The Morals Of Markets And Related Essays
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The Morals Of Markets And Related Essays
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Author : Harry Burrows Acton
language : en
Publisher:
Release Date : 1993
The Morals Of Markets And Related Essays written by Harry Burrows Acton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
The Morals of Markets offers a philosophically and historically informed defense of a market-based form of social organization. Acton discusses the profit motive, competition, monopoly, the supposed impersonality of the marketplace, the assumed chaos of markets, self-interest, egalitarianism, central planning, and distributive justice. For all their high moral tone, Acton concludes the criticisms leveled and the political platforms proffered against free markets are full of contradictions and unanalyzed assumptions. A particular strength of Acton's book is that he is himself something of a moral traditionalist.
The Morals Of Markets
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Author : Harry Burrows Acton
language : en
Publisher:
Release Date : 1971
The Morals Of Markets written by Harry Burrows Acton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Business ethics categories.
Virtue And Economy
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Author : Andrius Bielskis
language : en
Publisher: Routledge
Release Date : 2016-03-09
Virtue And Economy written by Andrius Bielskis and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-09 with Political Science categories.
Interest in Aristotelianism and in virtue ethics has been growing for half a century but as yet the strengths of the study of Aristotelian ethics in politics have not been matched in economics. This ground-breaking text fills that gap. Challenging the premises of neoclassical economic theory, the contributors take issue with neoclassicism’s foundational separation of values from facts, with its treatment of preferences as given, and with its consequent refusal to reason about final ends. The contrary presupposition of this collection is that ethical reasoning about human ends is essential for any sustainable economy, and that reasoning about economic goods should therefore be informed by reasoning about what is humanly and commonly good. Contributions critically engage with aspects of corporate capitalism, managerial power and neoliberal economic policy, and reflect on the recent financial crisis from the point of view of Aristotelian virtue ethics. Containing a new chapter by Alasdair MacIntyre, and deploying his arguments and conceptual scheme throughout, the book critically analyses the theoretical presuppositions and institutional reality of modern capitalism.
Essays On The Moral Limits Of Markets And Politics
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Author : Adam K. Pham
language : en
Publisher:
Release Date : 2020
Essays On The Moral Limits Of Markets And Politics written by Adam K. Pham and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
In this set of three essays, I examine several issues related to the moral limits of markets and politics. In the first two essays, I examine two traditional theoretical approaches to these problems, and I argue that neither sort of approach can, on its own, offer satisfying solutions. In the third essay, I offer a case study of the moral limits of markets: about the consumer scoring market. In Chapter 1 ("Injustice and the Economic Doctrine"), I examine moral problems from within what I call the "economic doctrine,'' a framework which lies broadly in the tradition of Milton Friedman, Murray Rothbard, and Robert Nozick. When used as a framework for evaluating simple cases about our duties and rights, the economic doctrine ([silcrow]1.1) tracks our judgments and behaviors. Yet, when we add complexity to these simple cases, the doctrine fails. The doctrine cannot offer a plausible metaphysics of injustice ([silcrow]1.2), it is predicated on economic knowledge that cannot be acquired ([silcrow]1.3), it is embodied by arbitrary, inefficient, and unjust law ([silcrow]1.4) and it cannot account for injustice that is essentially non-economic in nature ([silcrow]1.5). I conclude ([silcrow]1.6) that the economic doctrine is ill-equipped to cope with the complexity of injustice. In Chapter 2 ("Burden, Lawlessness, and the Political Doctrine"), I examine moral problems from the perspective of what I call the "political doctrine," which lies broadly in the tradition of John Rawls and Philip Pettit. The political doctrine ([silcrow]2.1) has two broad limitations. First, it embodies an inadequate conception of society ([silcrow]2.2). Once we consider the complexities of our global burdens, it becomes clear that many of the most serious problems that face us confront us as an individuals, or as families, or as groups, or as nations, or as a planet, not as a postwar society of states. These forms of political decay have little to do with the balance of sovereignty among nation-states, and we must find other ways to address them. As a case study of these issues, I discuss the 2010 cholera epidemic in Haiti, which resulted from disaster relief efforts by UN subcontractors. Second, the political doctrine embodies an inadequate conception of the individual ([silcrow]2.3). In the actual world, many of our deepest moral and social crises involve deep vulnerabilities of human agency. We should, on these grounds, abandon any kind of methodology that is premised on the idea that humans are rational and reasonable. As a case study of these issues, I discuss the ongoing civil war in South Sudan, which was catalyzed and perpetuated by forms of lawlessness that transcend our political boundaries. I conclude ([silcrow]2.4) that the limits of the political doctrine should lead us to be pessimistic about the possibility of purely political solutions to our most pressing moral problems. In Chapter 3 ("The Moral Limits of the Market: A Case Study"), I offer an ethical assessment of a particular economic market and I argue that the assessment has ethical implications on how the market should be regulated. To conduct the assessment, I employ two heuristics for evaluating markets. One is the "harm" criterion, which relates to whether the market produces serious harms, either for participants in the market, for third parties, or for society considered as a whole. The other is the "agency" criterion, which relates to whether participants understand the nature and significance of the exchanges they are making, if they can be guaranteed fair representation, or if there is differential need for the market's good. I argue that consumer scoring data should be subject to the same sort of regulation as the older FICO credit scores. Although the movement in the 1990s that was aimed at regulating the FICO scores was not aimed at restraining a market per se, I argue that the reforms were underwritten by concerns about the same sorts of problems as those outlined by our heuristics.
Markets Morals And Religion
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Author : Jonathan B. Imber
language : en
Publisher: Routledge
Release Date : 2017-10-06
Markets Morals And Religion written by Jonathan B. Imber and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-06 with categories.
