PHIL 205 pre-session:
The Ethics and Economics of Wealth Creation

In this course we seek to apply philosophical methodology to the ethical issues that arise from wealth creation in a globalised world.

You will gain an understanding of the relevant ethical and economic issues, and improve your ability to philosophically analyse the issues in writing.

Instructor

  • Sean Whitton <spwhitton@email.arizona.edu>
  • Internet office hours: see below

Course Format and Teaching Methods

The structure and content of the course will be as follows:

  1. There are three units.
  2. We will study one unit per week.
  3. Units 1 and 2 will contain
    • five reading assignments; and
    • four or five video lectures (posted throughout the week).
  4. Unit 3 will contain
    • three reading assignments; and
    • three video lectures (posted throughout the week).
  5. Unit 3 is shorter so you have time to work on your final paper.
  6. For each reading assignment I will post discussion questions.
  7. You should make two discussion posts in the first week and two discussion posts in the second week.
    • one post should either:
      • respond to my discussion questions; or
      • post your own discussion question, and respond to it; and
    • the other post should respond to another student’s post.
    • The two posts should be of similar lengths.
  8. You should make one discussion post in the final week. You can either:
    • respond to my discussion questions; or
    • post your own discussion question, and respond to it; or
    • respond to another student’s discussion contribution.
  9. On the final day of each unit there will be a multiple-choice quiz on the content of the unit, due by midnight on Friday.
  10. You should also write a final paper answering the essay prompt I will post at the beginning of the final week of the course.

In a face-to-face class I can look at the faces of my students and judge how well they are following the material. Even if I asked each of you to send me a selfie for every day of the course, I can’t make that kind of judgment over the Internet. So you need to let me know immediately if you think you’re falling behind. I want to help you, but you need to keep me informed.

You must have a reliable computer and Internet connection available to participate. I won’t accept computer problems as an excuse for missing any deadlines—it’s impossible for me to verify your claims.

I recommend completing the reading assignments by Thursday of each week. Then you can spend Friday reviewing the parts you didn’t understand. Your schedule during each unit is up to you, though.

I will provide further guidance on the final paper when I set the paper topics.

Late Registration

Since this is a pre-session course, you cannot register after the first 48 hours of the course.

Course Communications

News about the course will be posted on the D2L course homepage. Please enable D2L e-mail notifications and/or check the D2L course homepage regularly.

I will hold Internet office hours using video conferencing software at the following times on the following days. You should visit this page to join the call. The password is available on D2L. At other times I will be available by e-mail. I will try to reply to all e-mails within 24 hours.

”MST” means “Mountain Standard Time”—that’s Tucson’s timezone.

  • Thursday 18th May, 8am–9am MST
  • Friday 19th May, 8am–9am MST
  • Tuesday 23rd May, 12pm–1pm MST
  • Thursday 25th May, 12pm–1pm MST
  • Tueday 30th May, 12:30pm–1:30pm MST
  • Thursday 1st June, 12:30pm–1:30pm MST

If none of these times suit you, please e-mail me and we can arrange something else.

Required Text

Creating Wealth: Ethical and Economic Perspectives (2nd ed.), edited by David Schmidtz and John Thrasher, published by Cognella. Please let me know if you have any difficulty obtaining this book. Please ensure you buy the second edition, not the older version.

There will be additional readings on D2L.

Grading

Scale

  • 90%+: grade A
  • 80%+: grade B
  • 70%+: grade C
  • 60%+: grade D
  • Less than 60%: grade E

Breakdown

  1. Unit 1 multiple choice quiz: 20%
  2. Unit 2 multiple choice quiz: 20%
  3. Unit 3 multiple choice quiz: 20%
  4. Participation in online discussions: 10%
  5. Final paper: 30%.

