Chapter

Money

J. R. LUCAS

in Responsibility

Published in print May 1995 | ISBN: 9780198235781
Published online October 2011 | e-ISBN: 9780191679117 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198235781.003.0009
Money

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Money raises many questions about its responsible use, and these are laid out in this chapter. The fact that money obtains its value by conferring choice affects our understanding of its moral properties. In so far as it increases the individual's range of choice, it is a good thing, and equally it is good in extending our opportunities of concerting our actions in cases where the benefit would, in the absence of monetary transfers, accrue unevenly or to some partners not at all. But it also increases the burden of responsibility on the individual, who cannot disclaim many obligations on the score of not being able to discharge them.

Keywords: money; responsibility; choice; individual; responsible use

Chapter.  16950 words. 

Subjects: Moral Philosophy

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