Re:Exploring and Debunking Lay Beliefs About Cynicism and Co...
by playday on Thursday August 31, 2023 @07:49PM
(#37345029)
Smith here isn’t arguing for a moral reevaluation of selfishness but rather pointing out that market systems have evolved to take advantage of even selfishness. In areas where this market systems haven’t evolved proper mechanisms yet, the expectation would be high levels of fraud. For instance in the case of butchers, people can trust a local butcher more than a traveling one - and in modern capitalism, regulations allow monopolies to maintain a minimal level of quality.
This is a poor starting point, since there are also neutral and positive appraisals of self-interest as the ultimate motive. That includes biologists from Darwin to Dawkins and economists from Smith to Hayek.
If you agree with Smith's famous dictum, self-interest is not by itself a negative appraisal. Most moral views can be interpreted as compatible with self-interest, if that is defined in a sufficiently long term. Can someone who has a neutral or positive appraisal of natural human self-interest in general be cynical? If not, and if human nature is actually driven by self-interest, then a non-negative attitude toward it is healthier.