The chapter deals with the two most distinctive elements of the Introduction of the Naturrecht Feyerabend, namely the notions of an end in itself and autonomy. I shall argue that both are to be interpreted with regard to the aim of explaining the ground of right. In this light, I suggest that the notion of an end in itself counters a voluntarist conception like Achenwall’s with a claim whose necessity has a twofold ground: First, the representation of an (...) unconditional worth emerges as a structural element of the practical use of reason. Second, that representation concerns the necessary self-understanding of moral subjects. Finally, I argue that the other distinctive element, the occurrence of the notion of autonomy, is best understood as an application of that idea to a specific issue, which Kant addresses by showing that freedom is a self-regulating domain. (shrink)

Kant emphasizes that moral philosophy must be divided into two parts, a metaphysics of morals, and an empirical application to individuals, which Kant calls 'moral anthropology'. But Kant gives humanity (die Menschheit) a prominent role even in the purely rational part of ethics – for example, one formulation of the categorical imperative is a demand to treat humanity as an end in itself. This paper argues that the only concepts of humanity suited to play such a role are the (...) rational idea of humanity, and the rational ideal derived from this idea, which Kant discusses in Critique of Practical Reason and other texts. (shrink)

Kantian socialists at the turn of the twentieth century, as well as contemporary authors seeking a principle with which to condemn capitalism, have turned to Kant’s Formula of the End in Itself. This article assesses the arguments from FEI against capitalism from the perspective of the issues that arise in interpreting and applying Kant’s formula. There are various strategies with which a Kantian might use FEI to condemn conduct that Kant did not use FEI to condemn. The article asks (...) whether any of the existing arguments from FEI employ plausible versions of these strategies to derive a strict duty from that formula’s Never Merely as a Means principle that condemns capitalism. (shrink)

One formulation of the Categorical Imperative tells us to treat humanity as an end in itself. It has become common to think that ‘humanity’ (die Menschheit) here refers to some minimal power of rationality that is necessarily possessed by any rational agent, but I argue that this common reading is misguided. Instead, ‘humanity’ refers to a good will, the will of a being who is committed to moral principles. This good will reading of ‘humanity’ is not only suggested by (...) passages in which Kant specifically discusses humanity, but also is more consistent with the main ideas of Kant's ethics. (shrink)

This chapter contains sections titled: What Should We Treat as an End in Itself? Value and Ends The Argument for the Humanity Formulation How Particular Duties Follow Final Thoughts Bibliography.

Writers like Christine Korsgaard and Allen Wood understand Kant's idea of rational nature as an end in itself as a commitment to a substantive value. This makes it hard for them to explain the supposed equivalence between the universal law and humanity formulations of the categorical imperative, since the former does not appear to assert any substantive value. Nor is it easy for defenders of value-based readings to explain Kant's claim that the law-giving nature of practical reason makes all (...) beings with practical reason regard the idea of a rational nature as an end in itself. This article seeks to replace these value-based readings with a reading of the idea of rational nature as an end that fits better with the overall argument of the Groundwork. (shrink)

This is a survey article in which I explore some important recent work on the topic in question, Kant’s formula of the end in itself (or “formula of humanity”). I first provide an overview of the formulation, including what the formula seems roughly to be saying, and what Kant’s main argument for it seems to be. I then call the reader’s attention to a variety of questions one might have about the import of and argument for this formula, alluding (...) to some of the works in which philosophers have recently raised or tried to answer these questions. Then, for the bulk of the paper, I focus my discussion on two issues of contention: the identity of the “end in itself” that the formula refers to, and the relation between the value of the end in itself and the value of other ends. I do not attempt to argue for a particular position of my own regarding these issues. Instead, I explain a number of the more interesting or influential recent attempts to answer these questions, compare these approaches in various ways, draw implications from them, and raise concerns about some of them. I also suggest that an important link connects the question about the identity of the end in itself and the question about the relation between the value of the end in itself in relation to the value of other ends: How one answers these questions commits one to a position on the thorny issue of whether, how, and how fully, autonomy is manifested through empirical (not simply pure) practical reason. (shrink)

Writers like Christine Korsgaard and Allen Wood understand Kant's idea of rational nature as an end in itself as a commitment to a substantive value. This makes it hard for them to explain the supposed equivalence between the universal law and humanity formulations of the categorical imperative, since the former does not appear to assert any substantive value. Nor is it easy for defenders of value-based readings to explain Kant's claim that the law-giving nature of practical reason makes all (...) beings with practical reason regard the idea of a rational nature as an end in itself. This article seeks to replace these value-based readings with a reading of the idea of rational nature as an end that fits better with the overall argument of the Groundwork. (shrink)

