Virtues Morals And Markets

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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.

Markets without Limits

Author : Jason F. Brennan
Publisher : Routledge
ISBN 13 : 1317815629
Total Pages : 324 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis Markets without Limits by : Jason F. Brennan

Download or read book Markets without Limits written by Jason F. Brennan and published by Routledge. This book was released on 2015-08-20 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: May you sell your vote? May you sell your kidney? May gay men pay surrogates to bear them children? May spouses pay each other to watch the kids, do the dishes, or have sex? Should we allow the rich to genetically engineer gifted, beautiful children? Should we allow betting markets on terrorist attacks and natural disasters? Most people shudder at the thought. To put some goods and services for sale offends human dignity. If everything is commodified, then nothing is sacred. The market corrodes our character. Or so most people say. In Markets without Limits, Jason Brennan and Peter Jaworski give markets a fair hearing. The market does not introduce wrongness where there was not any previously. Thus, the authors claim, the question of what rightfully may be bought and sold has a simple answer: if you may do it for free, you may do it for money. Contrary to the conservative consensus, they claim there are no inherent limits to what can be bought and sold, but only restrictions on how we buy and sell.

Moral Markets

Author : Paul J. Zak
Publisher : Princeton University Press
ISBN 13 : 1400837367
Total Pages : 387 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Moral Markets by : Paul J. Zak

Download or read book Moral Markets written by Paul J. Zak and published by Princeton University Press. This book was released on 2010-12-16 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like nature itself, modern economic life is driven by relentless competition and unbridled selfishness. Or is it? Drawing on converging evidence from neuroscience, social science, biology, law, and philosophy, Moral Markets makes the case that modern market exchange works only because most people, most of the time, act virtuously. Competition and greed are certainly part of economics, but Moral Markets shows how the rules of market exchange have evolved to promote moral behavior and how exchange itself may make us more virtuous. Examining the biological basis of economic morality, tracing the connections between morality and markets, and exploring the profound implications of both, Moral Markets provides a surprising and fundamentally new view of economics--one that also reconnects the field to Adam Smith's position that morality has a biological basis. Moral Markets, the result of an extensive collaboration between leading social and natural scientists, includes contributions by neuroeconomist Paul Zak; economists Robert H. Frank, Herbert Gintis, Vernon Smith (winner of the 2002 Nobel Prize in economics), and Bart Wilson; law professors Oliver Goodenough, Erin O'Hara, and Lynn Stout; philosophers William Casebeer and Robert Solomon; primatologists Sarah Brosnan and Frans de Waal; biologists Carl Bergstrom, Ben Kerr, and Peter Richerson; anthropologists Robert Boyd and Michael Lachmann; political scientists Elinor Ostrom and David Schwab; management professor Rakesh Khurana; computational science and informatics doctoral candidate Erik Kimbrough; and business writer Charles Handy.

What Money Can't Buy

Author : Michael J. Sandel
Publisher : Farrar, Straus and Giroux
ISBN 13 : 1429942584
Total Pages : 256 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis What Money Can't Buy by : Michael J. Sandel

Download or read book What Money Can't Buy written by Michael J. Sandel and published by Farrar, Straus and Giroux. This book was released on 2012-04-24 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should we pay children to read books or to get good grades? Should we allow corporations to pay for the right to pollute the atmosphere? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars? Auctioning admission to elite universities? Selling citizenship to immigrants willing to pay? In What Money Can't Buy, Michael J. Sandel takes on one of the biggest ethical questions of our time: Is there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets? In recent decades, market values have crowded out nonmarket norms in almost every aspect of life—medicine, education, government, law, art, sports, even family life and personal relations. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society. Is this where we want to be?In his New York Times bestseller Justice, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes an essential discussion that we, in our market-driven age, need to have: What is the proper role of markets in a democratic society—and how can we protect the moral and civic goods that markets don't honor and that money can't buy?

Do Markets Corrupt Our Morals?

Author : Virgil Henry Storr
Publisher : Springer Nature
ISBN 13 : 3030184161
Total Pages : 281 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Do Markets Corrupt Our Morals? by : Virgil Henry Storr

Download or read book Do Markets Corrupt Our Morals? written by Virgil Henry Storr and published by Springer Nature. This book was released on 2019-08-21 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most damning criticism of markets is that they are morally corrupting. As we increasingly engage in market activity, the more likely we are to become selfish, corrupt, rapacious and debased. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies. This book explores whether or not engaging in market activities is morally corrupting. Storr and Choi demonstrate that people in market societies are wealthier, healthier, happier and better connected than those in societies where markets are more restricted. More provocatively, they explain that successful markets require and produce virtuous participants. Markets serve as moral spaces that both rely on and reward their participants for being virtuous. Rather than harming individuals morally, the market is an arena where individuals are encouraged to be their best moral selves. Do Markets Corrupt Our Morals? invites us to reassess the claim that markets corrupt our morals.

Virtue and Economy

Author : Andrius Bielskis
Publisher : Routledge
ISBN 13 : 1317001508
Total Pages : 254 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 254 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.

