Exchange and solidarity

Barry Maguire

Economics and Philosophy, 2025, vol. 41, issue 3, 512-533

Abstract: According to the model of exchange as mutual assistance, an exchange can be perceived as a joint activity for mutual benefit – and needn’t involve any self-directed motives at all. This essay pushes back against this new defence of market motives. The essay develops an alternative ideal of production as caring solidarity, in which production is a joint activity of caring about one another. Points of overlap and difference are developed in some detail. The essay concludes by discussing the implications for an economics of caring solidarity, with discussion of the limitations of various market socialist strategies.

Date: 2025
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