Business Ethics Quarterly 19 (2):275-293 (2009)

Authors
Jeremy Snyder
Simon Fraser University
Abstract
When prices for basic commodities increase following a disaster, these price increases are often condemned as ‘price gouging.’ In this paper, I discuss what moral wrongs, if any, are most reasonably ascribed to accusations of price gouging. This discussion keeps in mind both practical and moral defenses of price increase following disasters. I first examine existing anti-gouging legislation for commonalities in their definitions of gouging and then present arguments in favor of the permissibility of gouging, focusing on the economic benefits of price increases following disasters. I argue that gouging takes the form of a specific failure of respect for persons by undercutting equitable access to essential goods. While I discuss anti-gouging legislation throughout this paper, my aim is to give anaccount of the moral wrongs associated with gouging rather than guidance for developing morally defensible anti-gouging legislation.
Keywords Applied Philosophy  Business and Professional Ethics  Social Science
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ISBN(s) 1052-150X
DOI beq200919214
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References found in this work BETA

Capitalism and Freedom.Milton Friedman - 1962 - Ethics 74 (1):70-72.
Inequality Reexamined.John Roemer & Amartya Sen - 1994 - Philosophical Review 103 (3):554.
The Ethics of Price Gouging.Matt Zwolinski - 2008 - Business Ethics Quarterly 18 (3):347-378.

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Citations of this work BETA

Exploitation and Sweatshop Labor: Perspectives and Issues.Jeremy Snyder - 2010 - Business Ethics Quarterly 20 (2):187-213.
Dialogue on Price Gouging.Matt Zwolinski - 2009 - Business Ethics Quarterly 19 (2):295-303.
Efficiency, Equity, and Price Gouging: A Response to Zwolinski.Jeremy Snyder - 2009 - Business Ethics Quarterly 19 (2):303-306.

View all 18 citations / Add more citations

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