The Moralization of the Markets

The Moralization of the Markets PDF Author: Christoph Henning
Publisher: Routledge
ISBN: 1351479164
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
Nothing affects the modern economy (and society) more than decisions made in the market place, especially, but not only, decisions made by consumers. Although it is not startling to suggest that decisions made in production are affected by choices consumers make, consumers have long been viewed, not only by academic economists, as individual, isolated rational actors that make or refrain from purchases purely on the basis of narrow financial considerations. Markets are not and never were morally neutral. Market relations have always had an often taken-for-granted moral underpinning. The moralization of the markets refers to the dissolution and replacement of the conventional moral underpinnings of market conduct, for example, in the music market, financial markets, and corporate governance. It further implies not only the heightened importance of new ethical precepts, but the significant change in the role of moral ideals in market behavior. These profound transformations of economic conduct are accompanied and co-determined by societal conflicts. The moralization of markets represents thus a new stage in the social evolution of markets. The book is divided into four parts, in which the twelve chapters, written by contributors from different social science disciplines, deal with the context of the moralization of the markets; the major social institutions; and present case studies that examine European and American attitudes and behavior towards tobacco and GMO; expansion of the private and ethics in business; and how workers respond to the new corporate norms. This volume will be of interest to sociologists, economists, social scientists, and the general consumer alike.

The Moralization of the Markets

The Moralization of the Markets PDF Author: Christoph Henning
Publisher: Routledge
ISBN: 1351479164
Category : Business & Economics
Languages : en
Pages : 380

Get Book Here

Book Description
Nothing affects the modern economy (and society) more than decisions made in the market place, especially, but not only, decisions made by consumers. Although it is not startling to suggest that decisions made in production are affected by choices consumers make, consumers have long been viewed, not only by academic economists, as individual, isolated rational actors that make or refrain from purchases purely on the basis of narrow financial considerations. Markets are not and never were morally neutral. Market relations have always had an often taken-for-granted moral underpinning. The moralization of the markets refers to the dissolution and replacement of the conventional moral underpinnings of market conduct, for example, in the music market, financial markets, and corporate governance. It further implies not only the heightened importance of new ethical precepts, but the significant change in the role of moral ideals in market behavior. These profound transformations of economic conduct are accompanied and co-determined by societal conflicts. The moralization of markets represents thus a new stage in the social evolution of markets. The book is divided into four parts, in which the twelve chapters, written by contributors from different social science disciplines, deal with the context of the moralization of the markets; the major social institutions; and present case studies that examine European and American attitudes and behavior towards tobacco and GMO; expansion of the private and ethics in business; and how workers respond to the new corporate norms. This volume will be of interest to sociologists, economists, social scientists, and the general consumer alike.

The Moralization of the Markets

The Moralization of the Markets PDF Author: Nico Stehr
Publisher: Transaction Publishers
ISBN: 1412815878
Category : Political Science
Languages : en
Pages : 381

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Book Description
Nothing affects the modern economy (and society) more than decisions made in the market place, especially, but not only, decisions made by consumers. Although it is not startling to suggest that decisions made in production are affected by choices consumers make, consumers have long been viewed, not only by academic economists, as individual, isolated rational actors that make or refrain from purchases purely on the basis of narrow financial considerations. Markets are not and never were morally neutral. Market relations have always had an often taken-for-granted moral underpinning. The moralization of the markets refers to the dissolution and replacement of the conventional moral underpinnings of market conduct, for example, in the music market, financial markets, and corporate governance. It further implies not only the heightened importance of new ethical precepts, but the significant change in the role of moral ideals in market behavior. These profound transformations of economic conduct are accompanied and co-determined by societal conflicts. The moralization of markets represents thus a new stage in the social evolution of markets. The book is divided into four parts, in which the twelve chapters, written by contributors from different social science disciplines, deal with the context of the moralization of the markets; the major social institutions; and present case studies that examine European and American attitudes and behavior towards tobacco and GMO; expansion of the private and ethics in business; and how workers respond to the new corporate norms. This volume will be of interest to sociologists, economists, social scientists, and the general consumer alike.

Moral Markets

Moral Markets PDF Author: Nico Stehr
Publisher: Routledge
ISBN: 1317255933
Category : Social Science
Languages : en
Pages : 288

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Book Description
Nothing affects modern society more than the decisions made in the marketplace, especially (but not only) the judgments of consumers. Stehr's designation of a new stage in modern societies with the term "moral markets" signals a further development in the social evolution of markets. Market theories still widely in use today emerged in a society that no longer exists. Consumers were hardly in evidence at all in early theories of the market. Today, growing affluence, greater knowledge, and high-speed communication among consumers builds into the marketplace notions of fairness, solidarity, environment, health, and political considerations imbued with a long-term perspective that can disrupt short-term pursuits of the best buy. Importantly, such social goals, individual apprehensions, and modes of consumer conduct become inscribed today in products and services offered in the marketplace, as well as in the rules and regulations that govern market relations. Stehr uses examples to illustrate these trends and build new theory fitting today's changing consumerism.

The Contested Moralities of Markets

The Contested Moralities of Markets PDF Author: Simone Schiller-Merkens
Publisher: Emerald Group Publishing
ISBN: 1787691217
Category : Social Science
Languages : en
Pages : 259

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Book Description
Highlighting the sources, processes and outcomes of moral struggles in and around markets, this volume advances our current understanding of markets and their contested moralities.