Virtues, Morals and Markets

Author : Rojhat Avsar
Publisher :
ISBN 13 : 9781003303091
Total Pages : 0 pages
Book Rating : 4.3/5 (3 download)

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Book Synopsis Virtues, Morals and Markets by : Rojhat Avsar

Download or read book Virtues, Morals and Markets written by Rojhat Avsar and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Being oblivious to the motivational nuances behind human behavior could lead one to overlook the distinction that a good action does not always indicate a good character. Conversely, this book argues that such nuances are paramount. Focusing on character over consequences is vital because motivational differences have fundamental implications for the welfare of the individual and society. Drawing on Aristotelian virtue ethics, the book argues that the utilitarian economic rhetoric, the rise of identity politics, and the growing commodification have allowed an illusion that moral and economic lives can be detached to take root in our culture. The book provides a robust philosophical argument articulating the inadequacy of the modern conception of morality (as a set of universal rules) that underlies economics and many modern-day institutions and aims to create a greater awareness of the connection between virtuous character and leading fulfilled lives. Integrating contemporary empirical findings with theoretical/philosophical insights, the book develops a coherent and convincing framework that could help transform the welfare ideology that underlies economic policies and modern institutions. This book is essential for anyone interested in questions of ethics in economics and related fields, including welfare economics, microeconomics, political economy, institutional economics, evolutionary economics, social economics, and behavioral economics"--

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.

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

The Morals of the Market

Author : Jessica Whyte
Publisher : Verso Books
ISBN 13 : 1786633116
Total Pages : 289 pages
Book Rating : 4.7/5 (866 download)

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Book Synopsis The Morals of the Market by : Jessica Whyte

Download or read book The Morals of the Market written by Jessica Whyte and published by Verso Books. This book was released on 2019-11-05 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Markets Without Limits

Author : JASON. BRENNAN
Publisher : Routledge
ISBN 13 : 9780367758875
Total Pages : 240 pages
Book Rating : 4.7/5 (588 download)

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Book Synopsis Markets Without Limits by : JASON. BRENNAN

Download or read book Markets Without Limits written by JASON. BRENNAN and published by Routledge. This book was released on 2022-06-24 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this expanded second edition, Brennan and Jaworski argue that markets are not given a fair hearing. Their core argument is that the market does not introduce wrongness where there was not any previously. Thus, if you may do it for free, you may do it for money.

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.

Morality, Competition, and the Firm

Author : Joseph Heath
Publisher : Oxford University Press
ISBN 13 : 0199990492
Total Pages : 336 pages
Book Rating : 4.1/5 (999 download)

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Book Synopsis Morality, Competition, and the Firm by : Joseph Heath

Download or read book Morality, Competition, and the Firm written by Joseph Heath and published by Oxford University Press. This book was released on 2014-08-01 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm.

Business Ethics

Author : Alejo José G. Sison
Publisher : Routledge
ISBN 13 : 1315277832
Total Pages : 208 pages
Book Rating : 4.3/5 (152 download)

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Book Synopsis Business Ethics by : Alejo José G. Sison

Download or read book Business Ethics written by Alejo José G. Sison and published by Routledge. This book was released on 2018-03-09 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can business activities and decisions be virtuous? This is the first business ethics textbook to take a virtue ethics approach. It explains how virtue ethics compares with alternative approaches to business ethics, such as utilitarianism and deontology, and argues that virtue ethics best serves the common good of society. Looking across the whole spectrum of business—including finance, governance, leadership, marketing and production—each chapter presents the theory of virtue ethics and supports students’ learning with chapter objectives, in-depth interviews with professionals and real-life case studies from a wide range of countries. Business Ethics: A Virtue Ethics and Common Good Approach is a valuable text for advanced undergraduates and masters-level students on business ethics courses.

Ethics and Economics

Author : Johan Graafland
Publisher : Routledge
ISBN 13 : 1000416615
Total Pages : 287 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Ethics and Economics by : Johan Graafland

Download or read book Ethics and Economics written by Johan Graafland and published by Routledge. This book was released on 2021-09-30 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook applies economic ethics to evaluate the free market system and enables students to examine the impact of free markets using the three main ethical approaches: utilitarianism, principle-based ethics and virtue ethics. Ethics and Economics systematically links empirical research to these ethical questions, with a focus on the core topics of happiness, inequality and virtues. Each chapter offers a recommended further reading list. The final chapter provides a practical method for applying the different ethical approaches to morally evaluate an economic policy proposal and an example of the methodology being applied to a real-life policy. This book will give students a clear theoretical and methodological toolkit for analyzing the ethics of market policies, making it a valuable resource for courses on economic ethics and economic philosophy.

The Moral Economy

Author : Samuel Bowles
Publisher : Yale University Press
ISBN 13 : 0300221088
Total Pages : 200 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis The Moral Economy by : Samuel Bowles

Download or read book The Moral Economy written by Samuel Bowles and published by Yale University Press. This book was released on 2016-05-28 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Market for Virtue

Author : David Vogel
Publisher : Brookings Institution Press
ISBN 13 : 0815790783
Total Pages : 246 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Market for Virtue by : David Vogel

Download or read book The Market for Virtue written by David Vogel and published by Brookings Institution Press. This book was released on 2007-05-01 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the highly praised The Market for Virtue, David Vogel presents a clear, balanced analysis of the contemporary corporate social responsibility (CSR) movement in the United States and Europe. In this updated paperback edition, Vogel discusses recent CSR initiatives and responds to new developments in the CSR debate. He asserts that while the movement has achieved success in improving some labor, human rights, and environmental practices in developing countries, there are limits to improving corporate conduct without more extensive and effective government regulation. Put simply, Vogel believes that there is a market for virtue, but it is limited by the substantial costs of socially responsible business behavior. Praise for the cloth edition: "The definitive guide to what corporate social responsibility can and cannot accomplish in a modern capitalist economy."—Robert B. Reich, Brandeis University, and former U.S. Secretary of Labor "Vogel raises a number of excellent points on the present and future of CSR."—Working Knowledge, Harvard Business School "A useful corrective to the view that CSR alone is the full answer to social problems."—Business Ethics "The study combines sound logic with illustrative cases, and advances the sophistication of the CSR debate considerably." —John G. Ruggie, Harvard University, co-architect of UN Global Compact