Virtue ethics and care ethics - The impact of market operation on virtues

3 important questions on Virtue ethics and care ethics - The impact of market operation on virtues

What are the negative impacts of market operation on virtues?

- Market operations may drive out intrinsic motivations.
- Increases in wealth replace attitude of savings by demand for instand, rather than delayed, gratification and diminished temperance.
- Increasing positional competition, envy, a stronger awareness of scarcity of greed.
- Market competition may promote corruption.
- Virtue of justice may be crowded out by severe competition.

What are the positive impacts of market operations on virtues?

- More polished human type.
- Commerce has a moral structure on its own, can enhance cooperative spirit.
- Market may impact personal virtues: discipline, realism, self-attribution.

What are the four theses that show how social preferences changed due to the introduction of market economy?

1. Doux commerce thesis.
2. Self-destrubtion thesis.
3. Feudal schakles thesis.
4. Feudal blessings thesis.

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