The aim of the present paper is to show that a particular interpretation of the end in itself, which is widely accepted in research on Kant’s critical philosophy, is at least worth dis­cussing. I refer to the interpretation of the end in itself as a so-called existing end, i.e., something for the sake of which we perform an action but which we do not realize – sim­ply because it already exists. As I will argue, this interpretation does not (...) take into account a crucial aspect of the end in itself, i.e., its property of being an end. Being an end, the end in itself must fit into the Kantian general definition of a practical end and must therefore be something to be realized. (shrink)

One approach to Kant’s argument for the Formula of the End in Itself takes Kant to ground FEI as a possible categorical imperative with a regressive argument that rests on a non-moral conception of rational nature. This paper presents a new, logical pluralism version of this approach. In conjunction with three other steps of argument, the logical pluralism version of the regressive argument grounds FEI by showing that an agent is rationally required to adopt a self-affirming plural standpoint, and (...) thus to take it to have absolute worth. A logical pluralism version of the regressive argument thereby avoids three objectionable claims relied on by other versions: that a rational agent must take their end to be objectively good; that if an agent values their own rational nature, then they must also value others’ rational nature; and that any source of value must itself be of unconditional value. (shrink)

Should education serve external goals, or should it be non-instrumental? In this paper, I recognize a tension between these two views with respect to the question of the end and the means in education, and I suggest conceptual and practical ways to handle this tension. The paper comprises two parts: the first part discusses the problem, and the second part offers solutions. To expose the problem, I present a brief overview of the opposing views of purposiveness versus anti-instrumentalism in education, (...) based on old inspirations and new manifestations of each, and I present two examples of current theories that carry this tension as an inner contradiction. Additionally, I argue these theoretical tensions lead to professional confusions and practical dilemmas among teachers. In search of solutions, I lean on current theoretical arguments to reconcile the contradictions and offer ways to integrate the two views into one pedagogical approach. Finally, I draw a conceptual model that turns the tensions and confusions into a more reasonable complexity that educators can handle in their theoretical thinking and accommodate in their practical choices in school. My conclusions lead to a re-justified commitment to education for democracy, and to teachers’ autonomy. (shrink)

This article responds to Dimitris Vardoulakis’s claim that Heidegger’s mistaken reading of phronēsis’s relation to the hou heneka, or that-for-the-sake-of-which, in Nicomachean Ethics VI at 1139a32–33, leads to an evacuation of ends from action. I argue that Heidegger is not wrong in his reading of Aristotle on phronēsis’s relation to the end. I offer a reading of the passage on which Vardoulakis focuses, which I believe is consistent with Heidegger’s, to show how Aristotle’s view of phronēsis’s role in action can (...) enable such judgment. I agree with Vardoulakis that on Heidegger’s reading, Aristotle does not view phronēsis as instrumental, but I show that this reading is borne out by the Nicomachean Ethics as a whole. I argue that the absence of instrumentality does not mean that phronēsis leaves action without an end; rather, the end of action is in the action itself. I argue in agreement with Heidegger [1997: 29, 34] and contra Vardoulakis that technē as a model of instrumentality does not capture the work of phronēsis in Aristotle (neither is it what is under critique when Heidegger criticizes modern technologizing). I argue in conclusion that Aristotle’s conception of phronēsis and the action to which it leads does allow for judgment: what can be judged is the person or the community as it shows itself in the action. (shrink)

