The Moral Rhetoric of Political Economy: Justice and Modern Economic Thought by

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This book examines the effects of the moral rhetoric of the market concept of justice on our understanding of justice. The shift in elevating commutative justice is traced through the moral rhetoric of praise and blame in the political economy of Adam Smith and Milton Friedman.

FORMATPaperback LANGUAGEEnglish CONDITIONBrand New Publisher Description

This book examines the effects of the moral rhetoric of the market concept of justice on our understanding of justice. Market theory's elevation of the role of commutative justice, or justice in exchange and property, is often taken as liberalism's revolutionary change in priorities of justice in parting from the feudal world. This change has come at the expense of diminishing the role of distributive justice, or justice in what the community owes its members. This diminishment rules out discussion in the public sphere of any questions about our obligations to each other outside the market, relegating such questions instead to the purview of social decorum; so at the very historical moment in which equality of persons becomes the foundational condition for political liberty, the implications of that equality for how we should treat each other cease to be admissible as live political issues – that is, discussable as justice.This shift in elevating commutative justice is traced through the moral rhetoric of praise and blame in the political economy of Adam Smith and Milton Friedman. Their theories of the market serve to implicitly position social and market decorum alongside an explicit commutative framework as the condition for a naturally self-regulating market. Their appeal to decorum is presented as a naturally occurring source of social stability. The book examines how these fundamental features of the economic argument represented by Smith and Friedman appear influentially in moral and political philosophy, among critics as well as supporters of the market system. The consistent problem is the persistent neglect of the genesis of individual identity's constitution in community, resulting in an overvaluation of individualism and an under-acknowledgement of the significance of belonging. Resolving this problem must necessarily focus on making relational complaints about justice part of public discussion again.This book should be of interest to graduate students and researchers looking at communication or rhetoric in the history of economic thought, political thought as well as moral philosophy and ethics.

Author Biography

Paul Turpin is Assistant Professor of Communication at University of the Pacific, USA.

Table of Contents

Introduction 1. Moral Rhetoric and Political Economy 2. Sympathy and Justice in Theory Of Moral Sentiments 3. Sympathy and Moral Horizons in Wealth of Nations 4. The Subordination of Distributive Justice in Milton Friedman's Capitalism and Freedom 5. The Materialization of Distributive Justice 6. Recognition and the Relational Demands of Distributive Justice 7. Recognition and the Problem of Solidarity

Review

"Turpin brings a fresh and important interpretation to the history of moral thought embedded in political economy. This book presents an impressive multi-disciplinary argument that is provocative, convincing, and consistent with what other observers have noted about the ills of a society modeled on an eighteenth-century ideal…" – Donald E. Frey, Wake Forest University (EH.Net, June 2011)'A multidisciplinary perspective that proves expertise in both economy and philosophy, and can be a useful reading for scholars in those fields, as well as for those interested in the general problem of justice and its moral, economic, social and rhetoric implications.' – Sergiu Bãlan, Department of Philosophy and Social Sciences, the Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, (6:1) 2012

Review Quote

"Turpin brings a fresh and important interpretation to the history of moral thought embedded in political economy. This book presents an impressive multi-disciplinary argument that is provocative, convincing, and consistent with what other observers have noted about the ills of a society modeled on an eighteenth-century ideale" e" Donald E. Frey, Wake Forest University (EH.Net, June 2011) e~A multidisciplinary perspective that proves expertise in both economy and philosophy, and can be a useful reading for scholars in those fields, as well as for those interested in the general problem of justice and its moral, economic, social and rhetoric implications.e(tm) e" Sergiu Blan, Department of Philosophy and Social Sciences, the Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, (6:1) 2012

Details ISBN0415747430 Author Paul Turpin Short Title MORAL RHETORIC OF POLITICAL EC Language English ISBN-10 0415747430 ISBN-13 9780415747431 Media Book Format Paperback Year 2013 Publication Date 2013-11-11 Imprint Routledge Subtitle Justice and Modern Economic Thought Place of Publication London Country of Publication United Kingdom Affiliation Assistant Professor of Communication, University of the Pacific, USA Series Routledge Frontiers of Political Economy UK Release Date 2013-11-11 AU Release Date 2013-11-11 NZ Release Date 2013-11-11 Pages 192 Publisher Taylor & Francis Ltd Alternative 9780415773928 DEWEY 330.01 Audience Tertiary & Higher Education We've got this

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