The Virtues Of Capitalism

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The Virtues of Capitalism

Author : Scott Rae
Publisher : Moody Publishers
ISBN 13 : 9781575675657
Total Pages : 160 pages
Book Rating : 4.6/5 (756 download)

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Book Synopsis The Virtues of Capitalism by : Scott Rae

Download or read book The Virtues of Capitalism written by Scott Rae and published by Moody Publishers. This book was released on 2010-05-01 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the recent economic downturn, some observers leveled harsh criticism against free-market economies. In the spring of 2009, for instance, an article in the The London Telegraph insisted that the industrialized West must re-articulate its moral case for market capitalism. Additionally, numerous commentators proclaimed the days of unfettered markets to be over. In this timely and balanced book, Austin Hill and Scott Rae agree with capitalism's critics that the economy is essentially a moral issue, but they argue that free markets are by-and-large the solution to financial disasters rather than the cause. Though they recognize that there are legitimate criticisms of the market system -- and real limits to what it can and should accomplish -- the authors further conclude that capitalism both depends upon and sustains classic Judeo-Christian virtues better than any of its rival systems. Thoughtful and engaging, this book pushes against the tide of current public opinion and some of the administration's proposed economic policies with a principled defense of capitalism.

The Virtues of Capitalism

Author : Arthur Seldon
Publisher : Collected Works of Arthur Seld
ISBN 13 :
Total Pages : 518 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Virtues of Capitalism by : Arthur Seldon

Download or read book The Virtues of Capitalism written by Arthur Seldon and published by Collected Works of Arthur Seld. This book was released on 2004 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Virtues of Capitalism lays the foundation of his views and theories of capitalism and its alternatives. The first part, Corrigible Capitalism; Incorrigible Socialism, was first published in 1980. It explains why, Seldon believes, "private enterprise is imperfect but redeemable," but the "state economy promises the earth, and ends in coercion to conceal its incurable failure." The second part, Capitalism, is widely considered to be Seldon's finest work. Originally published in 1990 by Basil Blackwell of Oxford, it is the winner of the 1991 Antony Fisher Award from the Atlas Economic Research Foundation. This book covers a wide range of the classical liberal thought that inspired the movement toward free-market reforms in Great Britain and intellectually opposed the collectivist tide of socialism. In an understandable and eloquent manner, Seldon offers Capitalism as a celebration rather than a defense of classical liberalism. Through his analytical commentaries, Seldon chronicles the economic and social history of the western world throughout the 20th century, noting the intoxicating yet detrimental effects of collectivism. Along the way, he builds a powerfully compelling case why government should economically confine itself to the delivery of essential public goods. Throughout the book, he proposes free-market alternatives to socialist models of government, many of which still plague the economies of the world. Arthur Seldon has been writing on classical liberal economics since the 1930s, when he was a student at the London School of Economics during Friedrich Hayek's time there. For over thirty years, from the late 1950s, he was Editorial Director of the London-based Institute of Economic Affairs, where his publishing program was one of the principal influences on governments all around the world, persuading them to liberalize their economies. His Collected Works in these seven volumes are a major contribution to classical liberal thought. Colin Robinson was a business economist for eleven years. He was then appointed to the Chair of Economics at the University of Surrey, Guildford, United Kingdom, where he founded the Department of Economics and is now Emeritus Professor. He is the author of 23 books and over 150 scholarly articles and has edited many other books. For many years he has been associated with the Institute of Economic Affairs and from 1992 to 2002 he was the IEA's Editorial Director.

The Bourgeois Virtues

Author : Deirdre Nansen McCloskey
Publisher : University of Chicago Press
ISBN 13 : 0226556670
Total Pages : 637 pages
Book Rating : 4.2/5 (265 download)

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Book Synopsis The Bourgeois Virtues by : Deirdre Nansen McCloskey

