2008
DOI: 10.1177/1474885107086445
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Commerce and Corruption

Abstract: Modern commercial society has been criticized for attenuating virtue and inhibiting the ethical self-realization of its participants. But Adam Smith, a founding father of liberal commercial modernity, anticipated precisely this critique and took specific measures to circumvent it. This article presents these measures via an analysis of his response to the critique of liberal commercial modernity set forth by Rousseau. It principally argues that Smith's distinctions of the love of praise from the love of praise… Show more

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Cited by 33 publications
(10 citation statements)
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“…But at the same time, Smith clearly foresaw the possible consequence of such an ethics if pursued to its conclusion -namely that an individual shaped by the morality of sympathy would be preeminently a slave to the strong need that men have for the approbation of their fellows'. 66 This explains why…”
Section: Praise and Praiseworthinessmentioning
confidence: 99%
See 3 more Smart Citations
“…But at the same time, Smith clearly foresaw the possible consequence of such an ethics if pursued to its conclusion -namely that an individual shaped by the morality of sympathy would be preeminently a slave to the strong need that men have for the approbation of their fellows'. 66 This explains why…”
Section: Praise and Praiseworthinessmentioning
confidence: 99%
“…Such individuals, plagued by solicitude for recognition, can no longer achieve the simple goodness natural to them in their uncorrupted, selfsufficient state'. 44 Living always in the eyes of others, men developed the distinction between being and appearing to be -between être and paraître -and in the process lost the capacity for virtue, possessing only its simulacrum in the gratification of amour propre.…”
Section: Praise and Praiseworthinessmentioning
confidence: 99%
See 2 more Smart Citations
“…Nonetheless, Smith hinted at the possibility for the individual to recover a sense of self-sufficiency in being oriented towards purely praiseworthy activities, even though commercial society appeared more obviously to reward what Ryan Hanley has called "the love of praise characteristic of the bourgeois". 118 To engage in the struggle to enjoy economic surplus as lifestyle adornments is meritorious only to the extent that merit is sought in praise. Crucially, the means of demonstrating that such praise is deserved requires the value system of commercial society to be transcended altogether.…”
Section: Smith and The Moral Threats Of Commercial Societymentioning
confidence: 99%