CRIME AND PUNISHMENT: ADAM SMITH’S THEORY OF SENTIMENTAL LAW AND ECONOMICS

Autor: Maria Pia Paganelli, Fabrizio Simon
Přispěvatelé: Simon, Paganelli Maria Pia
Rok vydání: 2022
Předmět:
Zdroj: Journal of the History of Economic Thought. 44:268-287
ISSN: 1469-9656
1053-8372
DOI: 10.1017/s1053837220000437
Popis: For Adam Smith, a crime is not the result of a rational calculation of loss and gain but the consequence of envy and a vain desire to parade wealth to attract the approbation of others, combined with a natural systematic bias in overestimating the probability of success. Similarly, Smith does not conceive of legal sanctions as a rational deterrent but as deriving from the feeling of resentment. While the prevailing approach of the eighteenth century is a rational explanation of crime and a utilitarian use of punishment, Adam Smith instead builds his theory of criminal behavior and legal prosecution consistently on the sentiments. A well-functioning legal system is thus an unintended consequence of our desire to bring justice to the individual person, not the result of a rational calculation to promote the public good, just like a well-functioning economic system is the unintended consequence of our desire to better our own condition, not the result of a rational calculation to promote public good.
Databáze: OpenAIRE