Social Philosophy and Policy 28 (2):192-211 (2011)
AbstractThe arguments for redistribution of wealth, and for prohibiting certain transactions such as price-gouging, both are based in mistaken conceptions of exchange. This paper proposes a neologism, “euvoluntary” exchange, meaning both that the exchange is truly voluntary and that it benefits both parties to the transaction. The argument has two parts: First, all euvoluntary exchanges should be permitted, and there is no justification for redistribution of wealth if disparities result only from euvoluntary exchanges. Second, even exchanges that are not euvoluntary should generally be permitted, because access to market exchange may be the only means by which people in desperate circumstances can improve their position.
Similar books and articles
A Social Exchange Perspective on Business Ethics: An Application to Knowledge Exchange.Stephen Chen & Chong Ju Choi - 2005 - Journal of Business Ethics 62 (1):1-11.
Fragile and Resilient Trust: Risk and Uncertainty in Negotiated and Reciprocal Exchange.Linda D. Molm, David R. Schaefer & Jessica L. Collett - 2009 - Sociological Theory 27 (1):1 - 32.
Interorganizational Favour Exchange and the Relationship Between Doing Well and Doing Good.Adam Nguyen & Wesley Cragg - 2012 - Journal of Business Ethics 105 (1):53-68.
Infinite Exchange Problems.Michael Scott & Alexander Scott - 2004 - Theory and Decision 57 (4):397-406.
What's Morally Special About Free Exchange?Allan Gibbard - 1985 - Social Philosophy and Policy 2 (2):20.
The Preeminence of Use: Reevaluating the Relation Between Use and Exchange in Aristotle’s Economic Thought.Todd S. Mei - 2009 - Journal of the History of Philosophy 47 (4):pp. 523-548.
‘No Strings Attached’: Welcoming the Existential Gift in Business. [REVIEW]Sandrine Frémeaux & Grant Michelson - 2011 - Journal of Business Ethics 99 (1):63 - 75.
Asymmetrical Reciprocity in Market Exchange: Implications for Economies in Transition.James M. Buchanan - 1993 - Social Philosophy and Policy 10 (2):51-64.
Health Insurance Exchanges: Legal Issues.Timothy Stoltzfus Jost - 2009 - Journal of Law, Medicine and Ethics 37 (s2):51-70.
Giving Between Generations in American Families.David J. Eggebeen & Dennis P. Hogan - 1990 - Human Nature 1 (3):211-232.
Ricoeur Economicus: Can Market Exchange Involve Mutual Recognition?Todd Mei - 2012 - In Greg Johnson Dan Stiver (ed.), Paul Ricoeur and the Task of Political Philosophy. pp. 65-84.
Dangerous Gifts: Ideologies of Marriage and Exchange in Ancient Greece.Deborah Lyons - 2003 - Classical Antiquity 22 (1):93-134.
Added to PP
Historical graph of downloads
Citations of this work
A Theory of Just Market Exchange.Ricardo Andrés Guzmán & Michael C. Munger - 2020 - Journal of Value Inquiry 54 (1):91-118.
Crisis Prices: The Ethics of Market Controls During a Global Pandemic.Kobi Finestone & Ewan Kingston - 2022 - Business Ethics Quarterly 32 (1):12-40.
Objections to Euvoluntary Exchange Do Not Have “Standing”: Extending Markets Without Limits.Michael Munger - 2017 - Journal of Value Inquiry 51 (4):619-627.
Distinguishing Injustice, Exploitation and Harm.Elias L. Khalil - 2017 - Theoria: A Journal of Social and Political Theory 64 (152):24-52.
Heterogeneous Moral Views in the Stateless Society.Ryan Murphy - 2015 - Libertarian Papers 7.