Download or read book The Bourgeois Virtues written by Deirdre Nansen McCloskey and published by University of Chicago Press. This book was released on 2010-03-15 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a century and a half, the artists and intellectuals of Europe have scorned the bourgeoisie. And for a millennium and a half, the philosophers and theologians of Europe have scorned the marketplace. The bourgeois life, capitalism, Mencken’s “booboisie” and David Brooks’s “bobos”—all have been, and still are, framed as being responsible for everything from financial to moral poverty, world wars, and spiritual desuetude. Countering these centuries of assumptions and unexamined thinking is Deirdre McCloskey’s The Bourgeois Virtues, a magnum opus that offers a radical view: capitalism is good for us. McCloskey’s sweeping, charming, and even humorous survey of ethical thought and economic realities—from Plato to Barbara Ehrenreich—overturns every assumption we have about being bourgeois. Can you be virtuous and bourgeois? Do markets improve ethics? Has capitalism made us better as well as richer? Yes, yes, and yes, argues McCloskey, who takes on centuries of capitalism’s critics with her erudition and sheer scope of knowledge. Applying a new tradition of “virtue ethics” to our lives in modern economies, she affirms American capitalism without ignoring its faults and celebrates the bourgeois lives we actually live, without supposing that they must be lives without ethical foundations. High Noon, Kant, Bill Murray, the modern novel, van Gogh, and of course economics and the economy all come into play in a book that can only be described as a monumental project and a life’s work. The Bourgeois Virtues is nothing less than a dazzling reinterpretation of Western intellectual history, a dead-serious reply to the critics of capitalism—and a surprising page-turner.

The Challenges of Capitalism for Virtue Ethics and the Common Good

Author : Kleio Akrivou
Publisher : Edward Elgar Publishing
ISBN 13 : 1784717916
Total Pages : 328 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis The Challenges of Capitalism for Virtue Ethics and the Common Good by : Kleio Akrivou

Download or read book The Challenges of Capitalism for Virtue Ethics and the Common Good written by Kleio Akrivou and published by Edward Elgar Publishing. This book was released on 2016-08-26 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evolution of modern capitalist society is increasingly being marked by an undeniable and consistent tension between pure economic and ethical ways of valuing and acting. This book is a collaborative and cross-disciplinary contribution that challenges the assumptions of capitalist business and society. It ultimately reflects on how to restore benevolence, collaboration, wisdom and various forms of virtuous deliberation amongst all those who take part in the common good, drawing inspiration from European history and continental philosophical traditions on virtue.

Virtue and Economy

Author : Andrius Bielskis
Publisher : Routledge
ISBN 13 : 1317001516
Total Pages : 264 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Virtue and Economy by : Andrius Bielskis

Download or read book Virtue and Economy written by Andrius Bielskis and published by Routledge. This book was released on 2016-03-09 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Rhetorical Style and Bourgeois Virtue

Author : Mark Garrett Longaker
Publisher : Penn State Press
ISBN 13 : 0271074779
Total Pages : 175 pages
Book Rating : 4.2/5 (71 download)

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Book Synopsis Rhetorical Style and Bourgeois Virtue by : Mark Garrett Longaker

Download or read book Rhetorical Style and Bourgeois Virtue written by Mark Garrett Longaker and published by Penn State Press. This book was released on 2015-09-29 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the British Enlightenment, the correlation between effective communication and moral excellence was undisputed—so much so that rhetoric was taught as a means of instilling desirable values in students. In Rhetorical Style and Bourgeois Virtue, Mark Garrett Longaker explores the connections between rhetoric and ethics in the context of the history of capitalism. Longaker’s study lingers on four British intellectuals from the late seventeenth to the mid-nineteenth century: philosopher John Locke, political economist Adam Smith, rhetorical theorist Hugh Blair, and sociologist Herbert Spencer. Across one hundred and fifty years, these influential men sought to mold British students into good bourgeois citizens by teaching them the discursive habits of clarity, sincerity, moderation, and economy, all with one incontrovertible truth in mind: the free market requires virtuous participants in order to thrive. Through these four case studies—written as biographically focused yet socially attentive intellectual histories—Longaker portrays the British rhetorical tradition as beholden to the dual masters of ethics and economics, and he sheds new light on the deliberate intellectual engineering implicit in Enlightenment pedagogy.

