Is Commodity Speculation Ethical?

Is Commodity Speculation Ethical? PDF Author:
Publisher: GRIN Verlag
ISBN: 3668916160
Category : Business & Economics
Languages : de
Pages : 17

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Book Description
Studienarbeit aus dem Jahr 2018 im Fachbereich BWL - Unternehmensethik, Wirtschaftsethik, Note: 1,7, International School Of Management, Standort Frankfurt, Sprache: Deutsch, Abstract: The aim of the paper is to discuss commodity trading and food speculation based on ethical theories. Since we had demonstrations in the last couple of years like "Occupy Wall Street" and others fight against banks, it is important to explain the different arguments for and against commodity trading. I find many different arguments and theories about the whole subject. Is the speculation on commodities something which helps people or is it something people have to suffer from? Are banks the reason why people even in the year of 2018 suffer from hunger? In the following I will discuss the reasons for the worldwide hunger problem, I will take a look at commodity trading and how banks work in this sector. Last I will review the situation from an ethical point of view and say if it is ethically correct to trade commodities on stock exchanges. This paper should help to understand the whole discussion and should take a look at different ethical theories. On the other hand, it is important to see why banks and institutions started with the trading of commodities. First of all the overall volume in this section of the financial market started to grow later than other parts of the industry. When in the late 90s the financial market to grow fast and the money inflow got bigger and bigger the focus of investors wasn't on the commodity market. The development of the commodity market was furthermore just a result of the developments before. Banks argued that they just provided a platform for a new market which also would help the economies and the people in poor countries.

Is Commodity Speculation Ethical?

Is Commodity Speculation Ethical? PDF Author:
Publisher: GRIN Verlag
ISBN: 3668916160
Category : Business & Economics
Languages : de
Pages : 17

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Book Description
Studienarbeit aus dem Jahr 2018 im Fachbereich BWL - Unternehmensethik, Wirtschaftsethik, Note: 1,7, International School Of Management, Standort Frankfurt, Sprache: Deutsch, Abstract: The aim of the paper is to discuss commodity trading and food speculation based on ethical theories. Since we had demonstrations in the last couple of years like "Occupy Wall Street" and others fight against banks, it is important to explain the different arguments for and against commodity trading. I find many different arguments and theories about the whole subject. Is the speculation on commodities something which helps people or is it something people have to suffer from? Are banks the reason why people even in the year of 2018 suffer from hunger? In the following I will discuss the reasons for the worldwide hunger problem, I will take a look at commodity trading and how banks work in this sector. Last I will review the situation from an ethical point of view and say if it is ethically correct to trade commodities on stock exchanges. This paper should help to understand the whole discussion and should take a look at different ethical theories. On the other hand, it is important to see why banks and institutions started with the trading of commodities. First of all the overall volume in this section of the financial market started to grow later than other parts of the industry. When in the late 90s the financial market to grow fast and the money inflow got bigger and bigger the focus of investors wasn't on the commodity market. The development of the commodity market was furthermore just a result of the developments before. Banks argued that they just provided a platform for a new market which also would help the economies and the people in poor countries.

A moral evaluation of speculation on agricultural commodities. Consideration of the greatest happiness principle by Jeremy Bentham

A moral evaluation of speculation on agricultural commodities. Consideration of the greatest happiness principle by Jeremy Bentham PDF Author: David Höhl
Publisher: GRIN Verlag
ISBN: 3668782504
Category : Philosophy
Languages : en
Pages : 30

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Book Description
Seminar paper from the year 2018 in the subject Philosophy - Philosophy of the 20th century, grade: 1,5, Harvard University, language: English, abstract: Which consequences do the speculation on agricultural commodities have on food prices? Is it morally wrong to speculate on agricultural commodities? Are policy makers ethically obligated to regulate the speculation of agricultural commodities? The following paper will face these issues. First of all, I will define the greatest happiness principle by Jeremy Bentham, agricultural commodities, commodity futures and futures markets as well as speculation. Afterwards, I will analyze the consequences of speculation on agricultural commodities for all concerned parties. Doing this, I will examine the effects of the speculation on commodity trading firms, banks, investors and the price development of agricultural commodities. On the basis of the results of my examination, I will apply the greatest happiness principle. Given this analysis, I will state my advice for policy makers.

