The Ethics of Capitalism

The Ethics of Capitalism PDF Author: Daniel Halliday
Publisher: Oxford University Press
ISBN: 0190096225
Category : Philosophy
Languages : en
Pages : 289

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Book Description
Can capitalism have moral foundations? Though this question may seem strange in today's world of vast economic disparities and widespread poverty, discussions originating with the birth of capitalism add a critical perspective to the current debate on the efficacy and morality of capitalist economies. Authors Daniel Halliday and John Thrasher use this question to introduce classical political philosophy as a framework by which to evaluate the ethics of capitalism today. They revisit and reconstruct historical eighteenth- and nineteenth-century defenses of capitalism, as written by key proponents such as Adam Smith and John Stuart Mill. They ask what these early advocates of market order would say about contemporary economies, and argue for the importance of connecting these foundational defenses to discussions of economic systems and the roles they play in economic justice and injustice today. The textbook covers longstanding problems that are as old as the discussion of capitalism itself, such as wage inequality, global trade, and the connection between paid labor and human flourishing. It also addresses new challenges, such as climate change, the welfare state, and competitive consumption, and provides topical global case studies. Additionally, it includes study questions at the end of each chapter and an author-created companion website to help guide classroom discussion.

The Ethics of Neoliberalism

The Ethics of Neoliberalism PDF Author: Peter Bloom
Publisher: Taylor & Francis
ISBN: 1317212673
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
The 21st century is the age of "neo-liberalism" – a time when the free market is spreading to all areas of economic, political and social life. Yet how is this changing our individual and collective ethics? Is capitalism also becoming our new morality? From the growing popular demand for corporate social responsibility to personal desire for "work-life balance" it would appear that non-market ideals are not only surviving but also thriving. Why then does it seem that capitalism remains as strong as ever? The Ethics of Neoliberalism boldly proposes that neoliberalism strategically co-opts traditional ethics to ideologically and structurally strengthen capitalism. It produces "the ethical capitalist subject" who is personally responsible for making their society, workplace and even their lives "more ethical" in the face of an immoral but seemingly permanent free market. Rather than altering our morality, neoliberalism "individualizes" ethics, making us personally responsible for dealing with and resolving its moral failings. In doing so, individuals end up perpetuating the very market system that they morally oppose and feel powerless to ultimately change. This analysis reveals the complex and paradoxical way capitalism is currently shaping us as "ethical subjects". People are increasingly asked to ethically "save" capitalism both collectively and personally. This can range from the "moral responsibility" to politically accept austerity following the financial crisis to the willingness of employees to sacrifice their time and energy to make their neoliberal organizations more "humane" to the efforts by individuals to contribute to their family and communities despite the pressures of a franetic global business environment. Neoliberalism, thus, uses our ethics against us, relying on our "good nature" and sense of personal responsibility to reduce its human cost in practice. Ironically

Seven Ethics Against Capitalism

Seven Ethics Against Capitalism PDF Author: Oli Mould
Publisher: John Wiley & Sons
ISBN: 1509545972
Category : Social Science
Languages : en
Pages : 135

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Book Description
Capitalism has become so dominant that it is difficult to ever imagine a world in which its injustices and inequalities are not violently present. In this ambitious and compelling book, Oli Mould turns his diagnosis of capitalism's perversions towards defining the new set of ethics we need to succeed in organizing a more just society. In the wake of the coronavirus pandemic, capitalism has been rocked to its foundations and 'the commons' as a means of providing for all people in our world has come crashing into the foreground. However, in order for the commons to be a viable alternative to the injustices of capitalism, it needs to be grown to a planetary scale. This is not an easy process, but if we can commit to act ethically in the world, then suddenly anything is possible. Blending theoretical thinking and real-life examples of commoning in action, Mould guides the reader through a suite of ethical mindsets – mutualism, transmaterialism, minoritarianism, decodification, slowness, failure and love – which can stand firm against capitalism's seemingly inexorable ability to co-opt and subsume all before it. When thought of collectively, these ethics can offer tantalizing visions and practical approaches towards a world beyond capitalism.

Ethical Capitalism

Ethical Capitalism PDF Author: Patrick Fridenson
Publisher: University of Toronto Press
ISBN: 1487501064
Category : Business & Economics
Languages : en
Pages : 233

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Book Description
Ethical Capitalism is a volume of essays that tackles the thought, work, and legacy of Shibusawa Eiichi.

Wealth and Justice

Wealth and Justice PDF Author: Peter Wehner
Publisher: Government Institutes
ISBN: 084474378X
Category : Business & Economics
Languages : en
Pages : 91

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Book Description
Popular opinion would have us believe that America's free market system is driven by greed and materialism, resulting in gross inequalities of wealth, destruction of the environment, and other social ills. Even proponents of capitalism often refer to the free market as simply a 'lesser evil' whose faults are preferable to those of social democracy or communism. But what if the conventional understanding of capitalism as corrupt and unprincipled is wrong? What if the free market economy actually reinforces Christian values? In Wealth and Justice: The Morality of Democratic Capitalism, Arthur C. Brooks and Peter Wehner explore how America's system of democratic capitalism both depends upon and cultivates an intricate social web of families, churches, and communities. Far from oppressing and depriving individuals, the free market system uniquely enables Americans to exercise vocation and experience the dignity of self-sufficiency, all while contributing to the common good. The fruits of this system include the alleviation of poverty, better health, and greater access to education than at any other time in human history-but also a more significant prosperity: the flourishing of the human soul.

