Title: Founding Theory of Harmony on Institution-forming Mechanism——A Dialog between Ethics and Economics
Abstract: The essence of social and economic harmony is the organic unity of individual rationality and collective rationality.Modern Western ethics attempted found the unity on morality,a non-formal institution.It can be found from discussions by some Western economists of the institution-forming process that externality,when accumulated a certain degree,will spontaneously give birth to some kind of institution alleviate conflicts,which often becomes a condition for the transition from individual rationality collective rationality.Drawing support from this approach,a point of agreement can be found for the debate over the relationship between individual rationality and collective rationality in modern Western ethics and economics.
Publication Year: 2006
Publication Date: 2006-01-01
Language: en
Type: article
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