The Possible Moral Objectives of Antitrust Policy

Richard S. Markovits ()
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Richard S. Markovits: University of Texas School of Law

Chapter Chapter 2 in Welfare Economics and Antitrust Policy - Vol. I, 2021, pp 11-47 from Springer

Abstract: Abstract To analyze the moral desirability of policies, one must understand how to execute moral analyses. This chapter provides brief accounts of basic moral concepts (such as “the just” [moral rights and moral duties] and “the moral good”), of different moral or purportedly-moral decision-criteria or normative positions (such as liberalism, utilitarianism, various non-utilitarian variants of egalitarianism, and libertarianism), of different moral categories of societies, of different types of conceptual arguments that some allege can demonstrate the “objective truth” of a particular conception of “the just” or “the moral good,” of the philosophically-informed empirical protocols I believe it is correct to use to identify the moral category to which a particular society belongs, the conception of justice to which a particular “moral-rights-based society” is committed, and the conception of the moral good to whose instantiation a particular “moral-goal-based society” is committed, of different positions that different philosophers and economists have taken on the “intellectual status” of moral arguments and conclusions, of the moral defensibility of the libertarian conception of distributive justice, and of the moral relevance of a choice’s impact on economic efficiency.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-79812-3_2

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DOI: 10.1007/978-3-030-79812-3_2

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