, 1990 to the Present Christian Olaf Christiansen

7 About the Authors Jakob Bek-Thomsen is assistant professor at Aarhus University, Institute for Culture and Society. He has worked with both the history of medicine and economic thinking during the Renaissance with a particular attention as to how humanist movements and ideas influenced and informed other areas of knowledge. His current research is connected with modern medicine and its understanding of death in connection with terminal illness. Mark Bevir is a professor in the Department of Political Science, University of California, Berkeley. He is the author or co-author of The Logic of the History of Ideas (1999), Interpreting British Governance (2003), New Labour: A Critique (2005), Governance Stories (2006), Key Concepts of Governance (2009), The State as Cultural Practice (2010), Democratic Governance (2010), The Making of British Socialism (2011), Governance: A Very Short Introduction (2012) and A Theory of Governance (2013). Jill Marie Bradbury is a professor in the Department of English at Gallaudet University. She became interested in the history of economic thought while double majoring in economics and English as an undergraduate. Since receiving her PhD at Brown University, she has published several essays on eighteenth-century economic discourse, including Interest and Anglo-Irish Political Discourses in the Bank Pamphlet Literature in Eighteenth-Century Ireland and Domestic, Moral, and Political Economies in Swift s Irish Writings in Anglo-Irish Identities, , which she also coedited. She is currently working on a book titled British Economic Discourses, , and her master s degree in economics at George Mason University. Christian Olaf Christiansen is associate professor at Aarhus University, Institute for Culture and Society. Christian is an intellectual historian working with twentiethcentury economic and political thought in an American and global context. His current research is a comparative intellectual history of two approaches to inequality and poverty reduction during post-war globalisation: socio-economic human vii

8 viii About the Authors rights and market /business-based ideas for poverty reduction. Earlier publications include Progressive Business: An Intellectual History of the Role of Business in Society (with Oxford University Press, 2015). Erwin Dekker is assistant professor in cultural economics at the Erasmus University in Rotterdam and postdoctoral fellow at the George Mason University Department of Economics. He has recently published The Viennese Students of Civilization with Cambridge University Press. His research focuses on every area where art and culture meet economics. He has published in the fields of cultural economics, economic methodology and intellectual history, and he is currently working on exemplary goods and moral frameworks. Christoffer Basse Eriksen is a doctoral student at the Department of Philosophy and History of Ideas at Aarhus University. His interests lie in the interrelationship between early modern natural philosophy and the history of the life sciences. In his dissertation, he examines the early uses of the microscope in the seventeenth century and especially the emergence of the microorganic realm of nature. He has written reviews for the Journal of Early Modern Studies, Preternature, Intellectual History Review and Early Science and Medicine. Stefan Gaarsmand Jacobsen is a postdoctoral researcher at Copenhagen Business School, working on the historical trajectories of radical economic thought. His current project is about the struggles inside the climate movement to create a powerful response to the corporate dominance of political economy since the late 1990s. He is currently editing the anthology Climate Justice and the Economy with Routledge. His previous research has been published in Journal of Early Modern History, Journal of World History and Journal for Eighteenth-Century Studies. Thomas Palmelund Johansen is a PhD candidate in the history of ideas at the Department of Culture and Society, Aarhus University. He has taught modules on history of science, scientific method and theories of professions and is currently working towards the completion of a dissertation on the role of economic ideas in the debates on print, popular education and useful knowledge in late-georgian England. His work has been published in Scandinavian and international journals and volumes. Campbell Jones is Associate Professor of Sociology at the University of Auckland, where he teaches finance, critical theory and the sociology and politics of work. He is also a Researcher at the think tank Economic and Social Research Aotearoa, where he conducts collaborative research on work, political organisation and economic planning. He is author of numerous books and articles and is currently writing a book on the nature of work.

9 About the Authors ix Katherine E. Kenny is a postdoctoral research fellow in sociology in the School of Social Sciences at the University of New South Wales, Sydney Australia. She combines disciplinary training in sociology and science and technology studies with research interests in health and illness, biopolitics, neoliberalism, globalisation and the politics of knowledge production. She is currently working on a project investigating the social meanings of cancer survivorship for patients, their careers and health professionals. Catherine Secretan is senior researcher at the Centre National de la Recherche Scientifique (France). She has published many scholarly papers, monographs and translations on Dutch political ideas in the Early Modern Period (sixteenth to seventeenth century). Among her recent work is Lambert van Velthuysen. A Letter on the Principles of Justness and Decency: Containing a Defence of the Treatise De Cive of the Learned Mr. Hobbes, with Malcolm de Mowbray (2013); In praise of Ordinary People: Early Modern Britain and the Dutch Republic, with Margaret C. Jacob (2013); and Les Pays-Bas aux XVIIe et XVIIIe Siècles: Nouveaux Regards, with Delphine Antoine-Mahut (2015). Mikkel Thorup is professor with special responsibilities in market cultures and the history of political thought at the Institute of Culture and Society, University of Aarhus, Denmark. Thorup is the author and editor of numerous books, including An Intellectual History of Terror (2010), Rousseau and Revolution (with Holger Lauritsen, 2010), Intellectual History: 5 Questions (with Morten H Jeppesen and Frederik Stjernfelt, 2013), Pro Bono (2015), The Total Enemy (2015) and Intellectual History of Economic Normativities (2016). Thorup was the principal investigator on the research project ECORA behind this publication. Niccolò Valmori obtained an MA in history from the University of Milan working on the first period of the French revolution. At the European University Institute, he defended a PhD thesis by the title Private interest and public sphere: finance and politics in France, England and the Netherlands during the Age of Revolution, His main fields of interest are French revolution, Atlantic history and economic history. Laurens van Apeldoorn is assistant professor in philosophy at Leiden University, the Netherlands. His research interests include early modern political thought, in particular the philosophy of Thomas Hobbes, and contemporary political theory. He obtained a DPhil degree in political theory at the University of Oxford and has held visiting positions at the University of Montreal and University of Toronto.