In this chapter I pursue the connection between humans as strong evaluators and humans as strongly valued. The connection is, quite simply, that strong evaluators are valued because they are strong evaluators. Yet, this valuing is of two kinds: someone’s achievements as a strong evaluator can be esteemed, or he can be respected as a person. Personhood is a specific kind of moral status, but it is based on personhood in the descriptive sense. Taylor’s views on persons can be seen (...) as trying to incorporate the Kantian view of the dignity or worth of persons to the more Aristotelian- Hegelian ontology. The distinction between moral and descriptive personhood, and between two senses in which personhood is an “end” serves as an introduction to this theme (3.1). In 3.2 I will ask what the nature of persons is in the descriptive sense. I try to outline and clarify Taylor’s position in relation to some central positions in the contemporary discussions about personhood. I do not argue in detail against rival views about descriptive personhood, I merely hope to map some issues in rough outline. My goal in defending Taylor’s position is modest, I hope that merely stating the position clearly shows some of its appeals. The main point is that persons are certain kind of agents, machines could become persons only through becoming living beings first. The most fundamental idea in Taylor’s view of personhood is that of living responsively and dialogically in a world, which is a “moral space” or a “space of concerns”. Machines do not have a world, and the world of other animals is not a moral space. Taylor’s persons are strong evaluators and respondents, being moved by the world and the other people, and being responsible for their own action. So in this sense one can agree with Jeff Sugarman’s (2005, 809) way of summing it up: “not only are persons at the center of moral inquiry, but also, as Taylor’s work reveals, moral inquiry is at the center of personhood”. In 3.3 I discuss different ways of seeing the basis of the moral status of persons, and defend the direct view: moral personhood is directly grounded in descriptive personhood. (Thus various other options I discuss are “mute formalism”, arbitrary historicism, status-view, instrumentalism and desert-view). In sections 3.4 and 3.5 I ask whether such a suggestion works for those humans, who (at the moment) are not actual persons in the full sense. I further strengthen Taylor’s view and defend it against Feinberg’s criticism. (shrink)

It is commonly assumed that the expression “an sich selbst” (“in itself”) in Kant combines with terms to form complex nouns such as “thing in itself” and “end in itself.” I argue that the basic use of “an sich selbst” in Kant’s German is as a sentence adverb, which has the role of modifying subject-predicate combinations, rather than either subject or predicate on their own. Expressions of the form “S is P an sich selbst” mean roughly that (...) S is P ‘in its own right’ or without some further ‘condition’. Accordingly, “an sich selbst” should not be treated as forming complex nouns. This analysis has significant consequences for the interpretation of “thing in itself” in particular, for it implies that the latter is not a complete nominal expression. Instead, one must treat ‘an sich selbst’ as expressing how some S is a ‘thing’, looking to the wider sentential context. I conclude with a brief account of the new significance granted to the concept of a ‘thing’ (Ding) according to the present interpretation. (shrink)

Von Hippel & Trivers reason that the potential benefits of successfully deceiving others provide a basis for the evolution of self-deception. However, as self-deceptive processes themselves provide considerable adaptive value to an individual, self-deception may have evolved as an end in itself, rather than as the means to an end of improving other-deception.

Today it is a rare journal article that does not begin with the words "on the threshold of the third millennium." Someone might say, "What do you, philosophers, have to do with the swift flow of time? You're always talking about the eternal!" But he would not be right. First, although philosophy reflects on the eternal, it exists in time. Like any intellectual community, philosophy has its beginning and history; indeed, a history full of dramatic and even tragic pages, including (...) death at the stake for one's ideas, the irreconcilable confrontation of systems, the blind disregard of some thinkers in their lifetime and the undeserved fame of others, and so on. And what will the future bring? This is a question raised by philosophers "on the threshold of the third millennium," as they ponder the fate and paths of their activity. Second, the central philosophical problem is the problem of Being and man's place in it; hence, the question what the philosophy of the twenty-first century will be like is the question of how we shall represent being itself, man himself, the meaning of human life. Can we today at least name the most general features of the future philosophy? To answer this question I have tried to compare two past philosophical systems—I. Kant's and A. Schopenhauer's. And the reason is this both philosophers are one in their passionate desire to find the Truth for humanity and the individual and, although they begin their reflections from the same positions, they end up with results that are quite incompatible. But both poles of philosophy—the rationalist and the irrationalist—have proved equally valid for humanity. And I think that these two systems determined one of the paths of philosophy in the twentieth century that will continue into the twenty-first. (shrink)

The paper provides an axiological analysis of the concepts of respect for information and of information dignity from the vantage point provided by Information Ethics and the conceptual paradigm of object-oriented analysis (OOA). The general perspective adopted is that of an ontocentric approach to the philosophy of information ethics, according to which the latter is an expansion of environmental ethics towards a less biologically biased concept of a ‘centre of ethical worth’. The paper attempts to answer the following question: what (...) is the lowest possible common set of attributes which characterises something as intrinsically valuable and an object of respect, and without which something would rightly be considered intrinsically worthless or even positively unworthy and therefore rightly disrespectable in itself? The thesis developed and defended in the paper is that the minimal condition of possibility of an object’s least intrinsic worthiness can be identified with its abstract nature as an information entity. Thus, all entities, interpreted as clusters of information, have a minimal moral worth qua information objects (i.e. qua information), that deserves to be respected. The principles elaborated in the course of the analysis are those of ‘reflective respect’ (A’s respect towards all members of A’s class motivated by A’s respect towards A not qua individual, but qua instantiation of a class of entities), ‘ontic uniformity’ (A’s recognition of A’s membership to the class of information entities) and ‘ontic solidarity’ (A’s recognition of any information entity’s dignity). (shrink)