The Collected Works of Arthur Seldon

Author : Arthur Seldon
Publisher : Collected Works of Arthur Seld
ISBN 13 : 9780865975491
Total Pages : 0 pages
Book Rating : 4.9/5 (754 download)

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Book Synopsis The Collected Works of Arthur Seldon by : Arthur Seldon

Download or read book The Collected Works of Arthur Seldon written by Arthur Seldon and published by Collected Works of Arthur Seld. This book was released on 2005-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: These volumes span 65 years of Seldon's influential thought and elaborate on the genesis of almost all the public/private debates currently before the world. His arguments are as compelling and relevant today as they were over half a century ago. Each volume of this series has a contextual introduction and, except for Volume 3, an individual index. Volume 7 contains an index to the entire series. Volume 3 co-written with Fred G Pennance is an essential tool for anyone who wants a better understanding of political economics.

Economics and the Virtues

Author : Jennifer A. Baker
Publisher : Oxford University Press
ISBN 13 : 0191005096
Total Pages : 272 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Economics and the Virtues by : Jennifer A. Baker

Download or read book Economics and the Virtues written by Jennifer A. Baker and published by Oxford University Press. This book was released on 2016-01-07 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: While ethics has been an integral part of economics since the days of Adam Smith (if not Aristotle), many modern economists dismiss ethical concerns in favor of increasing formal mathematical and computational methods. But recent financial crises in the real world have reignited discussions of the importance of ethics to economics, including growing calls for a new approach to incorporating moral philosophy in economic theory, practice, and policy. Ironically, it is the ethics of virtue advocated by Aristotle and Adam Smith that may lead to the most promising way to developing an economics that emphasizes the virtues, character, and judgment of the agents it models. In Economics and the Virtues, editors Jennifer A. Baker and Mark D. White have brought together fifteen leading scholars in economics and philosophy to offer fresh perspectives on integrating virtue into economics. The first section covers five major thinkers and schools in the virtue tradition, tracing historical connections and suggesting new areas of cooperation. The second section applies the ethics of virtue to modern economic theory, delving into its current practices and methodology to suggest areas for integration with moral philosophy. Finally, the third section addresses specific topics such as markets, profits, and justice in the context of virtue and vice, offering valuable applications of virtue to economics. With insights that are novel as well as rooted in time-tested ethical thought, Economics and the Virtues will be of interest to economists, philosophers, and other scholars in the social sciences and humanities, as well as professionals and policymakers in the fields of economics and finance, and makes an invaluable contribution to the ongoing discussion over the role of ethics in economics.

Capitalism, Alone

Author : Branko Milanovic
Publisher : Harvard University Press
ISBN 13 : 0674987594
Total Pages : 305 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Capitalism, Alone by : Branko Milanovic

Download or read book Capitalism, Alone written by Branko Milanovic and published by Harvard University Press. This book was released on 2019-09-24 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the first time in history, the globe is dominated by one economic system. Capitalism prevails because it delivers prosperity and meets desires for autonomy. But it also is unstable and morally defective. Surveying the varieties and futures of capitalism, Branko Milanovic offers creative solutions to improve a system that isn’t going anywhere.

Virtue Hoarders

Author : Catherine Liu
Publisher : U of Minnesota Press
ISBN 13 : 1452966044
Total Pages : 83 pages
Book Rating : 4.4/5 (529 download)

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Book Synopsis Virtue Hoarders by : Catherine Liu

Download or read book Virtue Hoarders written by Catherine Liu and published by U of Minnesota Press. This book was released on 2021-01-26 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: A denunciation of the credentialed elite class that serves capitalism while insisting on its own progressive heroism Professional Managerial Class (PMC) elite workers labor in a world of performative identity and virtue signaling, publicizing an ability to do ordinary things in fundamentally superior ways. Author Catherine Liu shows how the PMC stands in the way of social justice and economic redistribution by promoting meritocracy, philanthropy, and other self-serving operations to abet an individualist path to a better world. Virtue Hoarders is an unapologetically polemical call to reject making a virtue out of taste and consumption habits. Forerunners: Ideas First is a thought-in-process series of breakthrough digital publications. Written between fresh ideas and finished books, Forerunners draws on scholarly work initiated in notable blogs, social media, conference plenaries, journal articles, and the synergy of academic exchange. This is gray literature publishing: where intense thinking, change, and speculation take place in scholarship.

