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Philosophy <strong>for</strong> Business – Issue 79 – 28th December 2016 <br />

http://www.isfp.co.uk/businesspathways/ <br />

A <strong>Market</strong> <strong>for</strong> <strong>Values</strong> <strong>and</strong> <strong>Metavalues</strong><br />

by <strong>Marco</strong> <strong>Senatore</strong><br />

The present article is aimed at defining some dimensions of autonomy, as well as<br />

proposing an instrument which could promote them in our societies. In particular, I will<br />

describe the institution of a market <strong>for</strong> inner motivations (values <strong>and</strong> metavalues), which<br />

could complement the daily economic interactions among individuals, nowadays mainly<br />

confined to the exchange of goods <strong>and</strong> services.<br />

I already expressed such ideas in my book “Exchanging Autonomy. Inner Motivations<br />

as Resources <strong>for</strong> Tackling the Crises of Our Times” 1 .<br />

Kinds of autonomy<br />

Traditionally, starting from Kant, autonomy has been conceived as the condition<br />

whereby will gives itself its own law. Kant defined autonomy as the “ground of the dignity of<br />

human nature <strong>and</strong> of every rational nature” 2 . Recently, some important philosophers, such as<br />

Thomas Hill <strong>and</strong> Christine Korsgaard, followed a Kantian perspective to autonomy.<br />

On the other h<strong>and</strong>, I think that in a complex society, where the social role of<br />

individuals has gained great prominence in the definition of their identities, it is essential to<br />

focus on other ambits which shape the autonomy of an individual, beyond the principle of his<br />

moral laws. In a nutshell, these ambits represent the answer to three questions: “what should I<br />

do?”, “what should I believe?” <strong>and</strong> “how should I believe?”.<br />

The first question implies the choice of a role, conceived as the set of actions through<br />

which we relate to reality (in professional, social, moral <strong>and</strong> cultural terms) <strong>and</strong> the effect that<br />

these actions have on it. Through actions, we can change reality or keep it unchanged.<br />

The second question leads to the definition of values, as criteria employed by the<br />

individual to judge reality, <strong>and</strong> which can be moral, organizational <strong>and</strong> cultural.<br />

The third question relates to the motivations behind values <strong>and</strong>, in some way, the<br />

approach to them, employed by an individual to perceive his own dignity.<br />

Consequently, it is possible to define three kinds of autonomy:<br />

1 The book has been published by Xlibris in 2014.<br />

2 Immanuel Kant, Groundwork of the Metaphysics of Morals, ed. by Mary Gregor, Cambridge Texts in the<br />

History of Philosophy (Cambridge: Cambridge Universiry Press, 1988), 4: 436.<br />

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Philosophy <strong>for</strong> Business – Issue 79 – 28th December 2016 <br />

http://www.isfp.co.uk/businesspathways/ <br />

1. relational autonomy is the condition whereby the role assumed by the<br />

individual (e. g. buyer of a certain product or voter <strong>for</strong> a certain party) is the cause <strong>and</strong> not the<br />

consequence of the particular relations with other individuals. In this condition, the individual<br />

can claim that some particular persons are his friends <strong>and</strong> colleagues because he decided to<br />

assume a certain role, while, where there is no relational autonomy, the individual decides to<br />

assume a certain role due to the influence of his friends, relatives <strong>and</strong> colleagues.<br />

2. Functional autonomy is the condition whereby the judgement on reality, <strong>and</strong><br />

the acceptance of it, is the cause <strong>and</strong> not the consequence of the role assumed in reality.<br />

There<strong>for</strong>e, in a condition of functional autonomy, the individual decides to assume a given<br />

role because of his (moral, organizational <strong>and</strong> cultural) values, whereas, in absence of such<br />

autonomy, a certain judgement on reality is instrumental to the role assumed by the<br />

individual. Ideally, functional autonomy allows an individual to choose his work, the<br />

products he purchases <strong>and</strong> the party he votes <strong>for</strong> on the basis of his own principles, thereby<br />

eliminating the common sense of alienation of our time.<br />

3. Existential autonomy is a condition whereby reality is accepted because one is<br />

aware of the dignity of one’s existence. Such kind of autonomy implies the choice of<br />

metavalues, allowing the perception of one’s dignity <strong>and</strong> guiding the choice of values.<br />

