Adam Smith and Immanuel Kant: On Markets, Duties, and Moral Sentiments

2010 ◽  
Vol 39 (1) ◽  
pp. 53-60 ◽  
Author(s):  
Mark White
Author(s):  
Nicholas Greenwood Onuf

Foucault’s sense of the modern epoch finds Kant everywhere in the background. If, for Kant, nature appears to accommodate our needs, human reason nevertheless has a purpose beyond ourselves; nature’s purpose dictates our use of reason. Kant had us use reason to progress from savagery to animal husbandry and the cultivation of the land, mutual exchange, culture, and civil society. Better known are Smith’s four stages of human history: the Ages of Hunters, Shepherds, Agriculture, and Commerce. Set back by nomadic barbarians, Europe belatedly developed a novel society of independent nations, ever vigilant (and often enough at war), committed to improving their productive capabilities and reaping the benefits of commerce. Rationalization and positivism marked the final stage, which in turn required a positive legal order grounded in unimpeachable sources of law. These James Madison definitively articulated when he was U.S. secretary of state.


Author(s):  
Tetsuo Taka

AbstractThis paper aims to extend and provide a new understanding of Adam Smith’s thoughts by focusing on some revisions in the 4th edition of The Theory of Moral Sentiments (Smith 1774), “the nutritional value theory of corn” in the Wealth of Nations, and then comparing Smith’s discourses on the formation of morality with C. Darwin’s. Smith’s understanding of human nature extended and deepened with the study of botany and other sciences at Kirkcaldy after spending 2 years in France as Duke Buccleugh’s tutor. He began to understand human nature not only as a composite of self-love and benevolence, but also of instinctual and experiential knowledge. Thus, Smith’s system transitioned to an evolutionary one, and he became an unconscious forerunner of the Darwinian theory of morality formation.


2016 ◽  
Author(s):  
Gabriël Brink

Since the time of Adam Smith, scholars have tried to understand the role moral sentiments play in modern life, an issue that became especially urgent during and after the 2008 global financial crisis. Previous explanations have ranged from the idea that modern society is built on moral values to the notion that modernisation results in moral decay. The essays in this interdisciplinary volume use the example of Dutch society and a wealth of empirical data to propose a novel theory about the ambivalent relation between contemporary life and human nature. In the process, the contributors argue for the need to reject simplistic explanations and reinvent civil society.


1977 ◽  
Vol 4 (1) ◽  
pp. 59-67 ◽  
Author(s):  
Jan Noordegraaf

Summary In 1761 Adam Smith (1723–90) published his Dissertation on the Origin of Languages. Erroneously scholars have thought that this essay appeared as a supplement to the second edition of Smith’s book The Theory of Moral Sentiments of the same year; in fact it was only added to the third edition of that work (1767). Against Coseriu’s opinion that Adam Smith must be considered as a pioneer of the typology of language, one can put forward that Smith’s ideas on the typology of language are very similar to those of the French Abbé Gabriel Girard (1677–1748), whose influence is admitted by Smith himself. On another point, it turns out that before 1809, the year in which J. Manget published a French translation of Smith’s Dissertation, already three other translations into French of the same work had appeared. First-hand inspection of texts appears desirable in the writing of the history of linguistics.


2019 ◽  
pp. 31-66
Author(s):  
James R. Otteson

Chapter 2 investigates the explanation Adam Smith gave in his famous Wealth of Nations (1776) for why some places are wealthier than others, and what political, economic, and other social institutions are required for increasing prosperity. The chapter discusses the conception of “justice,” as opposed to “beneficence,” that Smith offered The Theory of Moral Sentiments (1759), as well as Smith’s economizer, local knowledge, and invisible hand arguments from his Wealth of Nations that form the basis of his political economy. We look at the duties of government implied by Smithian political economy, including both what he argues government should do and what it should not do. We also look at empirical evidence to answer the question of whether Smith’s predictions on behalf of his recommendations have come true in the intervening centuries.


Author(s):  
David Fate Norton

Francis Hutcheson is best known for his contributions to moral theory, but he also contributed to the development of aesthetics. Although his philosophy owes much to John Locke’s empiricist approach to ideas and knowledge, Hutcheson was sharply critical of Locke’s account of two important normative ideas, those of beauty and virtue. He rejected Locke’s claim that these ideas are mere constructs of the mind that neither copy nor make reference to anything objective. He also complained that Locke’s account of human pleasure and pain was too narrowly focused. There are pleasures and pains other than those that arise in conjunction with ordinary sensations; there are, in fact, more than five senses. Two additional senses, the sense of beauty and the moral sense, give rise to distinctive pleasures and pains that enable us to make aesthetic and moral distinctions and evaluations. Hutcheson’s theory of the moral sense emphasizes two fundamental features of human nature. First, in contrast to Thomas Hobbes and other egoists, Hutcheson argues that human nature includes a disposition to benevolence. This characteristic enables us to be, sometimes, genuinely virtuous. It enables us to act from benevolent motives, whereas Hutcheson identifies virtue with just such motivations. Second, we are said to have a perceptual faculty, a moral sense, that enables us to perceive moral differences. When confronted with cases of benevolently motivated behaviour (virtue), we naturally respond with a feeling of approbation, a special kind of pleasure. Confronted with maliciously motivated behaviour (vice), we naturally respond with a feeling of disapprobation, a special kind of pain. In short, certain distinctive feelings of normal observers serve to distinguish between virtue and vice. Hutcheson was careful, however, not to identify virtue and vice with these feelings. The feelings are perceptions (elements in the mind of observers) that function as signs of virtue and vice (qualities of agents). Virtue is benevolence, and vice malice (or, sometimes, indifference); our moral feelings serve as signs of these characteristics. Hutcheson’s rationalist critics charged him with making morality relative to the features human nature happens at present to have. Suppose, they said, that our nature were different. Suppose we felt approbation where we now feel disapprobation. In that event, what we now call ‘vice’ would be called ‘virtue’, and what we call ‘virtue’ would be called ‘vice’. The moral sense theory must be wrong because virtue and vice are immutable. In response, Hutcheson insisted that, as our Creator is unchanging and intrinsically good, the dispositions and faculties we have can be taken to be permanent and even necessary. Consequently, although it in one sense depends upon human nature, morality is immutable because it is permanently determined by the nature of the Deity. Hutcheson’s views were widely discussed throughout the middle decades of the eighteenth century. He knew and advised David Hume, and, while Professor of Moral Philosophy at Glasgow, taught Adam Smith. Immanuel Kant and Jeremy Bentham, among other philosophers, also responded to his work, while in colonial America his political theory was widely seen as providing grounds for rebellion against Britain.


2018 ◽  
Vol 27 (1) ◽  
pp. 1-28
Author(s):  
Emmanoel de Oliveira Boff

Abstract Why has the “Adam Smith Problem” recently been discussed in the literature? Although most historians of economic thought regard the problem solved, these discussions cast doubt on this apparent solution. This article suggests that the “Adam Smith Problem” may originate from the concept of the human being developed by Smith in the “Theory of Moral Sentiments”: in this book, human beings can be understood as composed of an empirical and a (quasi) transcendental side, in the form of the impartial spectator. It is argued that it is the tension between these two parts which creates supposed inconsistencies between aspects of the “Theory of Moral Sentiments” and the “Wealth of Nations” like, for example, the role of sympathy and self-interest in each of these books.


Sign in / Sign up

Export Citation Format

Share Document