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The Bourgeois Virtues: Ethics for an Age of Commerce [Hardcover]

Deirdre N. McCloskey (Author)
3.7 out of 5 stars  See all reviews (7 customer reviews)


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Book Description

July 15, 2006
For a century and a half, the artists and intellectuals of Europe have scorned the bourgeoisie. And for a millennium and a half, the philosophers and theologians of Europe have scorned the marketplace. The bourgeois life, capitalism, Mencken’s “booboisie” and David Brooks’s “bobos”—all have been, and still are, framed as being responsible for everything from financial to moral poverty, world wars, and spiritual desuetude. Countering these centuries of assumptions and unexamined thinking is Deirdre McCloskey’s The Bourgeois Virtues, a magnum opus that offers a radical view: capitalism is good for us.

McCloskey’s sweeping, charming, and even humorous survey of ethical thought and economic realities—from Plato to Barbara Ehrenreich—overturns every assumption we have about being bourgeois. Can you be virtuous and bourgeois? Do markets improve ethics? Has capitalism made us better as well as richer? Yes, yes, and yes, argues McCloskey, who takes on centuries of capitalism’s critics with her erudition and sheer scope of knowledge. Applying a new tradition of “virtue ethics” to our lives in modern economies, she affirms American capitalism without ignoring its faults and celebrates the bourgeois lives we actually live, without supposing that they must be lives without ethical foundations.

High Noon, Kant, Bill Murray, the modern novel, van Gogh, and of course economics and the economy all come into play in a book that can only be described as a monumental project and a life’s work. The Bourgeois Virtues is nothing less than a dazzling reinterpretation of Western intellectual history, a dead-serious reply to the critics of capitalism—and a surprising page-turner.


Editorial Reviews

From Publishers Weekly

Eschewing the notion that capitalism is evil and the middle class is soft and cowardly, University of Illinois professor McCloskey argues that bourgeois economic practices and people promote the widest possible range of virtues. An economically free and prosperous middle class is not only peaceable, law-abiding and prudent, McCloskey argues, it can also be artistic and spiritual, and support traditional cultures, protect the environment, win wars, make discoveries and care for the unfortunate better than aristocratic or proletarian social organizations. Though her overarching aim is to develop a modern theory and taxonomy of virtues, promoting libertarian economic views and summarizing 250 years of normative economic writings, McCloskey only sketches her argument here; the details will be left to three subsequent volumes. Most of this book is a technical survey of virtues that emphasizes Catholic theology, though it includes material from other traditions. The prose style is arch and obscure, often relying on brief quotations from philosophers, economists and historians and then rebutting them. Without the future volumes, these challenging 600 pages represent a highly idiosyncratic survey with no obvious focus. (June)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Review

"Deirdre McCloskey''s unfashionable, contrarian, and compelling manifesto in favor of what she calls the bourgeois virtues starts with an uncompromising ''apology'' for how private property, free labor, free trade, and prudent calculation are the font of most ethical good in modern society, not a moral threat to it. . . . Ms McCloskey is spectacularly well read. She can pull an apposite quotation not only from her heroes, such as Adam Smith and Thomas Aquinas, but also from Thucydides and Machiavelli, or from the anthropologist Ruth Benedict and the contemporary philosopher Alistair MacIntyre, or (for that matter) from the movies ''Groundhog Day'' and ''Shane.'' What is more, she writes with wonderful ease. Her style is conversational and lively, sometimes even cheeky, so that even the toughest concepts seem palatable."—Matt Ridley, Wall Street Journal
(Matt Ridley Wall Street Journal )

“An impressive collection of intellectual riches.”—Alan Ryan, New York Review of Books

(Alan Ryan New York Review of Books )

"The Bourgeois Virtues is the most comprehensive attempt yet published to show that Sunday and Monday virtues are compatible and complementary. Deirdre McCloskey''s grasp of history, philosophy, the social sciences and non-Christian religions makes the treatment of the classical virtues rich and deep."—James Halteman, Christian Century
(James Halteman Christian Century )

"A significant contribution to the study of the moral basis of economic life and thought. McCloskey has woven many sources and a number of traditions together to provide the beginnings of an argument and discussion of the role of virtues in economic life. Her approach intersects with, but also challenges, ongoing steams of research in the areas of behavioral economics and social, cultural, and institutional economics, and her vision is original."
(Jonathan S. Feinstein Journal of Economic Literature )