The examination of the relationship of economic activity to other important aspects of human life and social behavior has inspired some of the most interesting and provocative social-scientific research in the past one hundred years. This book of original essays by leading thinkers across many disciplines offers new insights into enduring questions about how modern and modernizing market economies are both shaped by and shapers of morality, values, and religion. Part 1, "Markets and Morals," offers eight contributors who provide analyses of the various ways in which the market operates in relation to morality. An empirical presentation of moral values and market attitudes is given. Other essays take aim at how markets serve and disserve moral interests: Economic growth has moral consequences; the manipulation of markets exposes a moral underside; the nature of market failure has implications for understanding moral vulnerability; preference change has moral implications. In other chapters, a broad consideration of the positive moral effects of market economies is offered along with historical essays on the role that intellectuals have played in debates about the positive and negative effects of commercial life and on the ways in which the American idea of the pursuit of happiness reveals much about the morality of economic life. In Part 2, "Markets and Religion," nine contributors address both the historical and contemporary emergence of religious factors in the growth and transformation of global capitalism. Major religious traditions, including Judaism, Christianity, and Islam are examined for their contributions to answering questions about the nature and function of economic life in light of religious ideas and ideals. Several essays present original approaches to the importance of religious values to modern forms of consumption and to the political economy of reconciliation and forgiveness in nations coming to terms with past conflict. Finally, the influence of non-Western ideas, in particular Chinese religions and Buddhism on economic thought and practice, is assessed as part of the globalizing impact of religion on economic life generally.
Markets Morals Religion
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Author : Jonathan B. Imber
language : en
Publisher: Routledge
Release Date : 2008
Markets Morals Religion written by Jonathan B. Imber and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
This book of original essays by leading thinkers across many disciplines offers new insights into enduring questions about how modern and modernizing market economies are both shaped by and shapers of morality, values and religion.
Markets Morals And The Law
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Author : Jules L. Coleman
language : en
Publisher: CUP Archive
Release Date : 1988-07-29
Markets Morals And The Law written by Jules L. Coleman and has been published by CUP Archive this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-07-29 with Law categories.
A collection of essays by one of America's leading legal theorists.
Markets Morals And Religion
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Author : Jonathan B. Imber
language : en
Publisher: Routledge
Release Date : 2017-07-05
Markets Morals And Religion written by Jonathan B. Imber and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-05 with Business & Economics categories.
The examination of the relationship of economic activity to other important aspects of human life and social behavior has inspired some of the most interesting and provocative social-scientific research in the past one hundred years. This book of original essays by leading thinkers across many disciplines offers new insights into enduring questions about how modern and modernizing market economies are both shaped by and shapers of morality, values, and religion.Part 1, "Markets and Morals," offers eight contributors who provide analyses of the various ways in which the market operates in relation to morality. An empirical presentation of moral values and market attitudes is given. Other essays take aim at how markets serve and disserve moral interests: Economic growth has moral consequences; the manipulation of markets exposes a moral underside; the nature of market failure has implications for understanding moral vulnerability; preference change has moral implications. In other chapters, a broad consideration of the positive moral effects of market economies is offered along with historical essays on the role that intellectuals have played in debates about the positive and negative effects of commercial life and on the ways in which the American idea of the pursuit of happiness reveals much about the morality of economic life.In Part 2, "Markets and Religion," nine contributors address both the historical and contemporary emergence of religious factors in the growth and transformation of global capitalism. Major religious traditions, including Judaism, Christianity, and Islam are examined for their contributions to answering questions about the nature and function of economic life in light of religious ideas and ideals. Several essays present original approaches to the importance of religious values to modern forms of consumption and to the political economy of reconciliation and forgiveness in nations coming to terms with past conflict. Finally, t
Economy And Virtue
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Author : Dennis O'Keeffe
language : en
Publisher:
Release Date : 2004
Economy And Virtue written by Dennis O'Keeffe and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.
This volume, edited by Dennis O'Keeffe and with a foreword by David Willetts, explores the relationship between virtue, morality and alternative forms of economic organisation. It should be read by anybody who is interested in the relationship between morality and economic order. Despite the obvious success of the market economy in generating wealth, many commentators accept this success only grudgingly, and unthinkingly criticise the moral underpinnings of capitalist societies. "Economy and Virtue" takes such critics on and finds their criticisms wanting. It analyses how a free society both relies on and promotes values. Unless people can choose between good and evil in conditions of freedom, there is no morality in performing an action that helps another person. A market economy promotes cooperation and restrains selfishness because it relies on contracting by consenting parties, and because its legal system protects the property rights of the vulnerable, just as it does the property rights of the powerful. The authors argue that we cannot judge the market economy by observing the obvious process of 'getting and spending', because this process alone tells us nothing about the motives and character of those involved. There is much more to the market economy than material acquisition: the eminent authors in this volume discuss lucidly and convincingly the moral justifications of the market order.
The Morals Of The Market
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Author : Jessica Whyte
language : en
Publisher: Verso Books
Release Date : 2019-11-05
The Morals Of The Market written by Jessica Whyte and has been published by Verso Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-05 with Political Science categories.
The fatal embrace of human rights and neoliberalism Drawing on detailed archival research on the parallel histories of human rights and neoliberalism, Jessica Whyte uncovers the place of human rights in neoliberal attempts to develop a moral framework for a market society. In the wake of the Second World War, neoliberals saw demands for new rights to social welfare and self-determination as threats to “civilisation”. Yet, rather than rejecting rights, they developed a distinctive account of human rights as tools to depoliticise civil society, protect private investments and shape liberal subjects.