The Morality of Markets & Governance
Posted: March 9, 2005 Filed under: Governance Reform Comments Off on The Morality of Markets & Governance
As a first stab at trying to elucidate an
alternate morality based on principle (not merely pragmatism) for critiquing
Libertarian policies, I’ve tried to summarize my (our?) views on Markets and
Governance. Here’s a refined
version.
alternate morality based on principle (not merely pragmatism) for critiquing
Libertarian policies, I’ve tried to summarize my (our?) views on Markets and
Governance. Here’s a refined
version.
The Morality
of Markets &
Governance
Draft 4,
3/9/2005
1.
Purpose
a)
Morality
The point of individual liberty
is to promote public good
The point
ofÊpublicÊgood is to
promoteÊindividualÊliberty
b)
Systems
The point of the Market to
recognizeÊindividualÊgood
The point
of Governance to
recognizeÊpublicÊgood
2.Ê
Ideology
a)
Complementarity
Democracy is applying the
Market toÊGovernance
RegulationÊis
applying Governance to the
Market
b)
Exclusivity
Anarchists want the Market to
do Governance
i.e., public good is subsumed
by individual good
Communists want Governance
to do the Market
i.e., individual good is
subsumed by public good
Radical Centrism 