Markets And Moral Regulation

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Markets and Moral Regulation

Author : Paulette Kurzer
Publisher : Cambridge University Press
Page : 18 pages
File Size : 42,9 Mb
Release : 2001-07-02
Category : Business & Economics
ISBN : 0521003954

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Markets and Moral Regulation by Paulette Kurzer Pdf

This book examines European integration and national policies on moral issues such as abortion, drugs and alcohol.

What Money Can't Buy

Author : Michael J. Sandel
Publisher : Farrar, Straus and Giroux
Page : 256 pages
File Size : 52,5 Mb
Release : 2012-04-24
Category : Philosophy
ISBN : 9781429942584

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What Money Can't Buy by Michael J. Sandel Pdf

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,Ginny Seung Choi
Publisher : Springer Nature
Page : 281 pages
File Size : 51,7 Mb
Release : 2019-08-21
Category : Business & Economics
ISBN : 9783030184162

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Do Markets Corrupt Our Morals? by Virgil Henry Storr,Ginny Seung Choi Pdf

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.

Beyond Market and Government

Author : Yining Li
Publisher : Springer
Page : 193 pages
File Size : 44,6 Mb
Release : 2014-09-16
Category : Political Science
ISBN : 9783662442548

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Beyond Market and Government by Yining Li Pdf

This book explores how moral factors exert influence on economy from an economic and philosophical point of view. The book takes an in-depth look at topics such as efficiency and coordination, fairness and identification, law and self-discipline and the third distribution, which have long been the focus of public attention. As expounded in this book, in places where regulation by market or government does work, there are still some gaps that the two modes of regulation cannot reach owing to the limitations of their influence. Each does compensate for the other’s limitations, but only up to a point. The gap can only be filled by custom and morality. In this sense, regulation by custom and morality can be viewed as a regulatory mode beyond market and government. In a market economy, market regulation of resource allocation as a basic mode can be called “primary regulation” and government regulation, as a high-level mode, “secondary regulation.” Regulation that relies on the force of custom and morality, a regulation beyond market and government, can be called “the third regulation.” A variety of causes can give rise to market failure or government paralysis, rendering regulation by market or government ineffective or extremely limited. But even in such circumstances, custom and morality still exist and continue working as normal. What affects resource allocation, socio-economic operations and living standards is not just the power of market or government, but that of custom and morality. This book is one of the three published writings that best reflect Professor Li Yining’s academic standpoint. Although written in economic language, the book also incorporates sociology, history and philosophy and will help the reader make better judgment calls in the face of changing market conditions and economic policies.

Morality & Markets

Author : Edward Soule
Publisher : Rowman & Littlefield
Page : 212 pages
File Size : 41,6 Mb
Release : 2003
Category : Business & Economics
ISBN : 0742513599

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Morality & Markets by Edward Soule Pdf

This is the first book to apply liberal political philosophy to commercial life as a whole.

Moral Markets

Author : Paul J. Zak
Publisher : Princeton University Press
Page : 387 pages
File Size : 41,8 Mb
Release : 2010-12-16
Category : Business & Economics
ISBN : 9781400837366

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Moral Markets by Paul J. Zak Pdf

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.

Moral Markets

Author : Nico Stehr
Publisher : Routledge
Page : 349 pages
File Size : 40,9 Mb
Release : 2015-12-03
Category : Social Science
ISBN : 9781317255925

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Moral Markets by Nico Stehr Pdf

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.

Medieval Market Morality

Author : James Davis
Publisher : Cambridge University Press
Page : 533 pages
File Size : 41,6 Mb
Release : 2011-11-24
Category : History
ISBN : 9781139502818

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Medieval Market Morality by James Davis Pdf

This important study examines the market trade of medieval England by providing a wide-ranging critique of the moral and legal imperatives that underpinned retail trade. James Davis shows how market-goers were influenced not only by practical and economic considerations of price, quality, supply and demand, but also by the moral and cultural environment within which such deals were conducted. This book draws on a broad range of cross-disciplinary evidence, from the literary works of William Langland and the sermons of medieval preachers, to state, civic and guild laws, Davis scrutinises everyday market behaviour through case studies of small and large towns, using the evidence of manor and borough courts. From these varied sources, Davis teases out the complex relationship between morality, law and practice and demonstrates that even the influence of contemporary Christian ideology was not necessarily incompatible with efficient and profitable everyday commerce.

Is the Market Moral?

