Smithian moral philosophy is based on an axiomatic principle: the individual’s necessary belonging to society and moral action as a determinant of individual wellbeing. The inherent social condition of the individual due to the impossibility of autonomous psychological and ontological survival, and the moral identification with one’s own happiness and that of others, achieved through direct or involuntary means, the empathy with the success or the pain of others. It is the prudent action that explains the civilian character of self-determination and self-control of decisions. For Smith, human beings are not only self-interested because they have a moral conscience and a socialized existence.
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Article provided by Universidad de Antioquia, Departamento de Economía in its journal LECTURAS DE ECONOMÍA.
Volume (Year): (2006) Issue (Month): 65 (Julio-Diciembre) Pages: 223-240 Download reference. The following formats are available: HTML
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Find related papers by JEL classification: B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith) B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General
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