Self-interest and the theory of action Journal
Material type: TextPublication details: British Journal of Sociology 2012Description: Journal articleISSN: 1468-4446Subject(s): Self-interest | EconomicsDDC classification: Journals Online access: Open e-book (Ruskin students only) Summary: The concept of self-interest remains underdeveloped in sociology although central to economics. Recent methodological and social trends render sociological indifference to the concept untenable. The term has enjoyed historical predominance in the West since the sixteenth century. While it is seen in modern economics as a singular motivating force, Adam Smith regarded self-interest in economic action as necessarily moderated by sympathy. In addition to its problematic economic conceptualization self-interest has an experiential basis in unequal power relations. An alternative to the concept of self-interest is presented by Amartya Sen in his account of commitment; its inconsistencies, however, render Sen's statement unsatisfactory. Differences between present and future interests indicate that the distinction between self-interested and other-interested action is not sustainable.Item type | Current library | Home library | Class number | Status | Date due | Barcode | Item reservations | |
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Article | Electronic publication | Electronic publication | Available |
<p>British Journal of Sociology Vol. 63 no. 3 (Sept. 2012), p. 412-429.</p> <p>Available in the library. See journal shelves.</p> <p>Available online.</p>
The concept of self-interest remains underdeveloped in sociology although central to economics. Recent methodological and social trends render sociological indifference to the concept untenable. The term has enjoyed historical predominance in the West since the sixteenth century. While it is seen in modern economics as a singular motivating force, Adam Smith regarded self-interest in economic action as necessarily moderated by sympathy. In addition to its problematic economic conceptualization self-interest has an experiential basis in unequal power relations. An alternative to the concept of self-interest is presented by Amartya Sen in his account of commitment; its inconsistencies, however, render Sen's statement unsatisfactory. Differences between present and future interests indicate that the distinction between self-interested and other-interested action is not sustainable.
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