By Steven McMullen (auth.)

This publication explores the industrial associations that ensure the character of animal lives as systematically exploited items traded in a industry economic system. It examines human roles and selection within the process, together with the industrial common sense of agriculture, experimentation, and animal possession, and analyses the marginalization of moral motion within the financial system.

Animals and the Economy demonstrates that exact shoppers and farmers are usually left with few actually animal-friendly offerings. moral members within the financial system needs to both face down an array of institutional limitations, or go out mainstream markets totally. This publication argues that those matters are usually not priceless parts of a marketplace approach, and evaluates a couple of coverage alterations which could increase the lives of animals within the context of a industry economy.

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Stanford. ,” Ethics 106, no. 4 (July 1, 1996): 754–75. 22 Norwood and Lusk, Compassion, by the Pound, 356. ” 20 3 The Ethical Logic of Economics 39 welfare only when it passes a minimum threshold. While this approach cannot decisively solve the dilemma for consequentialist ethics, the logic of this model is illuminating. The argument between those who argue for meat consumption and larger populations of farmed animals are, in the framework of this model, working with a low critical-level utility threshold.

Additionally, though, economists must understand better the way in which our methods limit the types of values that we can talk about within the discipline. That is, we can say that an animal has value, but economists are only equipped to refer to a particular limited type of value that could be ascribed to an animal: exchange value. Consider some of the different types of value that an animal could have. An animal could have some value to humans, either as a companion animal, a breeding animal, or because the animal’s body was valuable as a commodity.

3 The Ethical Logic of Economics 43 degree of human freedom. Animals are capable of making choices that reflect their interests in a comparable way. However, this does not mean that they can make informed economic or political decisions. It is impossible to avoid the fact that humans are in a permanent position of political power, and that animal interests must be protected by human choices. Human choices regarding political and economic intuitions, then, must be made with our best knowledge about animals’ interests.

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