caa a22 4500 60548564X CHVBK 20210128100442.0 cr unu---uuuuu 210128e20150301xx s 000 0 eng 10.1007/s10551-013-2042-2 doi (NATIONALLICENCE)springer-10.1007/s10551-013-2042-2 The Inexorable Sociality of Commerce: The Individual and Others in Adam Smith [Elektronische Daten] [David Bevan, Patricia Werhane] In this paper we reconsider Adam Smith's ethics, what he means by self-interest and the role this plays in the famous "invisible hand.” Our efforts focus in part on the misreading of "the invisible hand” by certain economists with a view to legitimizing their neoclassical economic paradigm. Through exegesis and by reference to notions that are developed in Smith's two major works, we deconstruct Smith's ideas of conscience, justice, self-interest, and the invisible hand. We amplify Smith's insistence, through his notions of the virtues, that as human beings, and by analogy, organizations, we are intrinsically social, rather than selfish and or egoistically self-centered. Thus, we have responsibilities to and because of others. We conclude that such a managerialist preoccupation with shareholder value is challenged, if not completely refuted, by taking seriously the social character of Smith's complex vision of commerce. Springer Science+Business Media Dordrecht, 2014 Adam Smith nationallicence Self-interest nationallicence The invisible hand fallacy nationallicence The sociality of commerce nationallicence Bevan David CEIBS, Shanghai, People's Republic of China aut Werhane Patricia The Institute for Business & Professional Ethics, DePaul University, Chicago, IL, USA aut Journal of Business Ethics Springer Netherlands 127/2(2015-03-01), 327-335 0167-4544 127:2<327 2015 127 10551 https://doi.org/10.1007/s10551-013-2042-2 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10551-013-2042-2 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Bevan David CEIBS, Shanghai, People's Republic of China aut NATIONALLICENCE 700 1- Werhane Patricia The Institute for Business & Professional Ethics, DePaul University, Chicago, IL, USA aut NATIONALLICENCE 773 0- Journal of Business Ethics Springer Netherlands 127/2(2015-03-01), 327-335 0167-4544 127:2<327 2015 127 10551