The Morality of Capitalism

The Morality of Capitalism PDF Author: Tom G. Palmer
Publisher:
ISBN: 9781737723035
Category :
Languages : en
Pages : 124

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Book Description
The second in the "What Your Professors Won't Tell You" series of essays on political economy, this collection includes thirteen essays. Authors include Nobel Prize winners Mario Vargas Llosa and Vernon Smith, Whole Foods Market CEO and founder John Mackey, and scholars from across the globe.This book series is a project of the campus organization Students for Liberty and is intended to "offer the other side of the debate, the side that is rarely acknowledged to exist" in college courses on economics and political science. Students are encouraged to "read the best criticisms of free market capitalism . . . . Marx, Sombart, Rawls, Sandel" and then "wrestle with the arguments offered in this book, think about them, and make up your own mind."

Cognitive Capitalism

Cognitive Capitalism PDF Author: Yann Moulier-Boutang
Publisher: Polity
ISBN: 0745647324
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
This book argues that we are undergoing a transition from industrial capitalism to a new form of capitalism - what the author calls & lsquo; cognitive capitalism & rsquo;

The Ethics of Anarcho-Capitalism

The Ethics of Anarcho-Capitalism PDF Author: Kristopher A Borer
Publisher:
ISBN: 9781951974022
Category : Philosophy
Languages : en
Pages : 274

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Book Description
Anarcho-capitalism is the most exciting social philosophy of modern times. But how does it work? This book illuminates the ethical system at the heart of anarcho-capitalism. It builds the non-aggression principle from praxeological foundations and develops techniques for applying it to real world conflicts. It explores the edges of libertarianism to show where it shines, and where it fails. "This is an excellent book on anarcho-capitalism. It covers all the bases, and then some. This is an enjoyable read, an easy read, and at the end of the road lies real insight. Five stars." - Walter Block, author of Defending the Undefendable "I was dreading reading this, but it is conceptually excellent." - Michael Malice, author of The New Right

The Catholic Ethic and the Spirit of Capitalism

The Catholic Ethic and the Spirit of Capitalism PDF Author: Michael Novak
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 358

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Book Description
Any vision of capitalism's future prospects must take into account the powerful cultural influence Catholicism has exercised throughout the world. The Church had for generations been reluctant to come to terms with capitalism, but, as Michael Novak argues in this important book, a hundred-year-long debate within the Church has yielded a richer and more humane vision of capitalism than that described in Max Weber's classic The Protestant Ethic and the Spirit of Capitalism. Novak notes that the influential Catholic intellectuals who, early in this century saw through Weber's eyes an economic system marked by ruthless individualism and cold calculation had misread the reality. For, as history has shown, the lived experience of capitalism has depended to a far greater extent than they had realized on a culture characterized by opportunity, cooperative effort, social initiative, creativity, and invention. Drawing on the major works of modern Papal thought, Novak demonstrates how the Catholic tradition has come to reflect this richer interpretation of capitalist culture. In 1891, Pope Leo XIII condemned socialism as a futile system, but also severely criticized existing market systems. In 1991, John Paul II surprised many by conditionally proposing "a business economy, a market economy, or simply free economy" as a model for Eastern Europe and the Third World. Novak notes that as early as 1963, this future Pope had signaled his commitment to liberty. Later, as Archbishop of Krakow, he stressed the "creative subjectivity" of workers, made by God in His image as co-creators. Now, as Pope, he calls for economic institutions worthy of a creative people, and for political and cultural reformsattuned to a new "human ecology" of family and work. Novak offers an original and penetrating conception of social justice, rescuing it as a personal virtue necessary for social activism. Since Pius XI made this idea canonical in 1931, the term has been rejected by the Right as an oxymoron and misused by the Left as a party platform. Novak applies this newly formulated notion of social justice to the urgent worldwide problems of ethnicity, race, and poverty. His fresh rethinking of the Catholic ethic comes just in time to challenge citizens in those two large and historically Catholic regions, Eastern Europe and Latin America, now taking their first steps as market economies, as well as those of us in the West seeking a realistic moral vision.

The Future of Capitalism

The Future of Capitalism PDF Author: Paul Collier
Publisher: HarperCollins
ISBN: 0062748661
Category : History
Languages : en
Pages : 369

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Book Description
Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.

The Bourgeois Virtues

The Bourgeois Virtues PDF Author: Deirdre Nansen
Publisher: University of Chicago Press
ISBN: 0226556670
Category : Business & Economics
Languages : en
Pages : 637

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Book Description
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.