This paper argues that many of Adam Smith’s insights,particularly those in his Theory of moral sentiments, have a relevance tocontemporary thought about economics and ethics that is currentlyunderappreciated. In economics, for example, Smith was concerned notonly with the sufficiency of self-interest at the moment of exchange butalso with the wider moral motivations and institutions required tosupport economic activity in general. In ethics, Smith’s concept of animpartial spectator who is able to view our situation from a criticaldistance has much to contribute (...) to a fuller understanding of therequirements of justice, particularly through an understanding ofimpartiality as going beyond the interests and concerns of a localcontracting group. Smith’s open, realization-focussed and comparativeapproach to evaluation contrasts with what I call the “transcendentalinstitutionalism” popular in contemporary political philosophy andassociated particularly with the work of John Rawls. (shrink)

The capability approach constitutes a significant contribution to social theory but its potential is diminished by its insufficient treatment of the social construction of meaning. Social meanings enable people to make value judgements about what they will do and be, and also to evaluate how satisfied they are about what they are able to achieve. From this viewpoint, a person’s state of wellbeing must be understood as being socially and psychologically co-constituted in specific social and cultural contexts. In this light, (...) the telos of ‘living well’ which is at the heart of Sen’s version of the capability approach is inadequate and must be modified to a telos of ‘living well together’ which includes consideration of the social structures and institutions which enable people to pursue individual freedoms in relation to others. The policy significance of the capability approach can be further strengthened by paying greater consideration to the political economy of policy decision-making processes and the ways in which conflicts and distributions of power are institutionalized. (shrink)

This paper aims at renovating the prospects for social philosophy through a confrontation between pragmatism and critical theory. In particular, it contends that the resources of pragmatism for advancing a project of emancipatory social philosophy have so far been neglected. After contrasting the two major traditions in social philosophy—the analytical and the critical—I proceed to outline the main traits of a pragmatist social philosophy. By inscribing pragmatism within the tradition of social philosophy, my aim is to promote a new understanding (...) of pragmatism as one of the central Euro-American traditions in social and political philosophy, deserving to be on an equal footing with critical theory and political liberalism. And, furthermore, one whose critical and radical force may be of great help in the wake of the dismissal of the metaphysical certainties upon which the critical program of social philosophy had once set its hopes of social emancipation. (shrink)

What does evaluation mean? This article examines the evaluative process as a practical judgment that links a situation to a set of values in order to decide upon a course of action. It starts by discussing A. Sen’s “relational” and “comparative” account of evaluation, built in critical dialogue with J. Rawls’ deductive theory. Comparison, incompleteness, reality, and deliberation are the key principles of Sen’s approach, which, in some respects, echoes that of J. Dewey. The second part shows the relevance of (...) completing Sen’s approach with Dewey’s pragmatism, since Dewey’s emphasis on practical judgment is a useful counterbalance to Sen’s focus on evaluation as a cognitive process. Dewey introduces a shift from values to valuation and draws a distinction between prizing and appraising, which makes the logic of inquiry and the search for consistency between means and ends in a given situation the fulcrum of evaluation. The third part of this paper addresses the relationship between values and norms in evaluative processes. Neither Sen nor Dewey deals with this question in a systematic way, although norms, which are both similar and different from values, contribute to frame evaluations in different ways: as horizons, resources, or constrains. Bringing norms into the picture means completing the pragmatist account with an institutionalist perspective, as we suggest through the example of the evaluation of work. (shrink)

In the following pages I shall sketch some thoughts on Veblen’s implicit and explicit references to pragmatism and functional psychology, arguing that, besides Peirce and James, the functionalist theories and psychological experiments of the research group led by Dewey and Mead at the University of Chicago set the scene for Veblen’s intellectual revolution. More precisely, whilst Veblen did not mention it explicitly, it is possible to find in his writings of the years 1896-1900 references to Dewey’s notion of the “organic (...) circuit” and to Dewey’s and Mead’s theory of emotion.* This paper has three parts and three aims. In the first part, I outline Veblen’s criticism of economic science and his proposal for a new evolutionary economics, paying particular attention to Veblen’s implicit reference to Peirce’s logic. In the second part, I single out Veblen’s reference to Dewey’s and Mead’s works on functional psychology. In the third part, I will compare Mead’s hypothesis of the genesis of social interests in emotions with the evolutionary economic theory sketched by Veblen.* Tilman (1996: Ch 3) argued over pragmatic influences upon Veblen’s ideas concerning the human mind. James and Dewey’s functional psychology offered a psychological basis for his social theory. In my opinion, however, Veblen has been influenced by the Chicago School of functionalism more than by James’ functionalism, in particular by Dewey’s and Mead’s ideas. Moreover, even if Tilman (1998) points out Dewey’s intellectual debt to Veblen’s idea, his references consist normally in a period later than that considered here. (shrink)