Moralizing Capitalism

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Moralizing Capitalism

Author : Stefan Berger,Alexandra Przyrembel
Publisher : Springer
Page : 329 pages
File Size : 53,7 Mb
Release : 2019-07-26
Category : History
ISBN : 9783030205652

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Moralizing Capitalism by Stefan Berger,Alexandra Przyrembel Pdf

This book adds a crucial focus on morality to the growing literature on the history of capitalism by exploring social and cultural perspectives on the economic order that has dominated the modern world. Taking the study beyond narrow economic confines, it traces the entanglement between moral sentiments and capitalism, examining both moral critiques and moral justifications. Company bankruptcies, systems of taxation, wealth, and the running of stock exchanges were attacked on moral grounds, while ideas of economic justice and the humanization of capitalism loomed large over moral critiques. Many movements, from antislavery to labour campaigns, were inspired by aspirations to improve capitalism and halt the moral decay that was felt to have affected large sections of society. This book questions how moral sentiments are defined and have changed over time, and how these relate to both capitalism and anti-capitalism. Covering a range of different social movements and ethical issues, the 13 chapters present a moral history of capitalism, understood not simply as an economic system but as an order that encompasses all areas of modern life.

Moral Capitalism

Author : Steven Pearlstein
Publisher : Macmillan + ORM
Page : 197 pages
File Size : 44,7 Mb
Release : 2018-09-25
Category : Business & Economics
ISBN : 9781250185990

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Moral Capitalism by Steven Pearlstein Pdf

"If anyone can save capitalism from the capitalists, it’s Steven Pearlstein. This lucid, brilliant book refuses to abandon capitalism to those who believe morality and justice irrelevant to an economic system." —Ezra Klein, founder and editor-at-large, Vox Pulitzer Prize-winning economics journalist Steven Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. With a New Introduction by the Author Thirty years ago, “greed is good” and “maximizing shareholder value” became the new mantras woven into the fabric of our business culture, economy, and politics. Although, around the world, free market capitalism has lifted more than a billion people from poverty, in the United States most of the benefits of economic growth have been captured by the richest 10%, along with providing justification for squeezing workers, cheating customers, avoiding taxes, and leaving communities in the lurch. As a result, Americans are losing faith that a free market economy is the best system. In Moral Capitalism, Pulitzer Prize-winning journalist Steven Pearlstein chronicles our descent and challenges the theories being taught in business schools and exercised in boardrooms around the country. We’re missing a key tenet of Adam Smith’s wealth of nations: without trust and social capital, democratic capitalism cannot survive. Further, equality of incomes and opportunity need not come at the expense of economic growth. Pearlstein lays out bold steps we can take as a country: a guaranteed minimum income paired with universal national service, tax incentives for companies to share profits with workers, ending class segregation in public education, and restoring competition to markets. He provides a path forward that will create the shared prosperity that will sustain capitalism over the long term. Previously published as Can American Capitalism Survive?

Moral Capitalism

Author : Stephen Young
Publisher : Berrett-Koehler Publishers
Page : 248 pages
File Size : 55,6 Mb
Release : 2003-11
Category : Business & Economics
ISBN : 1576752577

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Moral Capitalism by Stephen Young Pdf

Shows how to ensure that capitalism promotes progress and equality rather than enriching the few at the expense of manyBased on principles developed by the Caux Round Table, an international network of senior business executives from such companies as 3M, Canon, NEC, Bankers Trust, Shell, Prudential, and dozens of other companiesProvides practical guidelines for corporate social responsibility through the Caux Round Table's Seven General Principles for BusinessThe world is drifting without a clear plan for its economic development. Communism is dead, but in the wake of Enron and similar scanda.

Capitalism Unbound

Author : Andrew Bernstein
Publisher : University Press of America
Page : 146 pages
File Size : 41,6 Mb
Release : 2010
Category : History
ISBN : 9780761849698

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Capitalism Unbound by Andrew Bernstein Pdf

This book is a concise explanation of capitalism's moral and economic superiority to socialism, including America's current mixed-economy welfare state. This volume offers a focused, essentialized, and condensed argument ideal for the layman who admires capitalism but lacking a succinct, accessible explanation of its moral and economic virtues.

