The ethical role of competition

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Chapter 2 in The Ethics of Competition, 2019, pp 27-57 from Edward Elgar Publishing

Abstract: This chapter explains why competition is useful from an ethical standpoint and for ethical goals. It refers, first, to classical philosophers such as Hume and Kant as well as to Bertrand Russell and John Rawls. Second, the ethical side of arguments from prominent economists such as Friedrich August von Hayek and William Baumol is explored, and examples from real-world economies are given. Finally, two literary authors’ views on competition and ethics are explored: Johann Wolfgang von Goethe and Thomas Mann.

Keywords: Business and Management; Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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