David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Social Philosophy and Policy 24 (1):120-140 (2007)
This paper points to a lost and ignored strand of argument in the writings of liberalism's earliest defenders. These “classical” liberals recognized that market liberty was not always compatible with individual liberty. In particular, they argued that labor markets required intervention and regulation if workers were not to be wholly subjugated to the power of their employers. Functioning capitalist labor markets (along with functioning credit markets) are not “natural” outgrowths of exchange, but achievements hard won in the battle against feudalism. Further, and crucially, the existence of such markets required closing off other market choices. Footnotesa I would like to thank the other contributors to this volume, and its editors, for their helpful comments on an earlier draft of this essay.
|Keywords||No keywords specified (fix it)|
|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
No references found.
Citations of this work BETA
Lisa Herzog (2014). Adam Smith on Markets and Justice. Philosophy Compass 9 (12):864-875.
Similar books and articles
Fred Carstensen (1995). Civil Authority and the Articulation of Markets. Critical Review 9 (4):585-594.
Edward J. Romar (2009). Noble Markets: The Noble/Slave Ethic in Hayek's Free Market Capitalism. [REVIEW] Journal of Business Ethics 85 (1):57 - 66.
Robert E. Goodin (2006). Volenti Goes to Market. Journal of Ethics 10 (1-2):53 - 74.
Oliver Budzinski & Nadine Lindstädt, New Developments in Media Economics: The Concept of Multisided Markets (Neuere Entwicklungen in der Medienökonomik: Das Konzept der Mehrseitigen Märkte).
Virginia Held (2002). Care and the Extension of Markets. Hypatia 17 (2):19-33.
Fabienne Peter (2004). Choice, Consent, and the Legitimacy of Market Transactions. Economics and Philosophy 20 (1):1-18.
Daniel M. Hausman (1989). Are Markets Morally Free Zones? Philosophy and Public Affairs 18 (4):317-333.
W. Paul Cockshott & Allin F. Cottrell (1997). Value, Markets and Socialism. Science and Society 61 (3):330 - 357.
Debra Satz (2008). The Moral Limits of Markets: The Case of Human Kidneys. Proceedings of the Aristotelian Society 108 (1pt3):269-288.
Added to index2009-01-28
Total downloads148 ( #24,029 of 1,792,083 )
Recent downloads (6 months)7 ( #119,870 of 1,792,083 )
How can I increase my downloads?