Capitalism with Morality

Author : D. W. Haslett
Publisher : Oxford University Press, USA
Page : 304 pages
File Size : 52,8 Mb
Release : 1994
Category : Business & Economics
ISBN : UOM:39015032096896

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Capitalism with Morality by D. W. Haslett Pdf

A broad and lucid study of the merits of different economic systems, this work combines economic criteria of success with a philosophically sophisticated analysis of ethical foundations and moral justification. Arguing that despite the fall of socialism, the deep feelings of moral discontent that many have with capitalism are as strong as ever, the author analyzes unadulterated capitalism and centrally-planned socialism. He considers economic systems from a moral as well as economic standpoint, considering such criteria as freedom, justice, and equal opportunity, as well as standards of productivity, growth, and employment levels. The author concludes with an outlining and defending an alternative system which attempts to avoid the moral deficiencies of current capitalism without abandoning the traditional strengths and benefits of capitalism itself.

The Ethics of Neoliberalism

Author : Peter Bloom
Publisher : Routledge
Page : 220 pages
File Size : 40,6 Mb
Release : 2017-06-26
Category : Business & Economics
ISBN : 9781317212669

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The Ethics of Neoliberalism by Peter Bloom Pdf

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

In Search of a Moral Foundation for Capitalism

Author : Douglas E. Stevens
Publisher : Cambridge University Press
Page : 259 pages
File Size : 49,8 Mb
Release : 2023-12-07
Category : Business & Economics
ISBN : 9781009434393

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In Search of a Moral Foundation for Capitalism by Douglas E. Stevens Pdf

Stevens tells the untold story of the search for a moral foundation for capitalism through its leading characters. His historical account reveals the rich moral critique provided by these characters and describes how that moral critique was lost through the influence of the Chicago School and its emphasis on self-interest.

The Moral Economists

Author : Tim Rogan
Publisher : Princeton University Press
Page : 276 pages
File Size : 42,5 Mb
Release : 2019-03-19
Category : History
ISBN : 9780691191492

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The Moral Economists by Tim Rogan Pdf

A fresh look at how three important twentieth-century British thinkers viewed capitalism through a moral rather than material lens What’s wrong with capitalism? Answers to that question today focus on material inequality. Led by economists and conducted in utilitarian terms, the critique of capitalism in the twenty-first century is primarily concerned with disparities in income and wealth. It was not always so. The Moral Economists reconstructs another critical tradition, developed across the twentieth century in Britain, in which material deprivation was less important than moral or spiritual desolation. Tim Rogan focuses on three of the twentieth century’s most influential critics of capitalism—R. H. Tawney, Karl Polanyi, and E. P. Thompson. Making arguments about the relationships between economics and ethics in modernity, their works commanded wide readerships, shaped research agendas, and influenced public opinion. Rejecting the social philosophy of laissez-faire but fearing authoritarianism, these writers sought out forms of social solidarity closer than individualism admitted but freer than collectivism allowed. They discovered such solidarities while teaching economics, history, and literature to workers in the north of England and elsewhere. They wrote histories of capitalism to make these solidarities articulate. They used makeshift languages of “tradition” and “custom” to describe them until Thompson patented the idea of the “moral economy.” Their program began as a way of theorizing everything economics left out, but in challenging utilitarian orthodoxy in economics from the outside, they anticipated the work of later innovators inside economics. Examining the moral cornerstones of a twentieth-century critique of capitalism, The Moral Economists explains why this critique fell into disuse, and how it might be reformulated for the twenty-first century.