Author : Rebecca M. Blank,William McGurn
Publisher : Rowman & Littlefield
Page : 169 pages
File Size : 45,8 Mb
Release : 2003-12-31
Category : Business & Economics
ISBN : 9780815796282

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Is the Market Moral? by Rebecca M. Blank,William McGurn Pdf

In the great tradition of moral argument about the nature of the economic market, Rebecca Blank and William McGurn join to debate the fundamental questions—equality and efficiency, productivity and social justice, individual achievement and personal rights in the workplace, and the costs and benefits of corporate and entrepreneurial capitalism. Their arguments are grounded in both economic sophistication and religious commitment. Rebecca Blank is an economist by training and describes herself as "culturally Protestant in the habits of mind and heart." She has also chaired the committee that wrote the statement on Christian faith and economic life adopted by the United Church of Christ. Addressing market failure, for her, requires that sometimes "freedom to choose" give way to other human values. William McGurn, a journalist and a Roman Catholic, uses his expertise in economics to reflect on the teachings of the church concerning the morality of the market. For McGurn, humans reach their fullest potential when they are free from the constraints of others. He writes that "our quarrel is not so much with Adam Smith or Milton Friedman but with the Providence that so clearly designed man to be his most prosperous at his most free." This book grapples with the new imperatives of a global economy while working in the classic tradition of political economy which always treated seriously the questions of morality, justice, productivity, and freedom.

Media, Markets, and Morals

Author : Edward H. Spence,Andrew Alexandra,Aaron Quinn,Anne Dunn
Publisher : John Wiley & Sons
Page : 209 pages
File Size : 51,8 Mb
Release : 2011-02-23
Category : Law
ISBN : 9781444396034

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Media, Markets, and Morals by Edward H. Spence,Andrew Alexandra,Aaron Quinn,Anne Dunn Pdf

Media, Markets, and Morals provides an original ethical framework designed specifically for evaluating ethical issues in the media, including new media. The authors apply their account of the moral role of the media, in their dual capacity as information providers for the public good and as businesses run for profit, to specific morally problematic practices and question how ethical behavior can be promoted within the industry. Brings together experts in the fields of media studies and media ethics, information ethics, and professional ethics Offers an original ethical framework designed specifically for evaluating ethical issues in the media, including new media Builds upon and further develops an innovative theoretical model for examining and evaluating media corruption and methods of media anti-corruption previously developed by authors Spence and Quinn Discloses and clarifies the inherent ethical nature of information and its communication to which the media as providers of information are necessarily committed

The Contested Moralities of Markets

Author : Simone Schiller-Merkens,Philip Balsiger
Publisher : Emerald Group Publishing
Page : 232 pages
File Size : 54,5 Mb
Release : 2019-09-02
Category : Social Science
ISBN : 9781787691216

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The Contested Moralities of Markets by Simone Schiller-Merkens,Philip Balsiger Pdf

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.

Moral Markets

Author : Nico Stehr
Publisher : Routledge
Page : 288 pages
File Size : 52,7 Mb
Release : 2015-12-03
Category : Social Science
ISBN : 9781317255932

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Moral Markets by Nico Stehr Pdf

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.

Morality, Competition, and the Firm

Author : Joseph Heath
Publisher : Oxford University Press
Page : 425 pages
File Size : 51,6 Mb
Release : 2014
Category : Business & Economics
ISBN : 9780199990481

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Morality, Competition, and the Firm by Joseph Heath Pdf

"The essays by Joseph Heath collected in this volume collectively present a program in business ethics that he calls the "market failures" approach. They develop a theoretical framework that lies between two opposing positions in business ethics -- on one hand the "stakeholder" theory, which identifies moral obligations within an organization by identifying its key groups, and the self-explanatory "shareholder primacy" theory. Heath's "market failures" approach lies between these approaches and argues that firms should be guided by the ideal of a perfectly competitive market, and that ethical behavior in this context consists primarily in refraining from taking advantage of imperfections in existing markets. Heath's approach puts particular emphasis on the market as a competitively structured interaction, with different duties owed to individuals inside and outside the firm, and explains why business managers cannot have fiduciary responsibilities toward every stakeholder group. His theory draws on recent work in adversarial ethics, welfare economics, agency theory, and the theory of the ferm, in order to provide an account of business ethics that can be integrated with recent thinking about corporate law and the normative basis of state regulation of the economy"--

Markets without Limits

Author : Jason F. Brennan,Peter Jaworski
Publisher : Routledge
Page : 324 pages
File Size : 52,6 Mb
Release : 2015-08-20
Category : Philosophy
ISBN : 9781317815624

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Markets without Limits by Jason F. Brennan,Peter Jaworski Pdf

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.

Why Some Things Should Not Be for Sale

Author : Debra Satz
Publisher : Oxford University Press
Page : 265 pages
File Size : 52,6 Mb
Release : 2012-04-19
Category : Business & Economics
ISBN : 9780199892617

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Why Some Things Should Not Be for Sale by Debra Satz Pdf

In Why Some Things Should Not Be for Sale, philosopher Debra Satz takes a penetrating look at those commodity exchanges that strike most of us as problematic.