Democracy is shown to be a non-instrumental good-in-itself (as well as an instrument in securing other goods) by extrapolation from the Aristotelian premise that humans are political animals. Because humans are by nature language-using, as well as sociable and common-end-seeking beings, the capacity to associate in public decisions is constitutive of the human being-kind. Association in decision is necessary (although insufficient) for happiness in the sense of eudaimonia. A benevolent dictator who satisfied all other conditions of justice, harms her (...) subjects by denying them opportunity to associate in the decisions by which their community is governed. (shrink)

Even in the Netherlands, where the practice of physician-assisted death (PAD) has been legalized for over 20 years, there is no such thing as a ‘right to die’. Especially patients with extraordinary requests, such as a wish for PAD based on psychiatric suffering, advanced dementia, or (a limited number of) multiple geriatric syndromes, encounter barriers in access to PAD. In this paper, we discuss whether these barriers can be justified in the context of the Dutch situation where PAD is legally (...) permitted for those who suffer unbearably and hopelessly as a result of medical conditions. Furthermore, we explore whether there are options to address some of the barriers or their consequences, both within the Dutch legal framework or by adjusting the legal framework, and whether these options are feasible. We conclude that although there are insufficient arguments to overrule the doctor’s freedom of conscience in the Netherlands, there are ways to address some of the barriers, mainly by offering support to doctors that would be willing to support a request. Moreover, we believe it is morally required to reduce or mitigate where possible the negative consequences of the barriers for patients, such as the long waiting time for those who suffer from psychiatric disorders, because it is unlikely the adjustments suggested to the system will ensure reasonable access for these patient groups. (shrink)

In The Life of a Style, Jonathan Gilmore claims that such narrative developments inhere in the history of art itself.By exploring such topics as the discovery ...

Modern biomedical technologies managed to revolutionise the End-of-Life Care (EoLC) in many aspects. The dying process can now be "engineered" by managing the accompanying physical symptoms or by "prolonging/hastening" death itself. Such interventions questioned and problematised long-established understandings of key moral concepts, such as good life, quality of life, pain, suffering, good death, appropriate death, dying well, etc. This volume examines how multifaceted EoLC moral questions can be addressed from interdisciplinary perspectives within the Islamic tradition. Contributors Amir Abbas Alizamani, (...) Beate Anam, Hamed Arezaei, Asma Asadi, Pieter Coppens, Hans Daiber, Khalid Elzamzamy, Mohammed Ghaly, Hadil Lababidi, Shahaboddin Mahdavi, Aasim Padela, Rafaqat Rashid and Ayman Shabana. (shrink)

Artificial intelligence and robotics is pervasive in daily life and set to expand to new levels potentially replacing human decision-making and action. Self-driving cars, home and healthcare robots, and autonomous weapons are some examples. A distinction appears to be emerging between potentially benevolent civilian uses of the technology (eg unmanned aerial vehicles delivering medicines), and potentially malevolent military uses (eg lethal autonomous weapons killing human com- batants). Machine-mediated human interaction challenges the philosophical basis of human existence and ethical conduct. Aside (...) from technical challenges of ensuring ethical conduct in artificial intelligence and robotics, there are moral questions about the desirability of replacing human functions and the human mind with such technology. How will artificial intelligence and robotics engage in moral reasoning in order to act ethically? Is there a need for a new set of moral rules? What happens to human interaction when it is mediated by technology? Should such technology be used to end human life? Who bears responsibility for wrongdoing or harmful conduct by artificial intelligence and robotics? -/- Whilst Kant may be familiar to international lawyers for setting restraints on the use of force and rules for perpetual peace, his foundational work on ethics provides an inclusive moral philosophy for assessing ethical conduct of individuals and states and, thus, is relevant to discussions on the use and development of artificial intelligence and robotics. His philosophy is inclusive because it incorporates justifications for morals and legitimate responses to immoral conduct, and applies to all human agents irrespective of whether they are wrongdoers, unlawful combatants, or unjust enemies. Humans are at the centre of rational thinking, action, and norm-creation so that the rationale for restraints on methods and means of warfare, for example, is based on preserving human dignity as well as ensuring conditions for perpetual peace among states. Unlike utilitarian arguments which favour use of autonomous weapons on the basis of cost-benefit reasoning or the potential to save lives, Kantian ethics establish non-consequentialist and deontological rules which are good in themselves to follow and not dependent on expediency or achieving a greater public good. -/- Kantian ethics make two distinct contributions to the debate. First, they provide a human-centric ethical framework whereby human exist- ence and capacity are at the centre of a norm-creating moral philosophy guiding our understanding of moral conduct. Second, the ultimate aim of Kantian ethics is practical philosophy that is relevant and applicable to achieving moral conduct. -/- I will seek to address the moral questions outlined above by exploring how core elements of Kantian ethics relate to use of artificial intelli- gence and robotics in the civilian and military spheres. Section 2 sets out and examines core elements of Kantian ethics: the categorical imperative; autonomy of the will; rational beings and rational thinking capacity; and human dignity and humanity as an end in itself. Sections 3-7 consider how these core elements apply to artificial intelligence and robotics with discussion of fully autonomous and human-machine rule-generating approaches; types of moral reasoning; the difference be- tween ‘human will’ and ‘machine will’; and respecting human dignity. (shrink)

