Politics in Commercial Society


Book Description

Scholars normally emphasize the contrast between the two great eighteenth-century thinkers Jean-Jacques Rousseau and Adam Smith. Rousseau is seen as a critic of modernity, Smith as an apologist. Istvan Hont, however, finds significant commonalities in their work, arguing that both were theorists of commercial society and from surprisingly similar perspectives. In making his case, Hont begins with the concept of commercial society and explains why that concept has much in common with what the German philosopher Immanuel Kant called unsocial sociability. This is why many earlier scholars used to refer to an Adam Smith Problem and, in a somewhat different way, to a Jean-Jacques Rousseau Problem. The two problems—and the questions about the relationship between individualism and altruism that they raised—were, in fact, more similar than has usually been thought because both arose from the more fundamental problems generated by thinking about morality and politics in a commercial society. Commerce entails reciprocity, but a commercial society also entails involuntary social interdependence, relentless economic competition, and intermittent interstate rivalry. This was the world to which Rousseau and Smith belonged, and Politics in Commercial Society is an account of how they thought about it. Building his argument on the similarity between Smith’s and Rousseau’s theoretical concerns, Hont shows the relevance of commercial society to modern politics—the politics of the nation-state, global commerce, international competition, social inequality, and democratic accountability.




The Problems and Promise of Commercial Society


Book Description

Adam Smith is popularly regarded as the ideological forefather of laissez-faire capitalism, while Rousseau is seen as the passionate advocate of the life of virtue in small, harmonious communities and as a sharp critic of the ills of commercial society. But, in fact, Smith had many of the same worries about commercial society that Rousseau did and was strongly influenced by his critique. In this first book-length comparative study of these leading eighteenth-century thinkers, Dennis Rasmussen highlights Smith&’s sympathy with Rousseau&’s concerns and analyzes in depth the ways in which Smith crafted his arguments to defend commercial society against these charges. These arguments, Rasmussen emphasizes, were pragmatic in nature, not ideological: it was Smith&’s view that, all things considered, commercial society offered more benefits than the alternatives. Just because of this pragmatic orientation, Smith&’s approach can be useful to us in assessing the pros and cons of commercial society today and thus contributes to a debate that is too much dominated by both dogmatic critics and doctrinaire champions of our modern commercial society.




Jealousy of Trade


Book Description

"The author focuses on Adam Smith and his contemporaries, who pondered these issues, particularly the nature and development of commercial society. They attempted to come to terms with the claim that, on the one hand, the market was a decisive element in economic progress, and, on the other, that its workings depended upon the release of the immoral desires of fallen men and that its consequences were socially and politically destabilizing. Hont reconstructs the salient features of this controversy between the proponents of market sociability and its most trenchant critics. In doing so, he has helped to locate historically the most important arguments at the heart of the emergence of modernity."--Jacket.







Commercial Society


Book Description

One of the greatest and most joyful challenges of adult life is to develop skills that make the people around us better off with us than without us. Integrity is a key part of that challenge. We are social animals, aiming not simply to trade but to make a place for ourselves in a community. You don’t want to have to pretend that you feel proud of fooling your customers into believing you could be trusted. The ethical question is: how do people have to live in order to make the world a better place with them than without them? The economic question is: what kind of society makes people willing and able to use their talents in a way that is good for them and for the people around them? The entrepreneurial question is: what does it take to show up in the marketplace with something that can take your community to a different level? In this book, the authors discuss the connections between the ethical, economic, and entrepreneurial dimensions of a life well-lived.




The Closed Commercial State


Book Description

This book presents an important new account of Johann Gottlieb Fichte's Closed Commercial State, a major early nineteenth-century development of Rousseau and Kant's political thought. Isaac Nakhimovsky shows how Fichte reformulated Rousseau's constitutional politics and radicalized the economic implications of Kant's social contract theory with his defense of the right to work. Nakhimovsky argues that Fichte's sequel to Rousseau and Kant's writings on perpetual peace represents a pivotal moment in the intellectual history of the pacification of the West. Fichte claimed that Europe could not transform itself into a peaceful federation of constitutional republics unless economic life could be disentangled from the competitive dynamics of relations between states, and he asserted that this disentanglement required transitioning to a planned and largely self-sufficient national economy, made possible by a radical monetary policy. Fichte's ideas have resurfaced with nearly every crisis of globalization from the Napoleonic wars to the present, and his book remains a uniquely systematic and complete discussion of what John Maynard Keynes later termed "national self-sufficiency." Fichte's provocative contribution to the social contract tradition reminds us, Nakhimovsky concludes, that the combination of a liberal theory of the state with an open economy and international system is a much more contingent and precarious outcome than many recent theorists have tended to assume.




Adam Smith and Rousseau


Book Description

This collection brings together an international and interdisciplinary group of Adam Smith and Jean-Jacques Rousseau scholars to explore the key shared concerns of these two great thinkers in politics, philosophy, economics, history, and literature. Looks at all aspects of the pivotal intellectual relationship between two key figures of the Enlightenment Jean-Jacques Rousseau (1712-78) and Adam Smith (1723-90) are two of the foremost thinkers of the European Enlightenment. They who made seminal contributions to moral and political philosophy and shaped some of the key concepts of modern political economy. Though we have no solid evidence that they met in person, we do know that they shared many friends and interlocutors.In particular, David Hume was Smith's closest intellectual associate and was also the one who arranged for Rousseau's stay in England in 1766. This collection brings together an international and interdisciplinary group of Adam Smith and Rousseau scholars to explore the key shared concerns of these two great thinkers in politics, philosophy, economics, history and literature




Building the Empire State


Book Description

Focusing on the state of New York, home to the first American banks, utilities, canals, and transportation infrastructure projects, Building the Empire State examines the origins of American capitalism by tracing how and why business corporations were first introduced into the economy of the early republic.




Quiet Politics and Business Power


Book Description

Does democracy control business, or does business control democracy? This study of how companies are bought and sold in four countries - France, Germany, Japan and the Netherlands - explores this fundamental question. It does so by examining variation in the rules of corporate control - specifically, whether hostile takeovers are allowed. Takeovers have high political stakes: they result in corporate reorganizations, layoffs and the unraveling of compromises between workers and managers. But the public rarely pays attention to issues of corporate control. As a result, political parties and legislatures are largely absent from this domain. Instead, organized managers get to make the rules, quietly drawing on their superior lobbying capacity and the deference of legislators. These tools, not campaign donations, are the true founts of managerial political influence.




Jean-Jacques Rousseau


Book Description

This is a book about the political thought of Jean-Jacques Rousseau. Its aim is to explain why, for Rousseau, thinking about politics – whether as democratic sovereignty, representative government, institutionalised power, imaginative vision or a moment of decision – lay at the heart of what he called his “grand, sad system.” This book tracks the gradual emergence of the various components of that system and describes the connections between them. The result is a new and fresh interpretation of one of Europe’s most famous political thinkers, showing why Rousseau can be seen as one of the first theorists of the modern concept of civil society and a key source of the problematic modern idea of a federal system.