The Ethical Economy

The Ethical Economy

Author: Adam Arvidsson

Publisher: Columbia University Press

Published: 2013-09-03

Total Pages: 209

ISBN-13: 0231526431

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A more ethical economic system is now possible, one that rectifies the crisis spots of our current downturn while balancing the injustices of extreme poverty and wealth. Adam Arvidsson and Nicolai Peitersen, a scholar and an entrepreneur, outline the shape such an economy might take, identifying its origins in innovations already existent in our production, valuation, and distribution systems. Much like nineteenth-century entrepreneurs, philosophers, bankers, artisans, and social organizers who planned a course for modern capitalism that was more economically efficient and ethically desirable, we now have a chance to construct new instruments, institutions, and infrastructure to reverse the trajectory of a quickly deteriorating economic environment. Considering a multitude of emerging phenomena, Arvidsson and Peitersen show wealth creation can be the result of a new kind of social production, and the motivation of continuous capital accumulation can exist in tandem with a new desire to maximize our social impact. Arvidsson and Peitersen argue that financial markets could become a central arena in which diverse ethical concerns are integrated into tangible economic valuations. They suggest that such a common standard has already emerged and that this process is linked to the spread of social media, making it possible to capture the sentiment of value to most people. They ultimately recommend how to build upon these developments to initiate a radical democratization of economic systems and the value decisions they generate.


Principles of Ethical Economy

Principles of Ethical Economy

Author: P. Koslowski

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 298

ISBN-13: 9401009562

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John Maynard Keynes wrote to his grandchildren more than fifty years ago about their economic possibilities, and thus about our own: "I see us free, there fore, to return to some of the most sure and certain principles of religion and traditional virtue - that avarice is a vice, that the exaction of usury is a misde meanour. . . . We shall once more value ends above means and prefer the good to the useful" ("Economic Possibilities for Our Grandchildren," pp. 371-72). In the year 1930 Keynes regarded these prospects as realizable only after a time span ofone hundred years, ofwhich we have now achieved more than half. The pres ent book does not share Keynes's view that the possibility of an integration of ethics and economics is dependent exclusively on the state of economic devel opment, though this integration is certainly made easier by an advantageous total economic situation. The conditions of an economy that is becoming post of ethics, cultural industrial and post-modern are favorable for the unification theory, and economics. Economic development makes a new establishment of economic ethics and a theory ofethical economy necessary. Herdecke and Hanover, October 1987 P. K. TABLE OF CONTENTS Foreword v Introduction . 0. 1. Ethical Economy and Political Economy . . 0. 1. 1. Ethical Economy as Theory ofthe Ethical Presuppositions of the Economy and Economic Ethics 3 0. 1. 2.


Take Back the Economy

Take Back the Economy

Author: J. K. Gibson-Graham

Publisher: U of Minnesota Press

Published: 2013-05-01

Total Pages: 308

ISBN-13: 0816684456

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In the wake of economic crisis on a global scale, more and more people are reconsidering their role in the economy and wondering what they can do to make it work better for humanity and the planet. In this innovative book, J. K. Gibson-Graham, Jenny Cameron, and Stephen Healy contribute complex understandings of economics in practical terms: what can we do right now, in our own communities, to make a difference? Full of exercises, thinking tools, and inspiring examples from around the world, Take Back the Economy shows how people can implement small-scale changes in their own lives to create ethical economies. There is no manifesto here, no one prescribed model; rather, readers are encouraged and taught how to take back the economy in ways appropriate for their own communities and context, using what they already have at hand. Take Back the Economy dismantles the idea that the economy is separate from us and best comprehended by experts. Instead, the authors demonstrate that the economy is the outcome of the decisions and efforts we make every day. The economy is thus reframed as a space of ethical action—something we can shape and alter according to what is best for the well-being of people and the planet. The book explores what people are already doing to build ethical economies, presenting these deeds as mutual concerns: What is necessary for survival, and what do we do with the surplus produced beyond what will fulfill basic needs? What do we consume, and how do we preserve and replenish the commons—those resources that can be shared to maintain all? And finally, how can we invest in a future worth living in? Suitable for activists and students alike, Take Back the Economy will be of interest to anyone seeking a more just, sustainable, and equitable world.


The Moral Economy

The Moral Economy

Author: Samuel Bowles

Publisher: Yale University Press

Published: 2016-05-28

Total Pages: 283

ISBN-13: 0300221088

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Should the idea of economic man—the amoral and self-interested Homo economicus—determine how we expect people to respond to monetary rewards, punishments, and other incentives? Samuel Bowles answers with a resounding “no.” Policies that follow from this paradigm, he shows, may “crowd out” ethical and generous motives and thus backfire. But incentives per se are not really the culprit. Bowles shows that crowding out occurs when the message conveyed by fines and rewards is that self-interest is expected, that the employer thinks the workforce is lazy, or that the citizen cannot otherwise be trusted to contribute to the public good. Using historical and recent case studies as well as behavioral experiments, Bowles shows how well-designed incentives can crowd in the civic motives on which good governance depends.


Teaching the Ethical Foundations of Economics

Teaching the Ethical Foundations of Economics

Author: Jonathan B. Wight

Publisher: Council for Economic Educat

Published: 2007-03

Total Pages: 210

ISBN-13: 9781561836482

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Contains 10 lessons that reintroduce an ethical dimension to economics. Students will learn about the important role ethics and character play in a market economy and how, in turn, markets influence ethical behavior.