The Oxford Handbook of Capitalism

Author : Dennis C. Mueller
Publisher : OUP USA
ISBN 13 : 0195391179
Total Pages : 574 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis The Oxford Handbook of Capitalism by : Dennis C. Mueller

Download or read book The Oxford Handbook of Capitalism written by Dennis C. Mueller and published by OUP USA. This book was released on 2012-04-19 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis that began in 2008 and its lingering aftermath have caused many intellectuals and politicians to question the virtues of capitalist systems. The 19 original essays in this handbook, written by leading scholars from Asia, North America, and Europe, analyze both the strengths and weaknesses of capitalist systems. The volume opens with essays on the historical and legal origins of capitalism. These are followed by chapters describing the nature, institutions, and advantages of capitalism: entrepreneurship, innovation, property rights, contracts, capital markets, and the modern corporation. The next set of chapters discusses the problems that can arise in capitalist systems including monopoly, principal agent problems, financial bubbles, excessive managerial compensation, and empire building through wealth-destroying mergers. Two subsequent essays examine in detail the properties of the "Asian model" of capitalism as exemplified by Japan and South Korea, and capitalist systems where ownership and control are largely separated as in the United States and United Kingdom. The handbook concludes with an essay on capitalism in the 21st century by Nobel Prize winner Edmund Phelps.

The Moral Case for Profit Maximization

Author : Robert White
Publisher : Rowman & Littlefield
ISBN 13 : 1498542646
Total Pages : 241 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis The Moral Case for Profit Maximization by : Robert White

Download or read book The Moral Case for Profit Maximization written by Robert White and published by Rowman & Littlefield. This book was released on 2020-04-01 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Moral Case for Profit Maximization argues that profit maximization is moral when businessmen seek to maximize profit by creating goods or services that are of objective value. Traditionally, profit maximization has been defended on economic grounds. Profit, economists argue, incentivizes businessmen to produce goods and services. In this view, businessmen do not need to be virtuous as long as they deliver the goods. It challenges the traditional defense of profit maximization, arguing that profit maximization is morally ambitious because it requires businessmen to form normative abstractions and to cultivate a virtuous character. In so doing, the author also challenges the moral basis of corporate social responsibility. Proponents of CSR argue that businessmen can do good while doing well. This book argues that businessmen already do good by maximizing profit, drawing upon the histories of the wheel, the refrigerator, and the shipping container, as well as the biographies of J. P. Morgan, John D. Rockefeller, and Thomas Edison to demonstrate the role of values in the creation of material goods and the role of the virtues in value creation. The author challenges readers to rethink the relationship between profit, value, and virtue.

Everything for Sale

Author : Robert Kuttner
Publisher : University of Chicago Press
ISBN 13 : 9780226465555
Total Pages : 436 pages
Book Rating : 4.4/5 (655 download)

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Book Synopsis Everything for Sale by : Robert Kuttner

Download or read book Everything for Sale written by Robert Kuttner and published by University of Chicago Press. This book was released on 1999-05-15 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this highly acclaimed, provocative book, Robert Kuttner disputes the laissez-faire direction of both economic theory and practice that has been gaining in prominence since the mid-1970s. Dissenting voices, Kuttner argues, have been drowned out by a stream of circular arguments and complex mathematical models that ignore real-world conditions and disregard values that can't easily be turned into commodities. With its brilliant explanation of how some sectors of the economy require a blend of market, regulation, and social outlay, and a new preface addressing the current global economic crisis, Kuttner's study will play an important role in policy-making for the twenty-first century. "The best survey of the limits of free markets that we have. . . . A much needed plea for pragmatism: Take from free markets what is good and do not hesitate to recognize what is bad."—Jeff Madrick, Los Angeles Times "It ought to be compulsory reading for all politicians—fortunately for them and us, it is an elegant read."—The Economist "Demonstrating an impressive mastery of a vast range of material, Mr. Kuttner lays out the case for the market's insufficiency in field after field: employment, medicine, banking, securities, telecommunications, electric power."—Nicholas Lemann, New York Times Book Review "A powerful empirical broadside. One by one, he lays on cases where governments have outdone markets, or at least performed well."—Michael Hirsh, Newsweek "To understand the economic policy debates that will take place in the next few years, you can't do better than to read this book."—Suzanne Garment, Washington Post Book World

