Combining forces

I got the title wrong on the post from yesterday. Dawkins describes how it is possible to obey to biological urges towards selfishness while simultaneously using the faculty of reason to weigh the benefits of cooperation. He observes that our human ability to conceptualize how better outcomes occur through advancing the group interest plays us against short term selfishness. It is long-term selfish.

What Richard Dawkins describes isn’t the duality I refer to, but the human characteristics which set the stage for duality. Despite the ever present desire to declare: ‘it’s mine!’ our conscience, our capability to withdraw and look back on ourselves, our recording of history leads us to understand the benefits of responding to altruistic inclinations.

This supports the idea that economic actions can be motivated by dual forces captured in one transaction.

Consider the factors which motivate a choice of professions, of career paths, a considerable monetary decision over a lifetime. If one chooses an employer closer to home for lesser pay, than there is a blending of the benefits brought to bare on the family over income. Or, say, one decides to be an overseas war correspondent due to a strong belief in the necessity for transparency. Society yes, family no. If one considers where people volunteer their time, the choice is between forgoing monetary income in support of a group benefit: firefighter, rotary member, church relief services.

Everyday resource commitments are made in a blended fashion between monetary flows and altruistic featherings.

The duality I speak of in this blog is of a transformative nature. It’s described by Hans Ritschl, a German economist from the early part of the 20th century. More on his insights tomorrow.