Bernard Mandeville
(Copyright © 2005 Piero Scaruffi | Legal restrictions - Termini d'uso )

Philosophy of Nature
Links:

Synopsis:
  • Cynical view of the free market and capitalism
  • Private vices yield public virtue
  • Vice is a necessary condition for economic prosperity
  • Unbridled vicious passions of humans (such as greed) result in invisible cooperation
  • The luxuries condemned by moralists are precisely what makes the community prosperous (what "sells")
  • Selfish private greed creates an economy that ends up benefiting the whole community

(Copyright © 2005 Piero Scaruffi | Legal restrictions - Termini d'uso )