David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 95 (1):89 - 96 (2010)
In The Theory of Moral Sentiments (TMS) Adam Smith draws on the Stoic idea of a Providence that uses everything for the good of the whole. The process is often painful, so the Stoic ethic insisted on conscious cooperation. Stoic ideas contributed to the rise of science and enjoyed wide popularity in Smith's England. Smith was more influenced by the Stoicism of his professors than by the Epicureanism of Hume. In TMS, Marcus Aurelius's "helmsman" becomes the "impartial spectator," who judges actions in terms of the way they are seen by others. This is the key to justice, without which society collapses. Business school students should be taught that Smith's "invisible hand" is best understood as a universal rationality that uses just actions for the benefit of the whole
|Keywords||Stoic logos Christian Stoicism impartial spectator invisible hand|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
P. H. Clarke (2000). Adam Smith, Stoicism and Religion in the 18th Century. History of the Human Sciences 13 (4):49-72.
H. J. Hanham & David Kettler (1966). The Social and Political Thought of Adam Ferguson. Philosophical Quarterly 16 (65):365.
Marianne Jennings (2006). The Seven Signs of Ethical Collapse: How to Spot Moral Meltdowns in Companies-- Before It's Too Late. St. Martin's Press.
Citations of this work BETA
Paul Oslington (2012). God and the Market: Adam Smith's Invisible Hand. [REVIEW] Journal of Business Ethics 108 (4):429 - 438.
Similar books and articles
Paul Oslington (2011). Divine Action, Providence, and Adam Smith's Invisible Hand. In , Adam Smith as Theologian. Routledge.
Robert Fudge (2009). Sympathy, Beauty, and Sentiment: Adam Smith's Aesthetic Morality. Journal of Scottish Philosophy 7 (2):133-146.
Frederick Pollock (1879). Marcus Aurelius and the Stoic Philosophy. Mind 4 (13):47-68.
Ross B. Emmett (2011). Man and Society in Adam Smith's Natural Morality : The Impartial Spectator, the Man of System, and the Invisible Hand. In Paul Oslington (ed.), Adam Smith as Theologian. Routledge.
Jack Weinstein, Adam Smith's Marketplace of Life, by James R. Otteson. Cambridge: Cambridge University Press, 2002. Pp. 352. H/B £50.00, $70.00, P/B £19.95, $26.00. [REVIEW]
Firmin DeBranander (2006). Stoic Realpolitik. International Philosophical Quarterly 46 (3):277-292.
Alexander Broadie (2010). Aristotle, Adam Smith and the Virtue of Propriety. Journal of Scottish Philosophy 8 (1):79-89.
David Charles Gore (2011). Sophists and Sophistry in the Wealth of Nations. Philosophy and Rhetoric 44 (1):1-26.
Added to index2010-01-13
Total downloads24 ( #76,922 of 1,102,066 )
Recent downloads (6 months)1 ( #306,622 of 1,102,066 )
How can I increase my downloads?