Moral Capitalism
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Moral Capitalism
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Author : Stephen Young
language : en
Publisher: Berrett-Koehler Publishers
Release Date : 2003-11
Moral Capitalism written by Stephen Young and has been published by Berrett-Koehler Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-11 with Business & Economics categories.
Shows how to ensure that capitalism promotes progress and equality rather than enriching the few at the expense of manyBased on principles developed by the Caux Round Table, an international network of senior business executives from such companies as 3M, Canon, NEC, Bankers Trust, Shell, Prudential, and dozens of other companiesProvides practical guidelines for corporate social responsibility through the Caux Round Table's Seven General Principles for BusinessThe world is drifting without a clear plan for its economic development. Communism is dead, but in the wake of Enron and similar scanda.
Moral Capitalism
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Author : Steven Pearlstein
language : en
Publisher: Macmillan + ORM
Release Date : 2018-09-25
Moral Capitalism written by Steven Pearlstein and has been published by Macmillan + ORM this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-25 with Business & Economics categories.
"If anyone can save capitalism from the capitalists, it’s Steven Pearlstein. This lucid, brilliant book refuses to abandon capitalism to those who believe morality and justice irrelevant to an economic system." —Ezra Klein, founder and editor-at-large, Vox Pulitzer Prize-winning economics journalist Steven Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. With a New Introduction by the Author Thirty years ago, “greed is good” and “maximizing shareholder value” became the new mantras woven into the fabric of our business culture, economy, and politics. Although, around the world, free market capitalism has lifted more than a billion people from poverty, in the United States most of the benefits of economic growth have been captured by the richest 10%, along with providing justification for squeezing workers, cheating customers, avoiding taxes, and leaving communities in the lurch. As a result, Americans are losing faith that a free market economy is the best system. In Moral Capitalism, Pulitzer Prize-winning journalist Steven Pearlstein chronicles our descent and challenges the theories being taught in business schools and exercised in boardrooms around the country. We’re missing a key tenet of Adam Smith’s wealth of nations: without trust and social capital, democratic capitalism cannot survive. Further, equality of incomes and opportunity need not come at the expense of economic growth. Pearlstein lays out bold steps we can take as a country: a guaranteed minimum income paired with universal national service, tax incentives for companies to share profits with workers, ending class segregation in public education, and restoring competition to markets. He provides a path forward that will create the shared prosperity that will sustain capitalism over the long term. Previously published as Can American Capitalism Survive?
The Morality Of Capitalism
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Author : Mark W. Hendrickson
language : en
Publisher:
Release Date : 1996
The Morality Of Capitalism written by Mark W. Hendrickson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business & Economics categories.
Articles reprinted from The Freeman, edited by Dr. Paul Poirot. Includes bibliographical references and index.
The Ethics Of Neoliberalism
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Author : Peter Bloom
language : en
Publisher: Routledge
Release Date : 2017-06-26
The Ethics Of Neoliberalism written by Peter Bloom and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-06-26 with Business & Economics categories.
The 21st century is the age of "neo-liberalism" – a time when the free market is spreading to all areas of economic, political and social life. Yet how is this changing our individual and collective ethics? Is capitalism also becoming our new morality? From the growing popular demand for corporate social responsibility to personal desire for "work-life balance" it would appear that non-market ideals are not only surviving but also thriving. Why then does it seem that capitalism remains as strong as ever? The Ethics of Neoliberalism boldly proposes that neoliberalism strategically co-opts traditional ethics to ideologically and structurally strengthen capitalism. It produces "the ethical capitalist subject" who is personally responsible for making their society, workplace and even their lives "more ethical" in the face of an immoral but seemingly permanent free market. Rather than altering our morality, neoliberalism "individualizes" ethics, making us personally responsible for dealing with and resolving its moral failings. In doing so, individuals end up perpetuating the very market system that they morally oppose and feel powerless to ultimately change. This analysis reveals the complex and paradoxical way capitalism is currently shaping us as "ethical subjects". People are increasingly asked to ethically "save" capitalism both collectively and personally. This can range from the "moral responsibility" to politically accept austerity following the financial crisis to the willingness of employees to sacrifice their time and energy to make their neoliberal organizations more "humane" to the efforts by individuals to contribute to their family and communities despite the pressures of a franetic global business environment. Neoliberalism, thus, uses our ethics against us, relying on our "good nature" and sense of personal responsibility to reduce its human cost in practice. Ironically
The Ethics Of Capitalism
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Author : Daniel Halliday
language : en
Publisher: Oxford University Press, USA
Release Date : 2020-06
The Ethics Of Capitalism written by Daniel Halliday and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06 with Philosophy categories.
Can capitalism have moral foundations? Though this question may seem strange in today's world of vast economic disparities and widespread poverty, discussions originating with the birth of capitalism add a critical perspective to the current debate on the efficacy and morality of capitalist economies. Authors Daniel Halliday and John Thrasher use this question to introduce classical political philosophy as a framework by which to evaluate the ethics of capitalism today. They revisit and reconstruct historical eighteenth- and nineteenth-century defenses of capitalism, as written by key proponents such as Adam Smith and John Stuart Mill. They ask what these early advocates of market order would say about contemporary economies, and argue for the importance of connecting these foundational defenses to discussions of economic systems and the roles they play in economic justice and injustice today. The textbook covers longstanding problems that are as old as the discussion of capitalism itself, such as wage inequality, global trade, and the connection between paid labor and human flourishing. It also addresses new challenges, such as climate change, the welfare state, and competitive consumption, and provides topical global case studies. Additionally, it includes study questions at the end of each chapter and an author-created companion website to help guide classroom discussion.
