A kantian theory of capitalism
Abstract
In his essay, Bowie aims at completing an older project, examining the moral presuppositions which a modern corporation ought to fulfill from the perspective of Kantian moral philosophy. Bowie argues that Kant’s first formulation of the categorical imperative provides a theory of moral permissibility for market interactions. Interactions that violate the universalizability formulation of the categorical imperative are morally impermissible. The second formulation of the categorical (the humanity or “end in itself’ formulation) provides the basis for a more robust theory of moral obligation in personal market interactions. At a minimum labor cannot be treated as a commodity. All persons in a market transaction must be treated with respect. At a maximum the business firm ought to provide its employees with meaningful work. The third formulation of the categorical imperative, which Bowie calls the moral community formulation provides the foundation for a moral business organization. Kant’s general Enlightenment moral position supports the goal of an international business community free of war and particularistic strife. Business could play a positive role in building a moral global community.
Article Details
- How to Cite
-
Bowie, N. E. (2015). A kantian theory of capitalism. Science and Society: Journal of Political and Moral Theory, 19, 19–57. https://doi.org/10.12681/sas.655
- Section
- Articles

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike License that allows others to share the work, not for commercial purposes, with an acknowledgement of the work's authorship and initial publication in this journal. If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
Downloads
Download data is not yet available.