The Missing Link - the Concept of Gratitude in A. Smith: An Alternative Reading of Economic Liberalism

Abstract

The purpose of our study is to analyze the role that the concept of gratitude plays in Adam Smith’s ethical and economic thinking. The figure of Adam Smith is usually associated with the theoretical bases of economic liberalism and, by extension, with the dire political, social and environmental consequences derived from the development of the market economy in the last three centuries. Despite this association, Adam Smith devotes several pages to reflecting on gratitude, a virtue that seems to be the antipodes of the cardinal values of the current global economic system. For this author, the expression of gratitude prevents interpersonal relationships from becoming strictly mechanical, so that the other is reduced to a mere means of our action. The main aim of our intervention is to show the role that the experience of gratitude plays in the thought of Adam Smith in order to explore the possibility of a more humane approach to the main theses of economic liberalism. We also outline some of the political implications that the experience of gratitude can have for our contemporaneity.

Presenters

Alex Mumbrú Mora
Profesor Asociado, Departament de Filosofia, Universitat Autònoma de Barcelona, Barcelona, Spain

Details

Presentation Type

Paper Presentation in a Themed Session

Theme

The Politics of Religion

KEYWORDS

ADAM SMITH, ECONOMIC LIBERALISM, GRATITUDE