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Beyond Selfishness: Adam Smith and the Limits of the Market

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Adam Smith and His Legacy for Modern Capitalism, WerhanePatricia, New York: Oxford University Press, 1991, 180 pp. plus notes, bibliography index.

Published online by Cambridge University Press:  23 January 2015

Robert C. Solomon
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Type
Review Article
Information
Business Ethics Quarterly , Volume 3 , Issue 4 , October 1993 , pp. 453 - 460
Copyright
Copyright © Society for Business Ethics 1993 

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References

Notes

1. From TMS 157-59, quoted in the context of this argument by Griswold in his manuscript “Adam Smith on Virtue and Selfishness,” abstract in Journal of Philosophy, Vol. LXXXVI, no. 11, November 1989.

2. Maclntyre, Whose Justice? Which Rationality? (University of Notre Dame Press, 1988). Werhane makes note that Smith is not, as he is usually conceived, a utilitarian (e.g., p. 11, 36-37). But, then, Hume is often argued to be not yet a utilitarian either, and if one takes the utilitarianism of John Stuart Mill rather than Jeremy Bentham as a model of this philosophy then I would think that there might be good reason to suggest that Smith is a utilitarian in this rather Aristotelian sense. (See my Ethics and Excellence, Ch. 9.)