Commodity Speculation

Commodity Speculation PDF Author: L. Dee Belveal
Publisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 374

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Book Description


What Money Can't Buy

What Money Can't Buy PDF Author: Michael J. Sandel
Publisher: Farrar, Straus and Giroux
ISBN: 1429942584
Category : Philosophy
Languages : en
Pages : 256

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Book Description
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?

Does Financial Speculation with Agricultural Commodities Cause Hunger? - a Reply to Our Critics

Does Financial Speculation with Agricultural Commodities Cause Hunger? - a Reply to Our Critics PDF Author: Matthias Georg Will
Publisher:
ISBN: 9783868296464
Category :
Languages : en
Pages : 0

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Book Description


Commodity Risk Management

Commodity Risk Management PDF Author: Geoffrey Poitras
Publisher: Routledge
ISBN: 0415879299
Category : Business & Economics
Languages : en
Pages : 426

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Book Description
This book aims to cover the following general topics: development and assessment of theories for evaluating commodity risk; the role of derivative securities in managing commodity risk; and, an assessment of the actual management of commodity risk in specific situations. The primary contribution of the book is the explicit development of the often overlooked connection between risk management and speculation. The central theme is to demonstrate that commodity risk management decisions require an in depth understanding of speculative strategies. To this end, this book aims to provide a unified treatment of important concepts and techniques that are useful in applying derivative securities in the management of risk arising in commodity markets.

Commodity Markets and the Global Economy

Commodity Markets and the Global Economy PDF Author: Blake C. Clayton
Publisher: Cambridge University Press
ISBN: 1107042518
Category : Business & Economics
Languages : en
Pages : 215

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Book Description
This book provides a clear-eyed analysis of questions at the intersection of commodity markets, natural resource economics, and public policy.

Rules of Exchange

Rules of Exchange PDF Author: Alessandro Stanziani
Publisher: Cambridge University Press
ISBN: 1107003865
Category : Business & Economics
Languages : en
Pages : 325

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Book Description
The control of competition is designed, at best, to reconcile socioeconomic stability with innovation, and at worst, to keep competitors out of the market. In this respect, the nineteenth century was no more liberal than the eighteenth century. Even during the presumed liberal nineteenth century, legal regulation played a major role in the economy, and the industrial revolution was based on market institutions and organisations formed during the second half of the seventeenth century. If indeed there is a break in the history of capitalism, it should be situated at the turn of the nineteenth and twentieth centuries, with the irruption of mass production, consumption and the welfare state, which introduced new forms of regulation. This book provides a new intellectual, economic and legal history of capitalism from the eighteenth century to the early twentieth century. It analyzes the interaction between economic practices and legal constructions in France and compares the French case with other Western countries during this period, such as the United Kingdom, the United States, Germany and Italy.

Speculation on the Stock and Produce Exchanges of the United States

Speculation on the Stock and Produce Exchanges of the United States PDF Author: Henry Crosby Emery
Publisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 256

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Book Description


The Secret Club That Runs the World

The Secret Club That Runs the World PDF Author: Kate Kelly
Publisher: Penguin
ISBN: 1591847133
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
“Thanks to this gripping new book … we know more about how they do it. And it’s even more shocking than you think.” —The Independent When most people think of the drama of global finance, they think of stocks and bonds, venture capital, high-tech IPOs, and complex mortgage-backed securities. But commodities? Crude oil and soybeans? Copper and wheat? What could be more boring? That’s exactly what the elite commodity traders want you to think. They don’t seek the media spotlight. They don’t want to be as famous as Warren Buffett or Bill Gross. Their astonishing wealth was created in near-total obscurity, either in closely held private companies or deep within large banks and corporations, where commodity profits and losses weren’t broken out. Now Kate Kelly, the bestselling author of Street Fighters, takes us inside this secretive inner circle that controls so many things we all depend on. She gets closer than any previous reporter to understanding these whip-smart, aggressive, and often egomaniacal men who bet millions every day on a blend of facts, analysis, and pure gut instinct.