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Why we need future generations: a defence of direct intergenerational reciprocity

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  • Corvino, Fausto

Abstract

In this article I argue that the non-reciprocity problem does not apply to intergenerational justice. Future generations impact, here and now, on the well-being of people now living. I firstly illustrate the economic-synchronic model of direct intergenerational reciprocity (DIR): future generations allow people now living to maintain the economic system future-oriented and capital-preserving. The rational choice for people now living is to guarantee transgenerational sufficiency to future generations. I then analyse the axiological-synchronic model of DIR: future generations give meaning and value to many of the activities that people now living carry out, and this is a compelling reason for the latter to worry about the former. I argue that only the economic-synchronic model of DIR can consistently explain why we need future generations. I conclude by discussing the limits of indirect intergenerational reciprocity.

Suggested Citation

  • Corvino, Fausto, 2023. "Why we need future generations: a defence of direct intergenerational reciprocity," Economics and Philosophy, Cambridge University Press, vol. 39(3), pages 395-422, November.
  • Handle: RePEc:cup:ecnphi:v:39:y:2023:i:3:p:395-422_3
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