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Economics and Vulnerability: Relationships, Incentives, Meritocracy

  • Luigino BruniEmail author
Chapter
Part of the Virtues and Economics book series (VIEC, volume 1)

Abstract

The paper warns that a significant body of philosophical work in virtue ethics is associated with a critique of the market economy and economics. The market depends on instrumental rationality and extrinsic motivation ; market interactions therefore fail to respect the internal value of human practices and the intrinsic motivations of human actors. By using market exchange as a central model, mainstream economics normalizes extrinsic motivation, not only in markets but also in social life more generally; therefore economics appears as an assault on virtues and on human flourishing.

Keywords

Good Life Ancient Community Manager Manager Happy Life Ancient World 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  1. 1.LUMSA UniversityRomeItaly

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