According to my theory, in order to perceive his own dignity, an individual must satisfy at<br />

least some of the following fundamental human needs: a. the need <strong>for</strong> immortality, of<br />

surviving beyond the temporal confines of one’s life, <strong>and</strong> of producing a meaning beyond the<br />

historical context to which one belongs; b. the need <strong>for</strong> uniqueness, meaning that each one of<br />

us is a unique combination of experiences, feelings, <strong>and</strong> ideas; c. the need <strong>for</strong> belonging, of<br />

seeing mirrored in oneself a much broader reality in which to participate, sharing it with other<br />

individuals; d. the need <strong>for</strong> remembering <strong>and</strong> perceiving one’s faithfulness to oneself through<br />

memory of the past; <strong>and</strong> e. the need to influence reality, conferring a specific weight <strong>and</strong> role<br />

on one’s existence. <strong>Metavalues</strong> satisfying such needs can include the quality of one’s<br />

relations <strong>and</strong> the ab<strong>and</strong>onment of one’s egoism.<br />

I define actions, values <strong>and</strong> metavalues as the components of a nomos, i.e. a<br />

relationship between the individual <strong>and</strong> reality.<br />

In my book “Exchanging Autonomy” I highlighted that relational autonomy is a<br />

necessary but not sufficient condition <strong>for</strong> functional autonomy, <strong>and</strong> the latter is, in turn,<br />

necessary but not sufficient <strong>for</strong> existential autonomy.<br />

I also demonstrated a theorem, the theorem of the two autonomies, <strong>for</strong> which the<br />

functional autonomy of individuals is necessary but not sufficient <strong>for</strong> the existential<br />

autonomy of a society, by which I mean the condition whereby society is not perceived as a<br />

mere tool to protect individuals, but it is also considered a community, with an inherent<br />

dignity. Indeed, in a society where individuals judge reality only on the basis of their social<br />

role, collective values are not the outcome of a process of confrontation <strong>and</strong> generalization of<br />

individual values (allowed by collective metavalues), but only a mere instrument <strong>for</strong> the<br />

coordination of individual actions.<br />

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Philosophy <strong>for</strong> Business – Issue 79 – 28th December 2016 <br />

http://www.isfp.co.uk/businesspathways/ <br />

Autonomy, in its relational, functional <strong>and</strong> existential dimensions, has several benefits<br />

<strong>for</strong> society as a whole. For instance, relational autonomy ensures that social roles are assumed<br />

not only with a view to getting the approval of one’s particular environment.<br />

On the other h<strong>and</strong>, functional autonomy allows consistency among actions of an<br />

individual, to the extent that they are inspired by the same values, as well as social mobility,<br />

to the extent that a given individual can assume a number of social roles inspired by a given<br />

set of values.<br />

As <strong>for</strong> existential autonomy, it can promote cooperation also among individuals<br />

inspired by the same metavalues, even though they have chosen different values. Moreover, it<br />

can avoid some <strong>for</strong>m of “absolutization” <strong>for</strong> which values are seen as ends in themselves.<br />

Exchanges of values <strong>and</strong> metavalues<br />

German sociologist Niklas Luhmann highlighted how there is no single subsystem in<br />

society that would represent the latter as a whole. There<strong>for</strong>e, one could argue that, in a<br />

society where the only common shared principle (or at least the principle which is the ground<br />