Moral Capitalism And The Essential Economy
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Author : Walter C. Wagner
language : en
Publisher:
Release Date : 2006
Moral Capitalism And The Essential Economy written by Walter C. Wagner and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Political Science categories.
Moralizing Capitalism
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Author : Stefan Berger
language : en
Publisher: Springer
Release Date : 2019-07-26
Moralizing Capitalism written by Stefan Berger and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-26 with History categories.
This book adds a crucial focus on morality to the growing literature on the history of capitalism by exploring social and cultural perspectives on the economic order that has dominated the modern world. Taking the study beyond narrow economic confines, it traces the entanglement between moral sentiments and capitalism, examining both moral critiques and moral justifications. Company bankruptcies, systems of taxation, wealth, and the running of stock exchanges were attacked on moral grounds, while ideas of economic justice and the humanization of capitalism loomed large over moral critiques. Many movements, from antislavery to labour campaigns, were inspired by aspirations to improve capitalism and halt the moral decay that was felt to have affected large sections of society. This book questions how moral sentiments are defined and have changed over time, and how these relate to both capitalism and anti-capitalism. Covering a range of different social movements and ethical issues, the 13 chapters present a moral history of capitalism, understood not simply as an economic system but as an order that encompasses all areas of modern life.
Capitalism Unbound
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Author : Andrew Bernstein
language : en
Publisher: University Press of America
Release Date : 2010
Capitalism Unbound written by Andrew Bernstein and has been published by University Press of America this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with History categories.
This book is a concise explanation of capitalism's moral and economic superiority to socialism, including America's current mixed-economy welfare state. This volume offers a focused, essentialized, and condensed argument ideal for the layman who admires capitalism but lacking a succinct, accessible explanation of its moral and economic virtues.
Morality Crisis And Capitalism
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Author : Jean-Paul Baldacchino
language : en
Publisher: Berghahn Books
Release Date : 2022-09-13
Morality Crisis And Capitalism written by Jean-Paul Baldacchino and has been published by Berghahn Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-13 with Social Science categories.
'May you live in interesting times’ was made famous by Sir Austen Chamberlain. The premise is that ‘interesting times’ are times of upheaval, conflict and insecurity - troubled times. With the growing numbers of displaced populations and the rise in the politics of fear and hate, we are facing challenges to our very ‘species-being’. Papers in the volume include ethnographic studies on the ‘refugee crisis’, the ‘financial crisis’ and the ‘rule of law crisis' in the Mediterranean as well as the crisis of violence and hunger in South America.
The Road To Moral Capitalism
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Author : Stephen B. Young
language : en
Publisher: Waterside Productions, Incorporated
Release Date : 2015-06-03
The Road To Moral Capitalism written by Stephen B. Young and has been published by Waterside Productions, Incorporated this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-03 with Business & Economics categories.
The book exposes several core fallacies holding up modern financial free-market orthodoxy and which contributed to the recurrent failures of banking and finance to sustain healthy economic growth for all. The book argues that: 1) It is wrong to oppose public goods to private goods, with public goods consigned to governments for distribution and private goods left to allegedly only self-serving free markets. Some notional public goods - education, social services, transportation, etc. - can be effectively sourced and delivered by markets. And, to the contrary, some private goods affect the public interest and so draw upon themselves aspects of public goods. There is a continuum of goods and services ranging from pure public goods to pure private goods, with intermediate goods of a mixed character. Quasi-public goods and quasi-private goods can be provided by private enterprise through open market transactions. These are shared value goods and services. Financial intermediation is such a mixed public and private good. 2) Corporate social responsibility performs a mediation function between private goods and services provided by the firm and public goods demanded by society. 3) A limited theory of valuation - which ignores intangible assets and liabilities - caused the asset bubble and resulting collapse of leverage in the fall of 2008. A better theory of valuation is proposed to add public good dimensions to the calculation of private asset values. 4) The existence of an agency problem in finance and corporate governance is challenged. Current agency theory presumes that markets are incapable of providing public goods. The assumed agency problem supports companies ignoring stakeholders, externalities and fiduciary duties of responsibility. 5) Anxiety and money exacerbate the selfishness which brings the agency problem to the fore, but they can be offset by enhancing the strength of the moral sense, which is part of each person's social-psychology. The severity of the agency problem is rejected by value-based cultures - Catholic social teachings, Buddhism, Chinese ethics, Taoism, Aristotle and Qur'an. In addition, I/Thou relationships and friendships sustain values to overcome the agency problem. 6) Financial institutions need to be incentivized to provide public goods in addition to private goods. 7) "Wall Street" may be more about rent-extraction than investing in real growth. In much of finance, contract rights - shares, bonds, loan participations, derivatives, etc. - are only "rented" for a short time in order to flip them for a higher price. Why, then, should traders be given all the respect due to owners who invest for the long-term? 8) The US Dodd-Frank reforms did not challenge the inherent dysfunction in financial trading, but only sought to distance public coffers from responsibility for making good on private losses. 9) It is self-restraint - the moral sense as provided to each of us by Natural Law - which can align private goods with public good and so lead us to a moral capitalism.