Capitalism Unbound

Author : Andrew Bernstein
Publisher : University Press of America
ISBN 13 : 0761849696
Total Pages : 146 pages
Book Rating : 4.7/5 (618 download)

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Book Synopsis Capitalism Unbound by : Andrew Bernstein

Download or read book Capitalism Unbound written by Andrew Bernstein and published by University Press of America. This book was released on 2010 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Foretelling the End of Capitalism

Author : Francesco Boldizzoni
Publisher :
ISBN 13 : 0674919327
Total Pages : 337 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Foretelling the End of Capitalism by : Francesco Boldizzoni

Download or read book Foretelling the End of Capitalism written by Francesco Boldizzoni and published by . This book was released on 2020 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Prophecies about the end of capitalism are as old as capitalism. None of them, so far, has come true. Yet we keep looking into the crystal ball in search of harbingers of doom. Francesco Boldizzoni gets to the root of the very human need to imagine a better world and uncovers the mechanisms by which the same forecasting mistakes are made over and over again. He offers a compelling solution to the puzzle of what is capitalism and why it seems able to survive all sorts of shocks. The global crisis that developed countries faced at the beginning of the twenty-first century has undermined faith in the capitalist market economy bringing once again to the forefront questions about its long-term prospects. Is capitalism on its way out? If not, what should be expected from future crises? Will society be able and willing to bear the social and environmental costs of creative destruction and relentless financialization? These and other questions have lain at the heart of political economy since the age of Karl Marx. Foretelling the End of Capitalism takes us on a journey through two centuries of unfulfilled prophecies to challenge the belief in an immutable destiny"--

Adam Smith and the Character of Virtue

Author : Ryan Patrick Hanley
Publisher : Cambridge University Press
ISBN 13 : 1139477390
Total Pages : 225 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Adam Smith and the Character of Virtue by : Ryan Patrick Hanley

Download or read book Adam Smith and the Character of Virtue written by Ryan Patrick Hanley and published by Cambridge University Press. This book was released on 2009-06-22 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent years have witnessed a renewed debate over the costs at which the benefits of free markets have been bought. This book revisits the moral and political philosophy of Adam Smith, capitalism's founding father, to recover his understanding of the morals of the market age. In so doing it illuminates a crucial albeit overlooked side of Smith's project: his diagnosis of the ethical ills of commercial societies and the remedy he advanced to cure them. Focusing on Smith's analysis of the psychological and social ills endemic to commercial society - anxiety and restlessness, inauthenticity and mediocrity, alienation and individualism - it argues that Smith sought to combat corruption by cultivating the virtues of prudence, magnanimity and beneficence. The result constitutes a new morality for modernity, at once a synthesis of commercial, classical and Christian virtues and a normative response to one of the most pressing political problems of Smith's day and ours.

Redeeming Capitalism

Author : Kenneth J. Barnes
Publisher : Wm. B. Eerdmans Publishing
ISBN 13 : 1467450391
Total Pages : 328 pages
Book Rating : 4.4/5 (674 download)

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Book Synopsis Redeeming Capitalism by : Kenneth J. Barnes

Download or read book Redeeming Capitalism written by Kenneth J. Barnes and published by Wm. B. Eerdmans Publishing. This book was released on 2018-05-09 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: On reclaiming the moral roots of capitalism for a virtuous future For good or ill, the capitalism we have is the capitalism we have chosen, says Kenneth Barnes. Capitalism works, and the challenge before us is not to change its structure but to address the moral vacuum at the core of its current practice. In Redeeming Capitalism Barnes explores the history and workings of this sometimes-brutal economic system. He investigates the effects of postmodernism and unpacks biblical-theological teachings on work and wealth. Proposing virtuous choices as a way out of such pitfalls as the recent global financial crisis, Barnes envisions a more just and flourishing capitalism for the good of all.