Questions tagged [philosophy-of-economics]

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22 views

Arguments against forcing insurance of any kind by a state

Some states force their residents to pay for a broad insurance service often named "national insurance" or "social security"; it doesn't even matter if the subject has private ...
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1answer
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Were there philosophers who claimed that trading is immoral?

In a glimpse this might seem an absurd question because almost anyone anywhere in this world, trades, but, Where there philosophers who claimed that trading is immoral? Who claimed that the very act ...
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1answer
141 views

Kant's disjunctive judgement and neoliberalism

Using the definition of neoliberalism (will not paste here), and Kan't third category being of relation, primarily his disjunctive judgement, hence community, and its application to the notion of ...
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2answers
72 views

Could the Praxeology of the ASoE win the battle against the scientist agenda?

Praxeology is the method of the Austrian School of Ecnonomics. The Austrian School of Economics claims that Economics is a branch of phiolosophy [1], and because this uses the branch of the philosophy ...
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38 views

Understanding Inflation at philosophical level?

I came across this sentence at random "The Manhattan Project began modestly in 1939, but grew to employ more than 130,000 people and cost nearly US$2 billion (equivalent to about $23 billion in ...
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2answers
118 views

Is there an ethical difference between taking away and withholding?

Has anyone in contemporary ethics discussed whether or not there is a difference between (1) taking something away (e.g., stealing $100) or withholding something (e.g., refusing to pay $100 of taxes)?
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1answer
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Is socialism only one half of a dichotomy? [closed]

If it is only one half of a dichotomy, you could say the other half is capitalism. But is there a midway between the two? Or are there part socialist, part capitalist philosophies?
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4answers
158 views

Isn't socialism a form of democracy?

When looking at the opposites of socialism, it was pointed out that democracy is an opposite. If socialism is a system advocating that the means of production and distribution be owned or regulated by ...
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3answers
291 views

Why do economists say that growth is necessary?

Now I could ask this question on the economics site but I'm afraid it would be closed shortly after. Who dares to question one of its basic principles. As if it's a Natural law. But why should it be ...
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4answers
237 views

Philosophical framework for avoiding short-term strategies

In business and politics, often decision-makers make decisions that cause short-term gain, but long-term loss. So economically, this might be an unreasonable (lossy) and thus irrational process. Is ...
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2answers
163 views

Is the notion of a meritocracy inherently unethical and/or paradoxical?

Wikipedia says, Meritocracy (merit, from Latin mereō, and -cracy, from Ancient Greek κράτος kratos "strength, power") is a political philosophy which holds that certain things, such as economic ...
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5answers
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What is an example of human labour being the exclusive source of surplus value

Marx's labour theory seems to define surplus value as being produced exclusively from human labour. One discussion of this concept stated: Machinery, and tools of production do not create surplus ...
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Putting together a book list on individual vs collective thinking

I am very interested on comparing the drives to and results from individualist vs collectivist thinking. I'd like about 5-10 books and for them to portray both sides of the argument. So far I have: &...
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11answers
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Why are Objectivists against Socialism?

From what I understand, Objectivism advocates rational selfishness - to put yourself before the masses, unless you don't want to - essentially to do what you want instead of blind altruism. In the ...
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3answers
172 views

Is profiting from stock ownership moral?

When you buy shares of a company, you become its co-owner and are entitled to dividends proportional to your investment. From what I understand, co-ownership is offered simply because it has to be to ...
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4answers
2k views

Does capitalism have an end goal?

Occasionally I find that things such as "incentives" in a capitalist economy are as if they would be directed to a certain outcome or certain outcomes. E.g. that profit incentives matter only in so ...
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On capturing the concept of eudaimonia empirically

In recent years, the social sciences have gained traction at painting an empirical picture of ethical concepts that before (albeit not forever) had been treated a-priori. I think of competing theories ...
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1answer
145 views

Is there any new concept in Marxism that didn't exist in classical economics?

Surplus value is just economic profit. The organic composition of capital is just the investment rate. Capitalist mode of production is just a verbose way of saying capitalism. Exchange value is price....
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1answer
49 views

What is production [closed]

In ecological economics production means "process of transformation energy/matter into another energy/matter". So What is production in philosophy ?
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2answers
682 views

What did Karl Marx mean by "revolutionary combination due to association"?

In "The Communist Manifesto", it is said that: "The advance of industry, whose involuntary promoter is the bourgeoisie, replaces the isolation of the laborers, due to competition, by the ...
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117 views

Epistemology, Scientific Method and Formal Theory, Economics

Why is Economics considered not to apply the scientific method in its pure form, nor develop scientific theories and how so? Trade and Government policies(For political economics/positive political ...
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1answer
132 views

Is economics a science according to Popperian and Lakatosian standards? [duplicate]

According to Karl Popper's falsification criterion only a falsifiable theory is said to be a scientific theory. If this is true, is Economics falsifiable and hence considered scientific?
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10answers
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Is economics a science?

In class, I made the argument that economics is not science, because it cannot undertake repeatable experiments. Someone rebutted: this would mean that I am ignore an emerging body of work, some by ...
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4answers
446 views

Is it ethical to block ads while still consuming content?

When browsing the web, many users block advertisements for a surprisingly wide variety of reasons. The site operator can send the user whatever they want, often a mix of the sought after content, good ...
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1answer
191 views

Historicism vs Determinism

Can anyone explain the difference between historicism and determinism (e.g. economic determinism)? I've found articles that describe them as different things, while others treat them as synonyms. If ...
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6answers
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What are some good books on the philosophy of economics?

I'm a college student of physics, and I'm looking to expand my horizon in the field of philosophy of economics, so, what books would you recommend for newbies like me? I was thinking in history of ...
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6answers
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Can a "blood diamond" ever be redeemed for morally good purposes?

I'm looking at the concept of how bad money (blood diamonds for example) relates to good money, and how a transfer from one to the other would occur. Premise & Example I don't want to ...
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Is it immoral to pay taxes if your government conducts immoral activities?

Assume your government participates in immoral wars that are unjust according to your personal beliefs and religious doctrine (for example Christian just war theory), is giving support to the ...
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2answers
307 views

Marxism - primary contradiction of capitalism

After writing a long post, i decided to keep only the summary : I understand that in the marxist framework a mode of production is constituted by : the relations of production the productive forces ...
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1answer
144 views

Is "class culture" an artificial construct or does it have "natural" motivation?

Is "class culture" an artificial construct or does it have "natural" motivation? A lof of things, at least judging by internet, are associated or measured relative to socio-economic class. However, ...
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3answers
158 views

Are there objective-criteria for criticizing people's "market behavior"?

Are there objective-criteria for criticizing people's "market behavior"? That is, is there a set of criteria that one can objectively refer to as measuring, whether the "contribution" of a member is ...
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2answers
225 views

Mass surveillance and the concealed subject of power

In Spivaks essay, can the Subaltern speak, she states that: [the] contemporary invocations of the libidinal economy and desire as the determining interest, combined with practical politics of the ...
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4answers
224 views

Multidimensional value money

When I was a kid, I had a feeling that money was not that important, but the majority of people around me kept saying the opposite. So I thought that I just did not understand them. Now that I have ...
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2answers
243 views

How can laissez-faire capitalism not turn to corporatocracy?

An idea of corporatocracy (pretty dystopian) exists in some movies and videogames. Typically huge corporations ar epresented as having own armies and those armies can force citizens do their work. We ...
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72 views

Authors on the Business of Philosophy and the Philosopher's ego

In a capitalistic society every human experience is susceptible of becoming a business, eg. the business of beauty, sex, art, justice, health, education, journalism, emotions and psychology, ...
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6answers
571 views

Will automation emancipate us from labour?

In the The Human Condition, Arendt writes: The danger that the modern age's emancipation of labour will not only fail to usher in an age of freedom for all but will result, on the contrary, in ...
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1answer
254 views

For those who have read-and understood- "Living Currency" by Pierre Klossowski

The essay/book contains the following paragraph: "The manufactured object, as opposed to (natural) useful goods, though it may still hold some habitual meaning (for instance depending on how metals ...
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2answers
193 views

Are methodological individualism and materialism compatible?

One of the fundamental principles of the Austrian school of economics, particularly the kind promoted by Ludwig von Mises and Murray Rothbard, is methodological individualism, according to which the ...
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5answers
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What responses have there been to Mises' theory of praxeology?

In his treatise Human Action, Austrian School economist Ludwig von Mises attempts to establish economics not as an empirical science, or a mathematical theory, but as a synthetic a priori endeavor he ...
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64 views

It is posible a Resourced Based Economy? [closed]

When I refer to a resource-based economy, I refer to the proposal of the groups of The Zeitgeist Movement and The Venus Project https://www.thevenusproject.com/resource-based-economy/
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4answers
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Scenario in which society is better off by someone breaking a rule?

Suppose there is some rule in some social setting/scenario where society (or a relevant smaller set of people) is/are better off when some people violate it. Specifically, we have that (where '>' ...
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6answers
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Whats the difference between fixed and constant capital?

Rosa Luxembourg in The Accumulation of Capital describes & investigates the constant and fixed capital of Marx & Smith respectively. With Marx, she says Constant capital is the value ...
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4answers
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What's the purpose of economics / How is economics useful to humans? [closed]

What is the purpose of economics? By purpose I mean having a purpose in a similar sense that eating and producing food has a purpose for survival. What does economics produce? How does it help ...
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6answers
2k views

What is Money, (not money)?

Money plays a major role in our experience and I find that very few people explore the idea of what it is. This question concerns Form. Money is any item or verifiable record that is generally ...
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5answers
334 views

Does this count as a critique of Marxs Labour theory of value?

Marxs theory of value uses the input of Labour as determinining Production Value. But what if we can do away with Labour? For example, consider a perfectly automated factory producing mugs. This ...
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3answers
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How does Marxist Economics account for taxation?

In Marxs theory of Capital, he suggests that the origin of profit (in a factory) is surplus labour. (A factory may as well be a company, a record label or a health-care unit). The government by ...
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What does it mean to borrow from the future?

I've heard this phrase used in economics. But it seems singularly inapt, the future is never here - how can you borrow something that doesn't exist?
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Is the gender divide a class divide?

Simone Weil wrote in Gravity & Grace: Up to now, history has only shown us societies divided up into classes, except for altogether primitive societies in which no differentiation has yet ...
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1answer
127 views

Where does Adorno find this quote of Marx?

In Negative Dialectics, Adorno quotes Marx as saying: even if a society has found a natural law of motion - and the present works ultimate goal is to unveil the law of modern society economic motion -...
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Marxism and Capitalism as a Schism

Is it possible to see Marxism and Capitalism as a kind of ideological schism, in the same way, say we have a schism between Protestatism & Catholicism in Christianity, and between Sunni & ...