<strong>for</strong> all the others) is represented by economic utility, a change in society can be possible only<br />

creating an economic incentive <strong>for</strong> it. This idea, together with the need <strong>for</strong> tools aimed at<br />

promoting individual autonomy in our societies, could motivate the institution of markets <strong>for</strong><br />

inner motivations, i.e. values <strong>and</strong> metavalues. In our societies, economic transactions among<br />

individuals are only limited to the exchange of goods <strong>and</strong> services. On the other h<strong>and</strong>, the<br />

latter are the result of a social role which is expressed by being a consumer or a producer <strong>and</strong>,<br />

there<strong>for</strong>e, by particular actions, aimed at changing reality or keeping it unchanged. What if<br />

human beings could exchange also different components of their nomos, which are currently<br />

only considered as accidental subjective elements of human nature?<br />

If a person A felt that he lacks some inner motivations in her life (<strong>for</strong> instance, an<br />

empirical proof of the importance of tolerance), he could interact with a person B who, in the<br />

past, lived several experiences testifying the importance of tolerance. In particular, B could<br />

transmit such experiences to A who could, in turn, transmit to B experiences proving the<br />

importance of another value (<strong>for</strong> instance, economic wellbeing). In this way, A could acquire<br />

a value which is independent of his particular role in reality (as, in general, A <strong>and</strong> B would<br />

work in different ambits, have different habits in terms of consumption, <strong>and</strong> so on), <strong>and</strong> B<br />

could have the same opportunity.<br />

After some time, A could interpret his role in a different way, through living<br />

experiences connected with tolerance. So A could decide to transfer the document containing<br />

such experiences <strong>and</strong> the ones previously lived by B <strong>and</strong> other individuals. If values could be<br />

exchanged not only with other values, but also with goods <strong>and</strong> services, they would become a<br />

means of exchange like money. There<strong>for</strong>e, if every experience connected with a given inner<br />

motivation had an economic value (i.e. if it could be exchanged with goods <strong>and</strong> services<br />

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Philosophy <strong>for</strong> Business – Issue 79 – 28th December 2016 <br />

http://www.isfp.co.uk/businesspathways/ <br />

having a certain monetary value), A would have an incentive to live personal experiences on<br />

the basis of some values, in order to transmit them to other individuals. On one h<strong>and</strong>, this<br />

would ensure functional autonomy (through the acquisition of values independent of the<br />

social role of the individual) to a person who might have been originally deprived of it; on the<br />

other, such kind of transactions would respect the paradigm of economic utility, which is<br />

dominant in our lives.<br />

A person who desires to transfer a given value might indicate to his counterpart the<br />

following elements: (a) one or more significant experiences, attesting to the usefulness of the<br />

value in certain situations in the context of personal or professional relationships; (b) actions<br />

in which the value has been previously expressed; (c) the number of individuals who have<br />

previously had significant experiences relevant to the value in question; <strong>and</strong> (d) the values<br />

that had previously been exchanged with the value in question. In<strong>for</strong>mation a, b, c, <strong>and</strong> d<br />

would be updated after each exchange of the value in question.<br />

In a similar way, significant experiences testifying the importance of a given<br />

metavalue could be received by a person, in exchange <strong>for</strong> experiences connected with other<br />

metavalues or values. This could ensure existential autonomy to a person originally deprived<br />

of it, or give her the possibility to interpret some values under a new light, represented by<br />

metavalues originally unknown by her. For instance, if someone believed in the importance<br />

of tolerance because this is a way to ab<strong>and</strong>on one’s egoism, this individual could interact with<br />

another person, who believes in the same value but because of a different metavalue, such as<br />

the possibility to contribute to the advancement of society. In this way, both individuals<br />

would keep on perceiving their own dignity<br />

In a nutshell, while nowadays we only exchange what characterizes our identities on<br />

an external level (actions), this kind of transactions would give the possibility to give a public<br />

relevance to the inner nature of our beings.<br />

It is also possible to highlight how a market <strong>for</strong> values <strong>and</strong> metavalues could provide<br />

significant benefits with regard to issues such as pollution, financialization of the economy,<br />

