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History of Philosophy Without Any Gaps

HoP 453 - The Price is Right - Law and Economics in the Second Scholastic

Sep 29, 2024
Vitoria, a pioneer of natural law, Molina, a significant contributor to its discourse, and Suárez, an influential philosopher, delve into the evolution of natural law's relevance today. They explore the tension between personal morality and legal obligations through modern dilemmas. The conversation spans the impact of economic policies on morality, the complexities of pricing in transactions, and the interplay between human and natural law. These Scholastic thinkers tackle ethics surrounding international law and historical injustices, revealing the enduring significance of their ideas.
17:50

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The distinction between natural law and human law highlights how moral standards exist independently of governmental authority and legislation.
  • Scholastic thinkers emphasize that the ethics of economic exchange, such as the concept of the just price, is influenced by social perceptions and market dynamics.

Deep dives

The Moral Implications of Law and Authority

A discussion centers on the idea that a legitimate authority can influence the morality of actions through its laws. Philosophers from the second Scholastic period argued that what might be considered morally acceptable could become morally wrong simply by being outlawed. However, there are limits to this power; no government can legitimize intrinsically unjust actions, such as murder. This leads to the distinction between natural law, which is immutable by human authority, and human law, which is subject to the permissions and prohibitions enacted by governments.

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