The Virtual Reality of the Invisible Hand
| Autor: | Emma Tieffenbach |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Resilience
Social reality 05 social sciences ddc:100/501 General Social Sciences 06 humanities and the arts Library and Information Sciences Virtual reality 050905 science studies 0603 philosophy ethics and religion Epistemology Carl Menger Invisible hand Order (exchange) 060302 philosophy Invisible-hand explanation Self-interest Normative Relevance (law) Sociology 0509 other social sciences Philip Pettit Pace |
| Zdroj: | Social Science Information Social Science Information, Vol. 55, No 1 (2016) pp. 115-134 |
| ISSN: | 0539-0184 |
| DOI: | 10.1177/0539018415608966 |
| Popis: | Self-centred based explanations such as invisible-hand accounts look like armchair constructions with no relevance to the real world. Whether and how they nonetheless provide an insight into social reality is a puzzling matter. Philip Pettit’s idea of self-interest virtually bearing on choices offers the prospect of a solution. In order to assess the latter we first distinguish between three variants of invisible-hand explanations, namely: a normative, an historical and a theoretical one. We then show that, while the model of virtual self-interest is a helpful gloss on each variant, it may not convincingly succeed, pace Pettit, in reconciling the economic mind with the common mind. |
| Databáze: | OpenAIRE |
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