In lieu of an abstract, here is a brief excerpt of the content:Democracy in an Uncertain World:Expertise as a Provisional Response to VulnerabilityRobert Smid (bio)In the final chapter of American Immanence, Michael Hogue writes that "[r]ather than asking the foundationalist question of what epistemology is needed to ground or justify democracy, the pragmatist asks what epistemology democracy entails. What 'way of knowing' follows from, or is appropriate to, democracy as an associational ethos of vulnerable life?"1 While Hogue and I have (...) explored similar themes in our research on the promises and perils of democracy, this statement identifies a key difference in our respective approaches that has significant implications for the role that democracy can and should play in inquiry as well as for its potential to revolutionize civilization as we know it in the Anthropocene.In what follows, I raise three interrelated points that interrogate that difference. The first pertains to the role of foundations, provisional or otherwise, in Hogue's work, and results in a challenge to the special status seemingly given to democracy and a proposed inversion of the relation he poses between epistemology and democracy. The second pertains to the role of education in a democracy. This is a dimension of traditional pragmatist discourse on democracy that is conspicuously absent in Hogue's book, yet one that has significant implications for his argument. In this section, I will draw out the Deweyan strains of that discourse that appear to inform Hogue's work and contrast them with a Peircean take that yields notably different outcomes. The third point addresses the relation between democracy and sovereignty, a relation that Hogue explicitly eschews but that I will argue maintains some validity within democratic discourse, albeit in a more modest and provisional form. Finally, I draw these three points together in a conclusion that affirms much of Hogue's argument—including the profound vulnerability manifested by the Anthropocene and the need for more resilient forms of associated life—but assert that democracy is no less vulnerable than any other aspect of our uncertain world and therefore cannot be expected to possess within itself all that is necessary for its ongoing development. Building on the inversion of democracy and epistemology in the first section, the constitutive role of education in a [End Page 30] democracy as laid out in the second section, and the argument for a mitigated sovereignty in the third section, I argue that professional expertise provides an acceptable and necessary default when democratic structures fail.I. Provisional FoundationsAs a theopolitics rooted in religious naturalism, Hogue's understanding of democracy is one that is "embodied, relational, and vulnerable."2 That is, knowledge, meaning, and value all emerge out of and are conditioned by their social context, and shift according to the interests and needs of those who lay claim to them. Accordingly, Hogue's argument for democracy is that it is the way of life that allows for the broadest possible participation in such constructions, and which responds most effectively to the conditions of uncertainty and vulnerability surrounding them. It comes as no surprise, then, that his account of democracy is antifoundational, recognizing not only that all inquiry begins in medias res, but also that it emerges from a wide variety of media and that, while one goal of democratic discourse may be to chart a coherent path forward, both the media and the proposed paths are subject to change at any moment. Such antifoundationalism is a fairly standard commitment in pragmatist and process discourse, and thus relatively uncontroversial in its own right. It is worth noting, however, that being committed to antifoundationalism and actually being antifoundationalist in practice are often two very different things, our best efforts to the contrary notwithstanding.It is clear from Hogue's book that he resists any foundationalist epistemology, opting instead to derive his epistemology from democratic practice. As noted above, he asks "[w]hat 'way of knowing' follows from, or is appropriate to, democracy as an associational ethos of vulnerable life?"3 While it is possible that there is one epistemology that is best suited to democracy understood in this way, that epistemology would not, by his account, stand on its own foundation but be contingent on one... (shrink)

