@joefromchicago,
joefromchicago wrote:Maybe so, but that doesn't mean that I'll acquiesce to your system of morality.
That's fine. I practice my two-tenet religion with a fairly ecumenical attitude. I already said to Frank that I have no ethical problem with theologically-liberal mainline protestants. I also have no problem with the ethics underlying John Rawls's political philosophy. In practice, Rawlsians end up advocating the right policies --- policies that tend to increase happiness for a great number of people. I won't carry a grudge just because they advocate these policies for reasons that don't persuade me. (I seem to remember that you hold similar views on Richard Posner's concrete verdicts as a judge, as opposed to his legal philosophy underpinning them.)
joefromchcicago wrote:For utilitarians, happiness (or utility in general) is the good.
OK, that puts us back on the same page.
joefromchicago wrote:If an action is moral to the extent that it increases the likelihood of more preferences being met, then resorting to an "auction" in the event of a conflict seems unlikely to fulfill that criterion.
That's a good point. It got me thinking about how this ethical premise translates into economics. It seems that the most straightforward translation is to analyze it in terms of
indifference curves, which describe one consumer's options among consumer bundles. Preference maximization would then translate into the imperative to maximize the total number of options available in the economy. One thing that increases that number is an equal distribution of income. Another is to increase total income. The optimal tradeoff between the two could
in principle be calculated and observed. In practice, it would be hard to do precisely because it involves millions of humans with a gazillion of options each, but I guess one
could arrive at reasonable estimates.
Thomas wrote:Then how do preferences fit into a system of morality if they are non-moral?
In the same way that your happiness fits into a system of morality.
Your preferences, just as
your happiness, have a claim on
my morals because of
my empathy and goodwill for sentient beings, especially humans, and because of the way
I use
my reason to account for different individuals' preferences and how they affect each other.
joefromchicago wrote:I think you're straying from utilitarianism more than you might imagine.
I don't think so. (But then again I would if you were right, wouldn't I?) Quite a few utilitarians in the 19th century used labor instead of gold for their calculations of effort and utility. It's called the labor theory of value. Using labor to account for the intensity of preferences is fairly mainstream utilitarianism --- just not the kind of utilitarianism that the Koch brothers buy university chairs for in their favorite economics departments. John Stuart Mill, in particular, was much more sympathetic to the socialist cause than you might think. I don't know how interested you are in pursuing this point. But if you are, you will find it interesting to check out his
Chapters on Socialism and his economics textbook's (much shorter) chapter on [url]The Probable Futurity of the Laboring classes[/url]. He's all about redistribution, worker's cooperatives instead of corporations, and stuff like that.
On a slight tangent, focusing on time and work also has the benefit of not making people uncomfortable when you ask them about their preferences. If you were to say, "I prefer Alice over Betty as a girlfriend", and I asked "how much more money are you willing to pay for Alice?", you would probably get upset, and I wouldn't get a useful answer. But I very well
may get an informative answer if I framed it in terms of time --- "how many more hours are you willing to spend in the gym getting in shape for Alice compared to Beth, or in the kitchen cooking candlelight dinners for her, or in the car picking her off after work, or in the library brushing up on the kamasutra for her pleasure?" I think you get my point.