The fallacy at the heart of welfare economics
https://davidellerman.substack.com/p/the-petitio-principii-fallacy-in
#Economics #EconTwitter #Econ #PoliticalEconomy #WelfareEconomics #Philosophy #Ethics #Utilitarianism #Utilitarian #Consequentialism #Consequentialist #capitalism #Egalitarianism #Egalitarian #Inequality
@wouldinotcallmyselfahumanbeing @sz_duras
Depending on the particulars of the #utilitarian argument, the case can work or not. If it is preference/desire satisfaction utilitarianism the case for capitalism follows from that any mutually beneficial transaction improves welfare. Capitalist employment is that assuming full consent. My response to such arguments is debunking #consequentialist #ethics. And rejecting collective preference satisfaction as the good in favor of freedom.
RE: https://mastodon.social/@jlou/115970177564955152
@ArthurI what do you think of this resolution I came up with to the consequentialist judgement paradox you came up with?
#philosophy #ethics #Consequentialism #utilitarian #utilitarianism #consequentialist #deontology #deontological
@wouldinotcallmyselfahumanbeing @sz_duras The reason competition between firms is necessary is because there is no way to enforce the firms doing a good job without having other people working on similar projects to compare to. It also prevents mismanagement.
I also think you’re straw manning pro-capitalists. Most centrists support capitalism on #utilitarian or individual rights based grounds. These ethics aren’t rooted in flawed analogies to Darwinian evolution.
Encarna Soler - [Ceramic Artist]
Ceramic artist specializing in utilitarian ceramics for Japanese tea ceremony (Chanoyu). Handcrafted functional pottery.
Robert Sapolsky on moral thinking vs moral feeling:
(this is FAQ format, the video starts at the 3rd question)
https://youtu.be/6yxpZgNFkbI?t=990
This is not a spoiler, but an observation that I'm making: utilitarian thinking depends on brain damage.
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J Lou
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