Sacrifice, Solidarity, and the Scope of the Market
Why Might Permitting Trade Crowd Out Gifting, and Why Would It Matter
Bibliographic Data
| ID | 5823601 |
|---|---|
| Authors | Sandra Cotton (0000-0003-1877-0794, Australian National University, corresponding author), Simon Cotton |
| Year | 2017 |
| Volume | 49 |
| Issue | 3 |
| Pages | 352-378 |
| Publication date | 2017-06-29 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Polity (JOURNAL) |
| Journal identifiers | ISSN: 0032-3497 • E-ISSN: 1744-1684 |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/692124 |
| OpenAlex | W2731635887 |
| Language | EN |
| Citations received | 1 |
| References cited | 43 |
In the absence of a threat of maldistribution, what reason could there be to bar trade of a genuine good that is otherwise owned? Market skeptics have asserted that, once permitted, trade tends to crowd out gifting. Why should we care, though, if needs are satisfied via sales? More importantly, why suppose that permitting trade will cause crowding out? In this paper, I address both questions with an emphasis on the second. Normatively, I claim that gifting has expressive value over and above its value in satisfying needs. Causally, I differentiate between possible cultural and psychological mechanisms, and I offer an original, institutional one. The cultural mechanism relies on the notion that pricing symbolizes a good as a mere commodity. The psychological mechanism draws on empirical evidence that introducing a monetary incentive can diminish a good's provision. And the institutional mechanism invokes an assumed division of moral labor that dictates that each of us sometimes eschews opportunities to gift so that, together, we enable the invisible hand. I further argue that the institutional mechanism is likely to be more widely applicable than the more familiar cultural and psychological mechanisms
Scope (computer science · Skepticism · Value (mathematics · Ethics in Business and Education · Experimental Behavioral Economics Studies · Psychology of Moral and Emotional Judgment
Social Limits to Growth
Exploitation
Collective Intentions And Team Agency
Pay Enough or Don't Pay at All
Selling Yourself
A Theory of Justice
Philosophy and Public Affairs
Immanuel Kant
Beyond Individual Choice
Politics in Commercial Society
Gift Relations, Sexual Relations and Freedom
Justice as Fairness
Jerry Cohen’s Why Not Socialism? Some Thoughts
Fraternity
It’s My Body and I’ll Do What I Like With It
Beyond Homo Economicus
What Would a Rawlsian Ethos of Justice Look Like
Effects of externally mediated rewards on intrinsic motivation
Team reasoning and group identification
The Norm of Reciprocity
Market Reasoning as Moral Reasoning
When and Why Incentives (Don't) Work to Modify Behavior
Invisible-hand explanations
Team Reasoning and Intentional Cooperation for Mutual Benefit
Free gifts and positional gifts
Moral Views of Market Society
The Social Meaning of Money
The Social Psychology of the Gift
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,11 |
| Citation span | 2017 - 2017 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |