Author's Keywords: Aristotle, free markets, free enterprise, capitalism, virtue ethics, natural rights, liberalism, libertarianism	Convention Need a solution for abstract management? All Academic can help! Contact us today to find out how our system can help your annual meeting. Submission - Custom fields, multiple submission types, tracks, audio visual, multiple upload formats, automatic conversion to pdf. Review - Peer Review, Bulk reviewer assignment, bulk emails, ranking, z-score statistics, and multiple worksheets! Reports - Many standard and custom reports generated while you wait. Print programs with participant indexes, event grids, and more! Scheduling - Flexible and convenient grid scheduling within rooms and buildings. Conflict checking and advanced filtering. Communication - Bulk email tools to help your administrators send reminders and responses. Use form letters, a message center, and much more! Management - Search tools, duplicate people management, editing tools, submission transfers, many tools to manage a variety of conference management headaches! Click here for more information.
Association: Name: MPSA Annual National Conference URL: http://www.indiana.edu/~mpsa/
Citation: URL: http://www.allacademic.com/meta/p265830_index.html Direct Link: HTML Code:

Plauche, Geoffrey. "Free Markets and Free Enterprise: An Aristotelian-Liberal Account" Paper presented at the annual meeting of the MPSA Annual National Conference, Palmer House Hotel, Hilton, Chicago, IL, Apr 03, 2008 <Not Available>. 2008-12-10 <http://www.allacademic.com/meta/p265830_index.html>

Plauche, G. A. , 2008-04-03 "Free Markets and Free Enterprise: An Aristotelian-Liberal Account" Paper presented at the annual meeting of the MPSA Annual National Conference, Palmer House Hotel, Hilton, Chicago, IL Online <APPLICATION/PDF>. 2008-12-10 from http://www.allacademic.com/meta/p265830_index.html

Publication Type: Conference Paper/Unpublished Manuscript Abstract: Is capitalism merely of utilitarian or material value? Is it merely the only viable alternative? Are free markets and economic activity in fundamental tension with morality, or might they be fully compatible with the good life, indeed, even an integral part of it? Even some defenders of capitalism have had difficulty squaring market activity with morality. Bernard Mandeville wrote about private vices bringing about public benefits. Adam Smith famously remarked that individuals are led by an invisible hand to benefit the public interest while seeking only to further their own interests. In this way, many defenders of capitalism attempt to find some measure of value and justification in so-called private vices and self-interest, and in capitalism itself. This paper contends that such utilitarian defenses are flawed and concede too much to critics of free markets and free enterprise. The paper draws on the work of a number of thinkers including Aristotle, H.B. Acton and economists of the Austrian School to explore the nature of the market process and the ethical and cultural foundations of free markets and free enterprise. Moreover, contra Mandeville and Smith, the paper offers an account of how free markets encourage certain important virtues and discourage certain vices. The paper is a chapter of a dissertation on the development of a(n) (neo-)Aristotelian form of liberalism.

The Political Economies of Economic Liberalization: Veto Players, Economics, and Diffusion in the Shift to Free Market Economics

Aristotelian Liberalism: Eudaimonia, Virtue, and the Right to Liberty