Abstract
Few deny that the origins of neoclassical economics lie in a particular social philosophy and ethics, namely hedonistic utilitarianism. Contemporary economists often ignore these roots and treat their concepts as if they were value-neutral and “scientific.” In effect, the focus on profit, self-interest, and the individual’s desires continues to reflect the origins of this approach.
This article draws on the author’s The Moral Dimension (New York: The Free Press, 1988) and more directly on his “Toward a Kantian Socio-Economics,” Review of Social Economics, XLV (April 1987) 37–47.
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Etzioni, A. (1990). Toward a Deontological Socioeconomics. In: Lutz, M.A. (eds) Social Economics: Retrospect and Prospect. Recent Economic Thought Series, vol 22. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2498-7_6
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