the excessive influence of lobbies.<br />

For instance, a business deciding to target new customers, not particularly sensitive to<br />

the importance of protecting the environment, could decide to produce a less polluting<br />

product, while asking his current customers to transfer significant experiences connected with<br />

environmentalism. In this way, the business could transfer the experiences to the new<br />

customers, so that the latter might decide to purchase the new product. In general, to the<br />

extent that every business comes into contact with groups of customers, who have different<br />

values <strong>and</strong> metavalues, the activity of production <strong>and</strong> sale could involve also an<br />

intermediation between such groups operated by the business, aimed at promoting the<br />

dem<strong>and</strong> of a given product through the transmission of significant experiences.<br />

Another area in which exchanges of values <strong>and</strong> metavalues could apply is represented<br />

by the activity of financial institutions. Banks could take into account not only the possible<br />

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Philosophy <strong>for</strong> Business – Issue 79 – 28th December 2016 <br />

http://www.isfp.co.uk/businesspathways/ <br />

returns of the investments of their customers, financed by their loans, but also the expected<br />

change in the value of significant experiences possessed by the customers. In this way, the<br />

banks would have no incentive to over-exp<strong>and</strong> their lending <strong>and</strong> increase leverage because<br />

the credit risk would be assessed by the system to which they belong (<strong>for</strong> the monetary<br />

component) <strong>and</strong> by independent agencies (as regards the value <strong>and</strong> meta-value component).<br />

Moreover, if citizens could assess public policies not only on the basis of their<br />

practical implications but also on the basis of their own values <strong>and</strong> metavalues, it would be<br />

possible to reduce the excessive influence of a limited number of big lobbies.<br />

I also find that exchanges of good <strong>and</strong> services could be useful <strong>for</strong> dealing with an<br />

issue such as income inequality. In particular, the State could distribute to the poorest part of<br />

the population, free of charge, a certain quantity of values <strong>and</strong> meta-values previously<br />

collected through the contribution of the totality of citizens in order to reestablish a fairer<br />

distribution of the resources.<br />

In our societies, the economic system clearly influences all the others. If the market is<br />

the dominant <strong>for</strong>ce which conditions our actions, ideas <strong>and</strong> the same perception of risks <strong>and</strong><br />

opportunities, then a different relation of human beings with themselves is only possible<br />

through the introduction in the market of that inner dimension which is nowadays considered<br />

irrelevant, dangerous or mainly instrumental to the economic targets of other operators.<br />

We live in a mass society, characterized, among other elements, by equalitarianism<br />

<strong>and</strong> homologation. Conversely, while there is a promotion of individualism, meaning the<br />

possibility to freely choose one’s means to achieve some common objectives (e.g. status,<br />

money, affective security), the promotion of individuality, implying the personal elaboration<br />

of one’s objectives, is quite rare.<br />

Against this backdrop, exchanging values <strong>and</strong> metavalues could greatly contribute to<br />

greater cooperation among individuals, <strong>and</strong> to the perception that their inner motivations are<br />

neither merely instrumental to their social role, nor reduced to marginality. Money, the only<br />

universal means of exchange, is also the only element behind work <strong>and</strong> production. If also<br />

values became a means of exchange, then it would still be possible to trade good <strong>and</strong> services<br />

<strong>for</strong> their motivating factor, but in a much broader <strong>and</strong> more fulfilling sense.<br />

On the other h<strong>and</strong>, to the extent that the perception of one’s dignity is linked with<br />

satisfying some fundamental human needs, it would be essential to promote spirituality,<br />

meaning the public awareness of the existence of such needs. This would reconcile autonomy<br />

with utility, positive <strong>and</strong> negative liberties, the public <strong>and</strong> private spheres, <strong>and</strong> ethics <strong>and</strong><br />

economy.<br />

© <strong>Marco</strong> <strong>Senatore</strong> 2016<br />

Email: marco.senatore@tesoro.it <br />

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