Business Ethics Quarterly 19 (2):275-293 (2009)
When prices for basic commodities increase following a disaster, these price increases are often condemned as ‘price gouging’. In this paper, I discuss what moral wrongs, if any, are most reasonably ascribed to accusations of price gouging. This discussion keeps in mind both practical and moral defenses of price increase following disasters. I first examine existing antigouging legislation for commonalities in their definitions of gouging and then present arguments in favor of the permissibility of gouging, focusing on the economic benefits of price increases following disasters. I argue that gouging takes the form of a specific failure of respect for persons by undercutting equitable access to essential goods. While I discuss anti-gouging legislation throughout this paper, my aim is to give an account of the moral wrongs associated with gouging rather than guidance for developing morally defensible anti-gouging legislation.
|Keywords||Applied Philosophy Business and Professional Ethics Social Science|
|Categories||categorize this paper)|
References found in this work BETA
No references found.
Citations of this work BETA
Exploitation and Sweatshop Labor: Perspectives and Issues.Jeremy Snyder - 2010 - Business Ethics Quarterly 20 (2):187-213.
Is ‘Equal Pay for Equal Work’ Merely a Principle of Nondiscrimination?Jeffrey Moriarty - forthcoming - Economics and Philosophy:1-27.
The Nonworseness Claim and the Moral Permissibility of Better-Than-Permissible Acts.Adam D. Bailey - 2011 - Philosophia 39 (2):237-250.
The Just Price as the Price Obtainable in an Open Market.Juan M. Elegido - 2015 - Journal of Business Ethics 130 (3):557-572.
Similar books and articles
Price Gouging, Non-Worseness, and Distributive Justice.Matt Zwolinski - 2009 - Business Ethics Quarterly 19 (2):295-306.
Price Gouging and Market Failure.Matt Zwolinski - 2010 - In Gerald Gaus, Julian Lamont & Christi Favor (eds.), ESSAYS ON PHILOSOPHY, POLITICS & ECONOMIC: INTEGRATION AND COMMON RESEARCH PROJECTS. Stanford University Press.
Price Gouging in Disaster Zones: An Ethical Framework.Julian Lamont & Christi Favor - 2009 - Social Alternatives 28 (1):49-54.
Efficiency, Equity, and Price Gouging.Jeremy Snyder - 2009 - Business Ethics Quarterly 19 (2):303-306.
Efficiency, Equity, and Price Gouging: A Response to Zwolinski.Jeremy Snyder - 2009 - Business Ethics Quarterly 19 (2):303-306.
Added to index2009-03-05
Total downloads182 ( #23,701 of 2,152,647 )
Recent downloads (6 months)6 ( #119,810 of 2,152,647 )
How can I increase my downloads?