Author: Roger D. Congleton

Publisher: Oxford University Press

Published: 2022

Total Pages: 481

ISBN-13: 0197642780

"Solving Social Dilemmas demonstrates that social, political, and economic progress occur when ethical dispositions evolve in a manner that solves or ameliorate social dilemmas. That same process can account for the emergence of prosperous societies in the West during the late nineteenth and early twentieth centuries. It was substantially a consequence of increased moral support for commerce and careers in commerce that had emerged during the previous two centuries. To support these claims, two analytical histories are developed. The first uses elementary game theory to illustrate how critical social dilemmas can be solved by internalized ethical ideas about "proper" or "moral" conduct. That analytical history implies that in the absence of solutions to critical social dilemmas-of which there are many thousands-social, political, and economic development tends to be curtailed. The second analytical history surveys three centuries of ethical assessments concerning the proper role of commerce in a good life and good society. The authors reviewed all used economic illustrations to illustrate moral principles or how they may be applied. Because the illustrating examples are ones that their readers would have found "obvious," they shed light on the ethical dispositions in the communities to whom those works were addressed. Together, they reveal that concerns about the effects of market son ethical dispositions were diminishing during the centuries before the great acceleration of commerce in the nineteenth century. In fact, many of the authors reviewed argued that there was a complete harmony between ethical dispositions and commerce. Together the two narratives imply that shifts in norms directly and indirectly account for the relative prosperity of the West compared to other parts of the World during the twentieth century. It turns out that flourishing commercial societies have moral foundations"--