2008
DOI: 10.1215/00182702-2008-006
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The Adam Smith Problem in Reverse: Self-Interest inThe Wealth of NationsandThe Theory of Moral Sentiments

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Cited by 64 publications
(34 citation statements)
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“…For Baudrillard and for Bauman and Obirek as for Smith, this sympathy is based on mirroring, where one person imaginatively reconstructs the experience of an observed other. This response is not the opposite of self-interest but is based on an individual's pursuit of self-interest through virtuous actions, where complete self-interest is moderated through the individual's desire to be both praised and praiseworthy (Paganelli 2008). For Smith (1776), the selfinterested individual acts in a manner that is mutually interdependent and ultimately unintentional and yet at the same time works to promote its society "more effectually than when he really intends to promote it."…”
Section: Fashion As Orchestrating Sympathymentioning
confidence: 99%
“…For Baudrillard and for Bauman and Obirek as for Smith, this sympathy is based on mirroring, where one person imaginatively reconstructs the experience of an observed other. This response is not the opposite of self-interest but is based on an individual's pursuit of self-interest through virtuous actions, where complete self-interest is moderated through the individual's desire to be both praised and praiseworthy (Paganelli 2008). For Smith (1776), the selfinterested individual acts in a manner that is mutually interdependent and ultimately unintentional and yet at the same time works to promote its society "more effectually than when he really intends to promote it."…”
Section: Fashion As Orchestrating Sympathymentioning
confidence: 99%
“…What about the role of self-interest as ambition in the WN? In a recent contribution to the "Problem", Paganelli (2008) shows that it is not in the WN, but in the TMS, that self-interest in the form of ambition can be useful to bring about the progress of nations. In her words, in the WN, "individual self-interest, when backed by the power of government, is left unbound to enrich a few at the expense of many" (2008, p. 380).…”
Section: Assessment Of Otteson's Contributionsmentioning
confidence: 99%
“…The increase in prosperity brought about by the internalization and the institutionalization of the rules of cooperation and at the same time made possible because of these rules of cooperation allows us to further develop cooperation. The increasing presence of commerce seems to become both the internalized and the institutionalized social glue needed to keep together large assemblies of strangers (Paganelli, 2008).…”
Section: The Institutionalization Of Rules Of Cooperation and Their Rmentioning
confidence: 99%