A Critique of the Socialist Theory of Sharing Economy from an Ethical Viewpoint according to the ideas of Friedrich Hayek and Ayn Rand

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SHARAF RAHAM; JABBARI AMIR; Loloee Neda

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Journal: NAQD VA NAZAR Year:2021 | Volume: | Issue: Page(s): 129-155

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Title

A Critique of the Socialist Theory of Sharing Economy from an Ethical Viewpoint according to the ideas of Friedrich Hayek and Ayn Rand

Author(s)

SHARAF RAHAM | JABBARI AMIR | Loloee Neda | Issue Writer Certificate

Keywords

Sharing economy

socialism

altruism

egoism

freedom

individual identity

Abstract

Similar to other economic and political theories which are based on philosophical foundations, communist economy which is mainly rooted in socialistic ideas of Karl Marx has no expiration date and can be considered as an important management option under every circumstance. As under current circumstances where COVID-19 pandemic has led to severe economic problems and increasing unemployment, many theorists believe that capitalism and liberalism are not efficient now and recommend a return to some narratives of socialism. In this article, we try to study communist economy from the viewpoint of moral criticisms of Friedrich Hayek and Ayn Rand. To morally criticize communist economy, these two thinkers have considered items such as violating the individuals' rights and freedom in socialism and destruction of the individuals' identity. Rand takes a deeper and more philosophical approach to criticize moral foundations of socialism and the theory of communist economy while Hayek considers moral and social consequences of this viewpoint on the society.

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APA: Copy

SHARAF, RAHAM, JABBARI, AMIR, & Loloee, Neda. (2022). A Critique of the Socialist Theory of Sharing Economy from an Ethical Viewpoint according to the ideas of Friedrich Hayek and Ayn Rand. NAQD VA NAZAR, 26(4 ( 104) ), 129-155. SID. https://sid.ir/paper/951795/en

Vancouver: Copy

SHARAF RAHAM, JABBARI AMIR, Loloee Neda. A Critique of the Socialist Theory of Sharing Economy from an Ethical Viewpoint according to the ideas of Friedrich Hayek and Ayn Rand. NAQD VA NAZAR[Internet]. 2022;26(4 ( 104) ):129-155. Available from: https://sid.ir/paper/951795/en

IEEE: Copy

RAHAM SHARAF, AMIR JABBARI, and Neda Loloee, “A Critique of the Socialist Theory of Sharing Economy from an Ethical Viewpoint according to the ideas of Friedrich Hayek and Ayn Rand,” NAQD VA NAZAR, vol. 26, no. 4 ( 104) , pp. 129–155, 2022, [Online]. Available: https://sid.ir/paper/951795/en

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