In a free-market system, participants are free to pursue exchanges that lead to their mutual benefit. Yet market economies do not lead to equal outcomes, even though the same rules apply to all participants. Using St. Thomas Aquinas's definition of envy as a starting point, and drawing both biblical examples and the most up-to-date research, this course will critically examine the potentially corrosive role that envy may play in our relationships in a market economy. Critiques the idea of equality of economic outcomes from a moral and anthropological perspective.
Recommended Reading:
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Fehr, Ernst. "Envy, Status and the Market." Lecture paper. Progress Foundation.
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"Free Markets, Envy, and Olasky's Law." 2009. The American.
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Karlgaard, Rich. "The Politics of Envy." TalkBack. Forbes.com Video Network.
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Sirico, Robert A. 2000. "The Bedrock of Business Ethics." Religion & Liberty, May and June.
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Sirico, Robert A. 2008. "The Envy Trap." Religion & Liberty, Summer.
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Weede, Erich. "On Envy: Social and Economic Implications." Lecture paper. Progress Foundation.
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Williams, John K. 1992. "Envy." Religion & Liberty, March and April.