"This book is unfair in many ways. For all the seriousness of the content, it is written in such a beguiling manner that the reader is seduced into reading for sheer enjoyment rather than dutifully putting together wisdom and enlightenment."
(Paul B. Trescott Magill's Literary Annual )

"This is an admirable start to a bold project. Readers will find the extensive citations from literature, art, and history entertaining and informative, and the scope of the study should provide food for thought on a wide range of topics.. Most importantly . . . it illuminates the question at the heart of current debates over the marklet system and how it affects people."
(John D. Larrivee Journal of Markets & Morality )

Product Details

  • Hardcover: 634 pages
  • Publisher: University Of Chicago Press; First Edition edition (July 15, 2006)
  • Language: English
  • ISBN-10: 0226556638
  • ISBN-13: 978-0226556635
  • Product Dimensions: 9.1 x 6.8 x 1.6 inches
  • Shipping Weight: 2.2 pounds
  • Average Customer Review: 3.7 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Best Sellers Rank: #387,420 in Books (See Top 100 in Books)

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Customer Reviews

7 Reviews
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66 of 74 people found the following review helpful:
4.0 out of 5 stars Bourgeois Virtues?, July 29, 2006
By 
R. Stone "bradlowellstone" (Lawrenceville, GA United States) - See all my reviews
(REAL NAME)   
This review is from: The Bourgeois Virtues: Ethics for an Age of Commerce (Hardcover)
I find reviews very irksome when the reviewer states that the author of the book under review has failed miserably because he or she has not said what the reviewer would say had the reviewer written the book. Such reviews are as self-serving as they are silly and if I lapse into such here please dismiss my comments.

The Bourgeois Virtues: Ethics for an Age of Commerce is at 508 pages a hefty work but it is in fact just the first of four books Professor McCloskey has planned to write on our attitudes toward how we earn a living. I am not among those McCloskey sees as her primary audience--the romantic, anti-capitalist clerisy--for I admire the bourgeoisie and capitalism. Indeed, my heroes are foremost among McCloskey's heroes--Montesquieu, David Hume, and especially Adam Smith. Yet I believe that McCloskey fails to achieve her aims of defending capitalism and bourgeois character. She does so in a way that may actually escape attention as one reads this sometimes engaging but often tedious and very long book. The book seeks to defend "virtue ethics" against Kantian, utilitarian and contractarian ethical theories and it provides a catalogue of seven "bourgeois" virtues--love, faith, hope, courage, temperance, prudence and justice. The first three virtues McCloskey associates more with women than men and she acknowledges the obvious fact that they are essentially the Christian, "sacred" virtues. The other four virtues she associates more with men than women but they are even older than the sacred virtues because they were identified and described by the ancient, pagan Greeks and Romans. So, descriptions of the "bourgeois" virtues predate the bourgeois era by some 1800 years or more. There would be no problem with such an assertion if these rather timeless virtues are grounded in the most vigorous passions of human nature but are more likely to be achieved in the capitalist bourgeois order than in other orders or eras. Nonetheless, with a few passages in the quite excellent prologue/apology and in the final chapter aside, no such case is made. It is possible that despite the impression created by the title of this book, the case for the flourishing of the sacred and pagan virtues in capitalism will finally be made in the other three books but it is not contained within the book titled The Bourgeois Virtues.

Now, I believe I can safely avoid the irksome sort of review described above because the book I believe Professor McCloskey should have written is a book she is better prepared to write than anyone else alive. What Professor McCloskey should have written is an updated and empirical case for the argument contained in one of the greatest books ever written and certainly the best book ever written on commerce and ethics--Adam Smith's The Theory of Moral Sentiments. As things stand, The Theory of Moral Sentiments is a vastly superior work to McCloskey's The Bourgeois Virtues. I say this because, like McCloskey, Smith identifies a catalogue of timeless virtues--benevolence (love), justice, prudence and self-command (temperance)--but Smith accounts for the timeless nature of the these virtues by describing the natural, universal, human sentiments or passions in which they are grounded, and yet he also accounts for changes in these virtues over time especially under the influence of commerce. Smith recommends the commercial order precisely because the "universal opulence" created by such an order facilitates the development of the virtues by the inferior and middle classes. In commercial societies common folk can be benevolent to their loved ones because they have scratch in their pockets to display liberality and the leisure that allows selfless devotion; they can develop an exact sense of justice because they have property; with money in their pockets they have decisions to make those without money and property can never make and, indeed, with the options afforded to those living comfortably beyond subsistence, certain persons can go beyond the "mere prudence" needed for day-to-day security and seek great learning and "superior prudence"; and in a commercial society, self-command shifts from a focus upon fear and anger, leading to courage and magnanimity, so important in ancient warring societies, to control of temptations such as ease, selfish gratification and pleasure. Our ancestors did not have to exert self-command over their desire for a second or third piece of cheesecake the way we do, although they may have needed self-command while standing at a rampart.

