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Philosophical Perspectives on the Social Contract Theory: Hobbes, Kant and Buchanan Revisited. A Comparison of Historical thought Surrounding the Philosophical Consequences of the Social Contract and Modern Public Choice Theory. (English version)

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  • Ph.D. Canditate Mathias ROYCE

    (Dip. MktgComm (BAW), Dip. Mgt (Open), MBA (Open) is a current Doctoral Candidate in Political Economy [D. PolEc] at the SMC Swiss Management Center in Zurich/Switzerland. His research interests include contemporary European and pan-Asian/Pacific Comparative Politics, Austrian Economics and Libertarian Political Philosophy. SMC Swiss Management Center Balz Zimmermannstrasse 7, CH-8302 Zurich-Kloten, Switzerland)

Abstract

To what extent is a prevalent social order that is constructed upon the freedom of the individual impacted by decisions taken in the domain of positive economics? How does the Hobbesian reductionist view of the state of nature correlate to the Kantian view of selfruled individualism expressed through rationality and autonomy? Applying Hobbesian thought in a democratic-economic context explains established and customary behaviour patterns of political economy in a reduced environmental setting. In precisely such setting individuals remain individuals on the basis of their ability to freely enter into contracts and any political means are attached to these individuals governed through an artificially constructed social contract. In the value-based and moral understanding of the social contract in its Kantian interpretation, the individual demands dignity and respect. This consequently justifies the individual as an end, rather than only a mean. How does Hobbesian and Kantian philosophy measure-up to Buchanan’s public choice theory and to what degree does the inclusion of morals in public choice lead to a normative diffusion of the social contract theory?

Suggested Citation

  • Ph.D. Canditate Mathias ROYCE, 2010. "Philosophical Perspectives on the Social Contract Theory: Hobbes, Kant and Buchanan Revisited. A Comparison of Historical thought Surrounding the Philosophical Consequences of the Social Contract and ," Postmodern Openings, Editura Lumen, Department of Economics, vol. 4, pages 45-62, December.
    • Handle: RePEc:lum:rev3rl:v:4:y:2010:i::p:45-62
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    References listed on IDEAS

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    1. Ludwig van den Hauwe, 2005. "Public Choice, Constitutional Political Economy and Law and Economics," Method and Hist of Econ Thought 0508001, University Library of Munich, Germany, revised 09 Aug 2005.
    2. Heckathorn, Douglas D & Maser, Steven M, 1987. "Bargaining and the," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 3(1), pages 69-98, Spring.
    3. Buchanan, James M, 1987. "The Constitution of Economic Policy," American Economic Review, American Economic Association, vol. 77(3), pages 243-250, June.
    4. Rousseau, Jean-Jacques, 1762. "Du Contract Social; ou, Principes du Droit Politique," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number rousseau1762.
    5. Peter Leeson, 2009. "The calculus of piratical consent: the myth of the myth of social contract," Public Choice, Springer, vol. 139(3), pages 443-459, June.
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    More about this item

    Keywords

    Social contract; philosophical consequences; modern public choice theory; Kant; Hobbes; Buchanan;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • H00 - Public Economics - - General - - - General

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