One of the things I find most interesting about Posner is
his attempts to rationalize his principles. You mention that you feel uncomfortable
with Posner’s dismissal of the intrinsic value of humans, and from his writing,
it appears that he is as well. He spends a significant portion of his writing
attempting to explain how welfare maximization fit with our moral intuitions
and is not conducive to moral monstrousness. Even though Posner argues for a
form of morality and justice based on welfare maximization, he bends over
backwards to make it seem more palatable. Posner attempts to justify welfare
maximization by showing that economic liberty will be upheld in his scheme, and
that he gives weight to both utility and consent. Economic liberty will be
ensured because all economists believe in the wealth maximization of free
markets, it’s obviously the best solution. This sort of protection of liberty,
however, is superficial at best and nonexistent at worst. If there were some
sort of market failure, the most efficient solution for which would be to
suspend liberty, no doubt it would be suspended indefinitely. He also explains
how segregation, genocide, and slavery would be “far-fetched” and that it would
be “unlikely” that it would increase society’s wealth. Posner also claims that
welfare maximization would involve “greater respect for individual choice”, and
that it has a firmer foundation for a theory of justice. He mentions that it
provides a basis for laws, and that they must, among other things, treat people
equally. However, he also does not believe that a person without the means to support
himself should have a say in the distribution of resources. This is because, as
Posner puts it, “to treat the inventor and the idiot equally concerning their
moral claim… does not take seriously the differences between persons.” It seems
that this completely undermines Posner’s claim that he allows for individual
choice and for consistency with intuitive morality.
Posner’s justification for welfare maximization based on
being consistent with pareto efficiency and consent is nonsensical. He attempts
to use this a basis for his welfare maximization while also claiming that morality
is based whether morals maximize welfare. Posner plays a game of circular
logic, begging the question of basic rights when he tries to maximize welfare
and vice versa. There is no independent justification for his welfare
maximization, and he rests on no more solid ground than the utilitarian he
decries. He uses many examples of how our current system is based on economics,
but fails to provide independent reasoning as to why it should.
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