I believe the Smithian catalogue of bourgeois virtues is simply more defensible than McCloskey's catalogue. Pagan or aristocratic courage is not a virtue from a bourgeois or commercial perspective. Rather, commerce is an alternative to ancient courage and magnanimity because these are virtues needed for acquisition through war, not trade. Indeed, as Smith says in the Wealth of Nations, commerce destroyed feudalism by convincing aristocrats to trade their birthright for diamond buckles. Similarly, although Christian faith and hope may be admirable, as McCloskey herself argued in an article in 1998 "they merged in a secular form of Christianity by the name of socialism" in the nineteenth century. In my view this is reason enough to not list faith and hope among the bourgeois virtues. Still, although I believe the evidence suggests strongly that Smith's catalogue of virtues is superior to McCloskey's, it is always easy quibbling over such matters. The more important point is that Smith's work on the bourgeois virtues is superior to McCloskey's, not because of the virtues identified, but because evidence for the commercial order actually promoting the bourgeois virtues is provided in abundance.

Brad Lowell Stone


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15 of 16 people found the following review helpful:
4.0 out of 5 stars Very interesting but flawed, April 4, 2007
By 
This review is from: The Bourgeois Virtues: Ethics for an Age of Commerce (Hardcover)
McCloskey has written a fascinating and potentially great book, but she doesn't quite pull it off. It is a book that covers a remarkable lot of ground, and which has an important argument at its heart: namely, that the so-called bourgeois virtues are generally both treated unfairly and their value underestimated, in terms of contributing to our material well-being. She ranges far and wide, discussing Greek tragedy, character theory and films, moral agency and novels, as well as philosophers, writers, and economists (she is herself an economist, but a very learned and obviously interesting one). The problem, however, is that this book reads like the cobbled-together journal musing and responses of a remarkably talented and well-read diarist, but one that hasn't edited her work carefully enough. To say it is unsystematic is an understatement. Still, it is very much worth reading, not least because it's spontaneity is infectious. It's an exciting book. Many works on virtue theory are dry and detailed, as if the authors want to match the dryness of (most) deontological or utilitarian accounts of ethics. McCloskey's work is the opposite of dry. Think of it as (loosely) applied virtue theory. But as another reviewer says, you will want to read or re-read Adam Smith after this, just to see how an excellent and successful defence of the bourgeois virtues and the market economy is conducted. (Is it unfair to demand of McCloskey that she provide us with another, perhaps updated version of The Theory of the Moral Sentiments? Probably. But her book is good enough that it provokes this demand.)
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2 of 2 people found the following review helpful:
3.0 out of 5 stars Interesting but needs editing, June 17, 2011
I wanted to make it through the whole book, and there is some good material there, but I couldn't do it. I was prepared for some digressions but it simply became too much -- Christian apologetics, endless etymology, and random thoughts on literature, just to name a few. I think some of that is relevant to her thesis, but I lost track. She did apologize for the length and unfocused argument, but that is just more evidence that it needs some serious editing. She should have put most of it in a separate project on literature and popular culture. If she or someone else prepares an abridged version of the four volumes, I'd be happy to read it.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
aristocratic courage, conscientious moral agent, pagan virtues, bourgeois virtues, virtue ethicists, good barons
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Adam Smith, Prudence Only, United States, The Japanese, Van Weyden, Iris Murdoch, Simone Weil, Paradise Lost, Frank Knight, Alasdair Maclntyre, Robert Nozick, Benjamin Franklin, Harry Frankfurt, King Arthur, Great War, Bertrand Russell, Annette Baier, Michael Novak, New York, Jane Austen, Golden Age, Nicomachean Ethics, Dutch Republic, Groundhog Day, Robert Frank
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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