Living with the Invisible Hand: Markets, Corporations, and Human Freedom

Author:   Waheed Hussain (Associate Professor of Philosophy, Associate Professor of Philosophy, University of Toronto) ,  Arthur Ripstein (Professor of Law and Philosophy and University Professor, Professor of Law and Philosophy and University Professor, University of Toronto) ,  Nicholas Vrousalis (Associate Professor in Practical Philosophy, Associate Professor in Practical Philosophy, Erasmus University Rotterdam)
Publisher:   Oxford University Press Inc
ISBN:  

9780197662236


Pages:   256
Publication Date:   08 June 2023
Format:   Hardback
Availability:   To order   Availability explained
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Living with the Invisible Hand: Markets, Corporations, and Human Freedom


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Author:   Waheed Hussain (Associate Professor of Philosophy, Associate Professor of Philosophy, University of Toronto) ,  Arthur Ripstein (Professor of Law and Philosophy and University Professor, Professor of Law and Philosophy and University Professor, University of Toronto) ,  Nicholas Vrousalis (Associate Professor in Practical Philosophy, Associate Professor in Practical Philosophy, Erasmus University Rotterdam)
Publisher:   Oxford University Press Inc
Imprint:   Oxford University Press Inc
Dimensions:   Width: 23.60cm , Height: 2.10cm , Length: 16.20cm
Weight:   0.517kg
ISBN:  

9780197662236


ISBN 10:   0197662234
Pages:   256
Publication Date:   08 June 2023
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Foreword by T.M. Scanlon Editorial Preface Preface Introduction 1. The Institutional Perspective 2. Liberal Freedom Is Not the Issue 3. Social Coordination Through a Dynamical System 4. Authoritarianism in a Coordination Mechanism 5. Reason-sensitivity, Transparency, and Trustworthiness 6. Does a Liberal Market Democracy Satisfy the Anti-Authoritarian Ideal? 7. The Dynamical View of Business Corporations 8. An Intermediated Market Arrangement Appendix: What is a Market Economy? Bibliography Index

Reviews

A novel and important book. Living With the Invisible Hand reveals that market arrangements, precisely like states, can be authoritarian. They direct people's choices in ways that are disrespectful of their status as free persons. Underscoring the limits of dominant views of economic life and economic agency, Hussein explores the normative and institutional requirements necessary to reconcile the existence of markets with the imperative of freedom. This will be a lasting contribution. * Chiara Cordelli, Department of Political Science, University of Chicago * Waheed Hussain has left us with a gift - a thoughtful, compelling, original theory about markets and freedom. Human freedom in a complex market economy is not simply about having lots of economic options. Instead, Hussain offers an anti-authoritarian economic ideal, in which companies as well as government enable and respond to our judgments, rather than short-circuiting them in the name of efficiency. * Joshua Cohen, Boston Review *


A novel and important book. Living With the Invisible Hand reveals that market arrangements, precisely like states, can be authoritarian. They direct people's choices in ways that are disrespectful of their status as free persons. Underscoring the limits of dominant views of economic life and economic agency, Hussein explores the normative and institutional requirements necessary to reconcile the existence of markets with the imperative of freedom. This will be a lasting contribution. * Chiara Cordelli, Department of Political Science, University of Chicago * Waheed Hussain has left us with a gift — a thoughtful, compelling, original theory about markets and freedom. Human freedom in a complex market economy is not simply about having lots of economic options. Instead, Hussain offers an anti-authoritarian economic ideal, in which companies as well as government enable and respond to our judgments, rather than short-circuiting them in the name of efficiency. * Joshua Cohen, Boston Review *


Author Information

Waheed Hussain (1972-2021) was Associate Professor of Philosophy at the University of Toronto and previously taught at the Wharton School at the University of Pennsylvania. He earned a Doctorate from Harvard University and was a fellow at the Center for Human Values at Princeton. He wrote influential papers on consumer power, rivalry, and corporations. Arthur Ripstein is Professor of Law and Philosophy and University Professor at the University of Toronto. He received a doctorate in Philosophy from the University of Pittsburgh and has published widely, including, most recently, Kant and the Law of War and Rules for Wrongdoers. Nicholas Vrousalis is an Associate Professor in Practical Philosophy at Erasmus University Rotterdam. He has published in distributive ethics, the history of political thought, democratic theory, and Marxism. His most recent monograph, published by Oxford University Press, is entitled Exploitation as Domination.

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