Course Schedule

Unit 1: Ethics and Ethical Obligations to the Poor

  • Reading assignments for this unit:
    1. Singer: Famine, Affluence and Morality
    2. Schmidtz: Islands in a Sea of Obligation
    3. Hardin: Tragedy of the Commons
    4. Satz: The Moral Limits of Markets: The Case of Human Kidneys, pp. 269–277 only (PDF on D2L)
    5. Goodin: The Classic Case for Collectivization Restated
  • Watch five video lectures.
  • Post two discussion contributions.
  • 19th May: unit 1 quiz due by midnight.

Unit 2: Trade, Credit and Regulation

  • Reading assignments for this unit:
    1. Hayek: The Use of Knowledge in Society
    2. Zwolinski: The Ethics of Price Gouging
    3. ”A fare shake”, The Economist, 14th May 2016
    4. Smith: The Wealth of Nations, bk. I, ch. I only
    5. Lomasky: Liberty after Lehman Brothers
  • Watch four video lectures.
  • Post two discussion contribution.
  • 26th May: unit 2 quiz due by midnight.

Unit 3: Property, Labour and Alienation

  • Reading assignments for this unit:
    1. Locke: from Two Treatises of Government
    2. Gaus: The Idea and Ideal of Capitalism
    3. Marx: Alienation
  • Watch three video lectures.
  • Post one discussion contribution.
  • 2nd June: unit 3 quiz due by midnight.
  • 3rd June (last day of classes): final paper due by midnight.

UA-mandated notices

https://academicaffairs.arizona.edu/syllabus-policies

Absence and Class Participation

The UA’s policy concerning Class Attendance, Participation, and Administrative Drops is available at: http://catalog.arizona.edu/policy/class-attendance-participation-and-administrative-drop

The UA policy regarding absences for any sincerely held religious belief, observance or practice will be accommodated where reasonable, http://policy.arizona.edu/human-resources/religious-accommodation-policy

Absences for groups of more than three students that are pre-approved by the UA Dean of Students (or Dean Designee) will be honored. See: http://policy.arizona.edu/employmenthuman-resources/attendance

Threatening Behavior Policy

The UA Threatening Behavior by Students Policy prohibits threats of physical harm to any member of the University community, including to oneself. See http://policy.arizona.edu/education-and-student-affairs/threatening-behavior-students

Accessibility and Accommodations

At the University of Arizona, we strive to make learning experiences as accessible as possible. If you anticipate or experience barriers based on disability or pregnancy, please contact the Disability Resource Center (520-621-3268, https://drc.arizona.edu/) to establish reasonable accommodations.

See http://drc.arizona.edu/instructors/syllabus-statement.

Code of Academic Integrity

Students are encouraged to share intellectual views and discuss freely the principles and applications of course materials. However, graded work/exercises must be the product of independent effort unless otherwise instructed. Students are expected to adhere to the UA Code of Academic Integrity as described in the UA General Catalog. See: http://deanofstudents.arizona.edu/policies/code-academic-integrity and http://deanofstudents.arizona.edu/academic-integrity/students/academic-integrity

UA Nondiscrimination and Anti-Harassment Policy

The University of Arizona is committed to creating and maintaining an environment free of discrimination. In support of this commitment, the University prohibits discrimination, including harassment and retaliation, based on a protected classification, including race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or genetic information. For more information, including how to report a concern, please see http://policy.arizona.edu/human-resources/nondiscrimination-and-anti-harassment-policy

Classroom Behavior Policy

To foster a positive learning environment, students and instructors have a shared responsibility. We want a safe, welcoming, and inclusive environment where all of us feel comfortable with each other and where we can challenge ourselves to succeed. To that end, our focus is on the tasks at hand and not on extraneous activities (e.g., texting, chatting, reading a newspaper, making phone calls, web surfing, etc.).

Subject to Change Statement

Information contained in the course syllabus, other than the grade and absence policy, may be subject to change with advance notice, as deemed appropriate by the instructor; see http://policy.arizona.edu/faculty-affairs-and-academics/course-syllabus-policy-undergraduate-template