• Saturday, December 21, 2024
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BusinessDay

Donald Trump’s comeback: The triumph of economic self-interest over morality

Donald Trump named Time Magazine person of the year
There are two views of human behaviour. One is that people are primarily motivated by self-interest—what’s in it for me? The other is that people are primarily influenced by deeply ingrained moral values—what’s right and wrong? The first view comes from the rational choice or game-theoretic school; the second belongs to what scholars call constructivism. Now, the common belief is that Europeans tend to privilege high principles over narrow self-interest. By contrast, Americans have long been seen as mostly self-interested, individualistic pe