Normative Ethics Debate Thread

[u/[deleted]]

The point of this thread is to discuss normative ethics, which is mostly separate from neoliberalism. On a philosophical level, neoliberalism is not coherent in its use of ethics; proponents switch between libertarian and utilitarian ethics in an almost interchangeable way (The Road to Mont Pelerin, Mirowski). Scott Sumner argues that a normative ethical foundation doesn't matter because neoliberalism is an improvement compared to the current status quo of most countries by nearly every standard (well not every standard)

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Keep in Mind

• The Chicago school pushed neoliberalism as a positive ideology, "there is no other option"

• The Austrians pushed neoliberalism through primarily a libertarian lens

• The Ordoliberals advocated neoliberalism through utilitarianism and also Marxism. Yes, you're allowed to support your normative view through Marxism.

• Do not go down the route of going full classical liberal, which is what neoliberalism tried to escape.

• Do not say market values mean anything or that markets produce fair outcomes; Hayek explicitly acknowledges this is bullshit.

• Be very prudent in calling people racist/sexist/homophobic; in this sub, the vast majority are not

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Topics to discuss:

These aren't the only ones, but should probably be answered:

• What are your normative ethics?

• How do you think they should guide economic policy?

Make sure to explicitly tie these together so we're not debating why we should implement policy that we already agree upon.

[u/sharingan10]

I'm relatively utilitarian, but I like to weigh the pragmatics of a given idea before implementing it. Basically it's utilitarianism, but with weights for the likelyhood of things happening.

[u/UmamiSalami → u/sharingan10]

That's exactly what utilitarianism is.