Virtue of Selfishness (Hardcover)

This conversation, done with two people who are now fairly well-known philosophers, illustrates the deep bias surrounding the concept of self-interest. The fact that Lee Iacoca thought he was pursuing his self-interest in arranging the bail-out does not mean that it really was in his self-interest. If a person is lost in a forest and starving, and then spots a mushroom he/she believes is nutritious but in fact is poisonous, are we to accept that the eating of the mushroom is in the person's interest? The fact that we believe something is in our interest does not make it so.

The author of this book makes a brilliant case for the ethics of self-interest, with this concept being rooted in the organism's identity. It is the characteristics of the organism that determine what is good or bad for it. Ethical values arise when the organism can exhibit choice over a collection of alternatives, and is distinctly self-aware of these choices. And due to the complexity of both the organism and the environment, the context will determine the choices available to the organism. An Eskimo in the Artic North certainly faces different choices than an individual living in the jungles of the Amazon. In addition, because the organism is not omniscient, the choices made may act to the organism's detriment. Adaptation takes time, and the organism will suffer or even die if bad choices are made.

Organisms with a self-awareness of choices, or moral agents, are thus governed by what characteristics they possess, and the environments in which they find themselves. The author of this book argues brilliantly for a morality of self-interest, and her care and skill in elucidating the concept of self-interest and ethics in general, makes this book the best formulation of ethics in the history of philosophy. In addition, the book could be read in the context of modern theories of rational agents, both in philosophy and the field of artificial intelligence.

The author has defined "rationality" in a manner quite different from what the word stands for in economic theory, the latter of which views it as a descriptive concept. If a person is labeled as "rational" in economic theory, it means that the person is attempting to optimize his self-interest, regardless of the facts that might indicate otherwise. "Rational" for the author is quite different. What the author is saying, and is most profound, is that many of the actions that have been taken as an excuse for self-interest, such as lying, deception, and violence, are indeed never in one's interest. To label a human as "rational" in her view, is to characterize the person as one who is optimizing their self-interests, but these interests, because of the nature of the biology of humans, and the nature of the human psyche, never involve lying, deception, and violence. This is a bold and interesting move in ethical theory, and differentiates the author's formulation from most others in the history of philosophy.

The ethical doctrines of this author are also intimately related to what science can tell us what indeed is in the interest of organisms, in order for them to optimize their health and general well-being. Most refreshing though is that this formulation of ethics is exceedingly optimistic. It asks the reader to consider that rationality, productiveness, and pride are the virtues of self-interest. Plundering, violence, cheating, and deception never are. With its emphasis on the power of the human mind and its efficacy, it is certainly a philosophy that meshes will with our time. Even though written down over four decades ago, its optimism coupled with its practicality makes it pure 21st century.

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