This paper explores whether egg donation could still be ethically justified if in vitro gametogenesis (IVG) became reliable and safe. In order to do this, issues and concerns that might inform a patient’s reasoning in choosing to use donor eggs instead of IVG are explored and assessed. It is concluded that egg donation would only be ethically justified in a narrow range of special cases given the (hypothetical) availability of IVG treatment and, further, that egg donation could itself be (...) replaced by donation through IVG techniques. Two possible criticisms of this position are then considered: Ones based on respect for patient wishes, and on loss of donor benefit. It is concluded that whilst neither argument constitutes a strong enough reason to continue with programmes of egg donation, egg‐sharing programmes could still be permitted come the advent of IVG; these could then provide a morally acceptable source of “natural” donor eggs. (shrink)

Though scholars of political science and moral philosophy have long analyzed the justifications for and against waging war as well as the ethics of warfare itself, the problem of _ending_ wars has received less attention. In the first book to apply just war theory to this phase of conflict, Eric Patterson presents a three-part view of justice in end-of-war settings involving order, justice, and reconciliation. Patterson’s case studies range from successful applications of _jus post bellum,_ such as the U.S. (...) Civil War or Kosovo, to challenges such as present-day Iraq. (shrink)

Critical care of neonatesThe recently published report of the Nuffield Council on Bioethics, Critical care decisions in fetal and neonatal medicine, is a valuable contribution to the discussion of decision making in the critical care of neonates. Drawing upon medical evidence, the working party highlights the many practical difficulties arising in neonatal care and by setting out clearly the nature of the ethical and other issues arising in this area of medicine, and their relationship with neonatal development, the resulting report (...) has the potential to lead both to improved practice and to better informed communication between doctors and families when they face difficult decisions about how best to treat very premature babies. Based on medical evidence, the working party sets out guidelines on decision-making about the resuscitation of babies born before the gestational age of 25 weeks and 6 days, dividing this period into four chronological periods: before 21 weeks and 6 days when resuscitation should normally only take place within the context of a research project; between 22 weeks and 23 weeks when resuscitation should not normally be carried out unless the parents request it; at 23 or 24 weeks when parental views should take precedence; and, after 24 weeks when resuscitation should be the norm unless not in the child’s best interests.There are several practical ethical difficulties with this aspect of the advice. To what extent, for example, does the paediatric assessment of the child, intended to play a role in decision-making about the appropriateness of resuscitation, itself depend on the initiation of resuscitation? To what extent is it reasonable and humane to expect parents to take full responsibility for making decisions about resuscitation between 23 and 24 weeks? On what grounds is it acceptable to attempt to resuscitate a baby <21 weeks and 6 …. (shrink)

Modern medicine provides unprecedented opportunities in diagnostics and treatment. However, in some situations at the end of a patient’s life, many physicians refrain from using all possible measures to prolong life. We studied the incidence of different types of treatment withheld or withdrawn in 6 European countries and analyzed the main background characteristics.

This special issue explores the evolving role of assistive technology in health and medicine, with 3 original articles and 5 commentaries. The following introduction provides an overview of the issue’s unifying themes and the articles’ aims and concerns, as well as reflection on some critical points for discussion raised in the commentaries. Assistive technology finds itself at a pivotal point of development and integration into current systems, where sound and innovative ethical guidance is crucial. With this issue we hope (...) to build capacity for realizing the potential of assistive technology—effectively, sustainably, and ethically. (shrink)

Henry Hansmann has claimed we have reached the “end of history” in corporate law, organized around the “widespread normative consensus that corporate managers should act exclusively in the economic interests of shareholders.” In this paper, I examine Hansmann’s own argument in support of this view, in order to draw out its implications for some of the traditional concerns of business ethicists about corporate social responsibility. The centerpiece of Hansmann’s argument is the claim that ownership of the firm is most naturally (...) exercised by the group able to achieve the lowest agency costs, and that homogeneity of interest within the ownership group is the most important factor in achieving lower costs. He defends this claim through a study of cooperatives, attempting to show that homogeneity is the source of the competitive advantage most often enjoyed by shareholders over other constituency groups, such as workers, suppliers and customers, when it comes to exercising control over the firm. Some business ethicists, impressed by this argument, have taken it to be a vindication of Milton Friedman’s claim that profit-maximization is the only “social responsibility” of management. I would like to suggest that this conclusion does not follow, and that the “Hansmann argument” lends itself to a less minimalist view, what I refer to as a “market failures” approach to business ethics. (shrink)