Cash on the Table

Cash on the Table PDF Author: Edward F. Fischer
Publisher:
ISBN: 9781938645006
Category : Economics
Languages : en
Pages : 0

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Book Description
A great deal is at stake in understanding the moral dimensions of economic behavior and markets. Public debates over executive compensation, the fair trade movement, and recent academic inquiries into the limitations of rational-choice paradigms all point to the relevance of moral values in our economic decision-making processes. Moral values inform economic behavior. On its face, this proposition is unassailable. Think of the often spiritual appeal of consumer goods or the value-laden stakes of upward or downward mobility. Consider the central role that moral questions regarding poverty, access to health care, the tax code, property and land rights, and corruption play in the shaping of modern governments, societies, and social movements. Ponder the meaning of fair trade coffee and organic produce as well as Walmart's everyday low prices. The moral aspects of the marketplace have never been so contentious or consequential; however, the realm of economics is often treated as a world unto itself, a domain where human behavior is guided not by emotions, beliefs, moralities, or the passions that fascinate anthropologists but by the hard fact of rational choices. Anthropologists have historically tended to focus on the corrosive effects of markets on traditional lifeways and the ways in which global markets disadvantage marginalized peoples. Economists often have difficulty recognizing that markets are embedded in particular social and political power structures and that "free" market transactions are often less free than we might think. If anthropologists could view markets a bit more ecumenically and if economists could view them a bit more politically, then great value--cash on the table--could be found in bringing these perspectives together.

Moralizing Technology

Moralizing Technology PDF Author: Peter-Paul Verbeek
Publisher: University of Chicago Press
ISBN: 0226852903
Category : Business & Economics
Languages : en
Pages : 195

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Book Description
Technology permeates nearly every aspect of our daily lives. Cars enable us to travel long distances, mobile phones help us to communicate, and medical devices make it possible to detect and cure diseases. But these aids to existence are not simply neutral instruments: they give shape to what we do and how we experience the world. And because technology plays such an active role in shaping our daily actions and decisions, it is crucial, Peter-Paul Verbeek argues, that we consider the moral dimension of technology. Moralizing Technology offers exactly that: an in-depth study of the ethical dilemmas and moral issues surrounding the interaction of humans and technology. Drawing from Heidegger and Foucault, as well as from philosophers of technology such as Don Ihde and Bruno Latour, Peter-Paul Verbeek locates morality not just in the human users of technology but in the interaction between us and our machines. Verbeek cites concrete examples, including some from his own life, and compellingly argues for the morality of things. Rich and multifaceted, and sure to be controversial, Moralizing Technology will force us all to consider the virtue of new inventions and to rethink the rightness of the products we use every day.

Markets without Limits

Markets without Limits PDF Author: Jason F. Brennan
Publisher: Routledge
ISBN: 1317815629
Category : Philosophy
Languages : en
Pages : 376

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Book Description
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 Economies

Moral Economies PDF Author: Ute Frevert
Publisher: Vandenhoeck & Ruprecht
ISBN: 3647364266
Category : History
Languages : en
Pages : 240

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Book Description
Is there a moral economy of capitalism? The term "moral economy" was coined in pre-capitalist times and does not refer to economy as we know it today. It was only in the nineteenth century that economy came to mean the production and circulation of goods and services. At the same time, the term started to be used in an explicitly critical tone: references to moral economy were normally critical of modern forms of economy, which were purportedly lacking in morals. In our times, too, the morality of capitalism is often the topic of debate and controversy. "Moral Economies" engages in these debates. Using historical case studies from the eighteenth, nineteenth, and twentieth centuries the book discusses the degree to which economic actions and decisions were permeated with moral, good-vs-bad classifications. Moreover it shows how strongly antiquity's concept of "embedded" economy is still powerful in modernity. The model for this was often the private household, in which moral, social, and economic behavior patterns were intertwined. The do-it-yourself movement of the late twentieth and early twenty-first centuries was still oriented towards this model, thereby criticizing capitalism on moral grounds.

The Moralisation of Tourism

The Moralisation of Tourism PDF Author: Jim Butcher
Publisher: Routledge
ISBN: 1134435096
Category : Business & Economics
Languages : en
Pages : 176

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Book Description
Using a host of international examples Butcher examines what the advocates of 'new tourism' see as being wrong with mass tourism, looks critically at the claims made for the new alternatives and makes a case for guilt-free holidays.

Post-Growth Living

Post-Growth Living PDF Author: Kate Soper
Publisher: Verso Books
ISBN: 1788738896
Category : Philosophy
Languages : en
Pages : 241

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Book Description
An urgent and passionate plea for a new and ecologically sustainable vision of the good life. The reality of runaway climate change is inextricably linked with the mass consumerist, capitalist society in which we live. And the cult of endless growth, and endless consumption of cheap disposable commodities isn't only destroying the world, it is damaging ourselves and our way of being. How do we stop the impending catastrophe, and how can we create a movement capable of confronting it head-on? In Post-Growth Living, philosopher Kate Soper offers an urgent plea for a new vision of the good life, one that is capable of delinking prosperity from endless growth. Instead, she calls for a renewed emphasis on the joys of being, one that is capable of collective happiness not in consumption but by creating a future that allows not only for more free time, and less conventional and more creative ways of using it, but also for more fulfilling ways of working and existing. This is an urgent and necessary intervention into debates on climate change.