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Full-Text Articles in Social and Behavioral Sciences
Plato’S Market Optimism, Brennan Mcdavid
Plato’S Market Optimism, Brennan Mcdavid
Philosophy Faculty Articles and Research
Despite the extensiveness of top-down control in his ideal city, Plato takes seriously the idea that the market does not require total regulation via legislation and that participants in the market may be capable of self-regulation. This paper examines the discussion of market regulation in the Republic and argues that the philosopher rulers play a very limited role in regulating market activities. Indeed, they are concerned only with averting excesses of wealth and poverty. The rules and regulations that are foundational to the daily functioning of the market – enforcement of contracts, resolution of disputes, etc. – are endogenous to …
Hume’S Politics And Four Dimensions Of Realism, Keith Hankins, John Thrasher
Hume’S Politics And Four Dimensions Of Realism, Keith Hankins, John Thrasher
Philosophy Faculty Articles and Research
Debates between realists and idealists in contemporary political theory have been confused by a tendency to conflate several distinct methodological theses. This article distinguishes between four dimensions of realism and shows how a novel reading of Hume’s politics can help us make sense of the importance of these theses and the relationships between them. More specifically, we argue that a theory we call normative conventionalism can be distilled from two of Hume’s more surprising and controversial essays, “The Idea of a Perfect Commonwealth” and “That Politics May Be Reduced to a Science.” This theory views norms and institutions as conventional …