Abstract
Mises arguments are centred on the acceptance of capitalism because of its monetary consequences. But he does not deal with the relation between ethics and the market. We will centre in the way to link Mises’ theory of human action with the classic Aristotelian ethical theory. The social system of assigning goods is structured in norms. These norms allow basic and derivative needs to be provided for. The system puts in the actor’s reach a host of desirable objects within the type of person that society regards as best. Thus the elements forming ethics as a system appear: norms, goods and virtues. Recovering the Aristotelian ethical framework will show that ethics as a regulator of action has components that act on each of the elements analysed. If an analysis of human reality has led us to recognize that a person is being-with, i.e. that her living dynamism is in essence social and cultural, ethics as a system of goods, norms and virtues will integrate the whole system, giving it cohesion. Each one exercises control over each action-originating system. Norms and goods evaluate the social and cultural system jointly. Virtues exercise control over the individual.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
For a development of these critics see Aranzadi (2006, Chap. 5).
- 2.
To this point John Finnis says: “He [Aristotle] meant that one does ethics properly, adequately, reasonably, if and only if one is questioning and reflecting in order to be able to act” (Finnis 1983, p. 1). Italics in the original.
- 3.
On the importance of the change from ‘verum quia factum’ onto ‘bonum est faciendum’ on the history of philosophy see. J. Ratzinger (1968, Chap. 1).
References
Aranzadi J (2006) Liberalism against liberalism. Routledge, London
Aristotle (1969) Nicomachean ethics (trans: Ross D). Oxford University Press, Oxford
Finnis J (1983) Fundamentals of ethics. Oxford University Press, Oxford
Hampshire S (1983) Revisions: changing perspectives in moral philosophy. Notre Dame Press, Notre Dame, IN
Hoppe HH (1993) The economics and ethics of private property. Kluwer Academic, Boston
Kant I (1956) Kritik der praktischen Vernunft in Studienausgabe in 6 Bänden. W. Weischedel, Wiesbaden
Kirzner I (1989) Discovery, capitalism and distributive justice. Basil Blackwell, Oxford
Pinckaers S (1985) The sources of christian ethics. The Catholic University of America Press, Washington, DC
Polo L (1996) Ética: hacia una versión moderna de los temas clásicos. Unión Editorial, Madrid
Ratzinger J (1968) Einführung in das Christentum. Kösel-Verlag, München
Rothbard MN (1998) The ethics of liberty, 2nd edn. New York University Press, New York
Seneca (1943) De vita beata. Editorial Aguilar, Madrid
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2018 The Author(s)
About this chapter
Cite this chapter
Aranzadi, J. (2018). The Ethical Framework of Individual Action. In: Human Action, Economics, and Ethics. SpringerBriefs in Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-73912-0_6
Download citation
DOI: https://doi.org/10.1007/978-3-319-73912-0_6
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-73911-3
Online ISBN: 978-3-319-73912-0
eBook Packages: Economics and FinanceEconomics and Finance (R0)