Does Friendship Stem from Altruism? Adam Smith and the Distinction between Love-based and Interest-based Preferences.
<p dir="ltr">Friendship-and-love expresses musings about wellbeing—while “wellbeing” is the economist’s substantive satisfaction. Insofar as altruism is about wellbeing, it must differ from friendship-and-love. However, what is the basis of the difference between substantive satisfac...
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2021
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| Summary: | <p dir="ltr">Friendship-and-love expresses musings about wellbeing—while “wellbeing” is the economist’s substantive satisfaction. Insofar as altruism is about wellbeing, it must differ from friendship-and-love. However, what is the basis of the difference between substantive satisfaction and friendship-and-love? The answer can be found in Smith’s <i>Theory of Moral Sentiments</i>, chapter 2: how “mutual sympathy” differs from “sympathy.” Smith scholars generally miss the uniqueness of “mutual sympathy” and, indeed, fold it under Smith’s “sympathy” (and “empathy”)—with one exception. Robert Sugden highlights the uniqueness of mutual sympathy. However, he goes to the other end, folding Smith’s “sympathy-and-empathy” under “mutual sympathy.” This paper aims to avoid the folding in either direction. While mutual sympathy originates love-based sociality (friendship-and-love), sympathy-and-empathy originates interest-based sociality (wellbeing that includes altruism). This paper concludes that friendship is neither reducible to altruism nor <i>vice versa</i>. Further, this paper distinguishes this problem from the question regarding the socialization of the individual.</p><h2>Other Information</h2><p dir="ltr">Published in: SocArXiv Papers<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See preprint on open-access preprint repository: <a href="https://osf.io/preprints/socarxiv/hc4y7_v1" rel="noreferrer" target="_blank">https://osf.io/preprints/socarxiv/hc4y7_v1</a></p><p><br></p><p dir="ltr">This is the preprint version of the journal contribution. It was accepted for publication in the Journal of the History of Economic Thought on 17 December 2021.</p> |
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