Self-interest and the theory of action

Jack Barbalet*

*Corresponding author for this work

    Research output: Contribution to journalJournal articlepeer-review

    17 Citations (Scopus)

    Abstract

    The concept of self-interest remains underdeveloped in sociology although central to economics. Recent methodological and social trends render sociological indifference to the concept untenable. The term has enjoyed historical predominance in the West since the sixteenth century. While it is seen in modern economics as a singular motivating force, Adam Smith regarded self-interest in economic action as necessarily moderated by sympathy. In addition to its problematic economic conceptualization self-interest has an experiential basis in unequal power relations. An alternative to the concept of self-interest is presented by Amartya Sen in his account of commitment; its inconsistencies, however, render Sen's statement unsatisfactory. Differences between present and future interests indicate that the distinction between self-interested and other-interested action is not sustainable.

    Original languageEnglish
    Pages (from-to)412-429
    Number of pages18
    JournalBritish Journal of Sociology
    Volume63
    Issue number3
    DOIs
    Publication statusPublished - Sept 2012

    Scopus Subject Areas

    • Sociology and Political Science

    User-Defined Keywords

    • Adam Smith
    • Amartya Sen
    • Commitment
    • Interest
    • Self
    • Sympathy
    • Temporality

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