Why We Should Negatively Discount the Well-Being of Future Generations

Traditionally, the discounting debate has been dominated by those who advocate equality between generational interests and those who think future generations’ interests should be discounted at some positive rate. This paper argues for a novel view: future generations’ interests s...

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Main Author: Matthew Price
Format: Article
Language:English
Published: Michigan Publishing Services 2024-11-01
Series:Journal of Practical Ethics
Subjects:
Online Access:https://journals.publishing.umich.edu/jpe/article/id/6214/
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author Matthew Price
author_facet Matthew Price
author_sort Matthew Price
collection DOAJ
description Traditionally, the discounting debate has been dominated by those who advocate equality between generational interests and those who think future generations’ interests should be discounted at some positive rate. This paper argues for a novel view: future generations’ interests should be negatively discounted. First I defend the claim that we have greater reason to promote the well-being of those who are more morally deserving. Then I explain why we should expect future people to be more morally deserving than us. Throughout this argument, scepticism about moral desert looms large. Nevertheless, given the context of moral uncertainty under which the discounting decision must be made, a negative discount rate remains a live option even in the face of a moderate degree of scepticism about moral desert.
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spelling doaj-art-ea2f21283f8c402bb7cb8bb3cf5d59c82025-08-20T02:21:46ZengMichigan Publishing ServicesJournal of Practical Ethics2051-655X2024-11-0111210.3998/jpe.6214Why We Should Negatively Discount the Well-Being of Future GenerationsMatthew Pricehttps://orcid.org/0000-0003-4214-9893Traditionally, the discounting debate has been dominated by those who advocate equality between generational interests and those who think future generations’ interests should be discounted at some positive rate. This paper argues for a novel view: future generations’ interests should be negatively discounted. First I defend the claim that we have greater reason to promote the well-being of those who are more morally deserving. Then I explain why we should expect future people to be more morally deserving than us. Throughout this argument, scepticism about moral desert looms large. Nevertheless, given the context of moral uncertainty under which the discounting decision must be made, a negative discount rate remains a live option even in the face of a moderate degree of scepticism about moral desert.https://journals.publishing.umich.edu/jpe/article/id/6214/future generationsdiscountingdesertmoral uncertaintymoral luck
spellingShingle Matthew Price
Why We Should Negatively Discount the Well-Being of Future Generations
Journal of Practical Ethics
future generations
discounting
desert
moral uncertainty
moral luck
title Why We Should Negatively Discount the Well-Being of Future Generations
title_full Why We Should Negatively Discount the Well-Being of Future Generations
title_fullStr Why We Should Negatively Discount the Well-Being of Future Generations
title_full_unstemmed Why We Should Negatively Discount the Well-Being of Future Generations
title_short Why We Should Negatively Discount the Well-Being of Future Generations
title_sort why we should negatively discount the well being of future generations
topic future generations
discounting
desert
moral uncertainty
moral luck
url https://journals.publishing.umich.edu/jpe/article/id/6214/
work_keys_str_mv AT matthewprice whyweshouldnegativelydiscountthewellbeingoffuturegenerations