Order Ethics: An Ethical Framework for the Social Market Economy

Order Ethics: An Ethical Framework for the Social Market Economy

Author: Christoph Luetge

Publisher: Springer

Published: 2016-07-26

Total Pages: 367

ISBN-13: 3319331515

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This book examines the theoretical foundations of order ethics and discusses business ethics problems from an order ethics perspective. Order ethics focuses on the social order and the institutional environment in which individuals interact. It is a well-established paradigm in European business ethics. The book contains articles written by leading experts in the field and provides both a concise introduction to order ethics and short summary articles homing in on specific aspects of the order-ethical paradigm. It presents contributions describing fundamental concepts, historical roots, and the economic, social, and philosophical background of the theory. The second part of the handbook focuses on the theory's application in business, society, and politics, casting new light on an array of topics that loom large in contemporary ethical discourse.​


The Theory of Ethical Economy in the Historical School

The Theory of Ethical Economy in the Historical School

Author: Peter Koslowski

Publisher: Springer Science & Business Media

Published: 1997-09-01

Total Pages: 364

ISBN-13: 9783540590705

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The present volume seeks to inaugurate a new discussion of two schools of historical thought by social scientists, economists, and phi­ losophers in the English language. The tradition of the "Historical and Ethical School of Economics" established by Friedrich List, Wilhelm Roscher, and Gustav Schmollerand the tradition of historism in the hu­ manities represented by Wilhelm Dilthey are examined not so much for their own historical interest as for their potential systematic contribu­ tion to the contemporary debates on business ethics, economics, sociol­ ogy, and philosophy. The book contains the proceedings of the 1994 SEEP-Conference on Economics and Ethics held under the title "Economics and Ethics in the Historical School of Economics. Achievements and Present Relevance. Part A: The Older Historical School, Schmoller, Dilthey, and Others" with the financial support of the Fritz Thyssen Stiftung, Cologne, at Kloster Marlenrode near Hitdesheim and Hannover, Gennany, on March 23rd to 27th, 1994. The SEEP-Conferences on Economics and Ethics are organised an­ nually by the editor and the editorial board of Studies in Economic Ethics and Philosophy (SEEP). The 1994 SEEP-Conference was the frrst of two conferences on the Historical School and will be followed by a conference in 1996 on the topic "Economics and Ethics in the His­ torical School of Economics. Achievements and Present Relevance. Part B: Heinrich Rickert, Max Weber, Werner Sombart, and Others", concen­ trating on the discussion in the 20th century.


Free Markets and the Culture of Common Good

Free Markets and the Culture of Common Good

Author: Martin Schlag

Publisher: Springer Science & Business Media

Published: 2012-04-23

Total Pages: 260

ISBN-13: 9400729901

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Recent economic development and the financial and economic crisis require a change in our approach to business and finance. This book combines theology, economy and philosophy in order to examine in detail the idea that the functioning of a free market economy depends upon sound cultural and ethical foundations. The free market is a cultural achievement, not only an economic phenomenon subject to technical rules of trade and exchange. It is an achievement which lives by and depends upon the values and virtues shared by the majority of those who engage in economic activity. It is these values and virtues that we refer to as culture. Trust, credibility, loyalty, diligence, and entrepreneurship are the values inherent in commercial rules and law. But beyond law, there is also the need for ethical convictions and for global solidarity with developing countries. This book offers new ideas for future sustainable development and responds to an increasing need for a new sense of responsibility for the common good in societal institutions and good leadership.


Ethical Prospects

Ethical Prospects

Author: Laszlo Zsolnai

Publisher: Springer Science & Business Media

Published: 2009-02-18

Total Pages: 323

ISBN-13: 1402098219

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Ethical Prospects: Economy, Society, and Environment aims to present and summarize new perspectives and leading-edge results in ethics reflecting on interconnected economic, social and environmental issues. The yearbook reports on innovative practices and policy reforms and provides a forum for discussion about groundbreaking theories. The main function of the yearbook is to present ideas and initiatives that lead toward responsible business practices, policies for the common good and ecological sustainability. It seeks to form a value-community of scholars, practitioners and policymakers engaged in genuine ethics in business, environmental management, and public policy.


Ethical Consumption

Ethical Consumption

Author: James G. Carrier

Publisher: Berghahn Books

Published: 2012-03-01

Total Pages: 246

ISBN-13: 0857453432

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Increasingly, consumers in North America and Europe see their purchasing as a way to express to the commercial world their concerns about trade justice, the environment and similar issues. This ethical consumption has attracted growing attention in the press and among academics. Extending beyond the growing body of scholarly work on the topic in several ways, this volume focuses primarily on consumers rather than producers and commodity chains. It presents cases from a variety of European countries and is concerned with a wide range of objects and types of ethical consumption, not simply the usual tropical foodstuffs, trade justice and the system of fair trade. Contributors situate ethical consumption within different contexts, from common Western assumptions about economy and society, to the operation of ethical-consumption commerce, to the ways that people’s ethical consumption can affect and be affected by their social situation. By locating consumers and their practices in the social and economic contexts in which they exist and that their ethical consumption affects, this volume presents a compelling interrogation of the rhetoric and assumptions of ethical consumption.