What Adam Smith Knew

Author : James R. Otteson
Publisher : Encounter Books
Page : 290 pages
File Size : 43,9 Mb
Release : 2014-11-04
Category : Political Science
ISBN : 9781594037610

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What Adam Smith Knew by James R. Otteson Pdf

What exactly is capitalism, and why do its advocates support it? What are the main objections to capitalism that have been raised by its critics? Are there moral reasons to support capitalism, or to oppose it? In this time of globalization and economic turbulence, these questions could not be more timely or more important. This book provides some answers through seminal readings on the nature, purpose, and effects of capitalism as understood by its most influential expositors, both historical and contemporary. In addition to Adam Smith himself, the selections gathered here include essays and excerpts by thinkers ranging from Locke and Rousseau to Hayek and Cass Sunstein. All are chosen and arranged to highlight the ways that capitalism bears on a set of fundamental human concerns: liberty, equality, social order, virtue and motivation. If you want to develop an informed judgment about whether markets and morality mix, this anthology is a good place to begin.

The Virtues of Capitalism

Author : Scott Rae,Austin Hill
Publisher : Moody Publishers
Page : 160 pages
File Size : 40,7 Mb
Release : 2010-05-01
Category : Religion
ISBN : 157567565X

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The Virtues of Capitalism by Scott Rae,Austin Hill Pdf

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.

The better Angels Of Capitalism

Author : Andrew Herman
Publisher : Routledge
Page : 409 pages
File Size : 48,6 Mb
Release : 2019-07-11
Category : Social Science
ISBN : 9781000314854

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The better Angels Of Capitalism by Andrew Herman Pdf

This book explores, through an ethnographic examination of life stories of wealthy men, a historical analysis of the moral meanings of wealth and power in Western capitalism, and a mapping of different symbolic spaces in contemporary American culture.

The Soul of Capitalism

Author : William Greider
Publisher : Simon and Schuster
Page : 386 pages
File Size : 40,9 Mb
Release : 2003
Category : Capitalism
ISBN : 9780684862194

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The Soul of Capitalism by William Greider Pdf

Lists recent events that identify serious flaws in American capitalism, noting the price of affluence on families and the environment, calling for a realignment of power, and sharing examples of beneficial corporate practices.

The Enduring Tension

Author : Donald J. Devine
Publisher : Encounter Books
Page : 314 pages
File Size : 54,9 Mb
Release : 2021-01-26
Category : History
ISBN : 9781641771528

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The Enduring Tension by Donald J. Devine Pdf

Western civilization fashioned a capitalism that created a worldwide economic cornucopia and higher standards of living than any other system, yet its legitimacy is often questioned by its beneficiaries. Boston University Emeritus Professor Angelo M. Codevilla, proclaims Donald Devine’s The Enduring Tension between Capitalism and the Moral Order, “the best answer to this question since Adam Smith’s. Like Smith, Devine shows the mutually sustaining nature of morality and economic freedom, and provides a much-needed clearing away of the confusion with which recent authors have befogged this essential relationship.” Devine begins with Karl Marx setting capitalism’s roots in feudalism and the implications of that traditionalist inheritance, finally transformed by Rousseau’s “Christian heresy,” which turned the vision of heavenly perfection into an impossibly perfect ideal for earthly society. To unravel this capitalist enigma, Devine identifies the roots of the confusion, critiques the rationalized responses, and identifies the remedy—the revival of an historical Lockean pluralism able to fuse a moral scaffolding sufficient to hold the walls and preserve the best of capitalist civilization.

Capitalism as a Moral System

Author : Spencer J. Pack
Publisher : Edward Elgar Publishing
Page : 214 pages
File Size : 51,7 Mb
Release : 1991
Category : Business & Economics
ISBN : STANFORD:36105035211445

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Capitalism as a Moral System by Spencer J. Pack Pdf

This study aims to demonstrate that Adam Smith was neither a dogmatic defender of laissez-faire capitalism, nor of regressive taxation. On the contrary, Smith's views could be ambigious - he advocated many activities for the capitalist state and was in favour of mildly progressive taxation.

Capitalist Solutions

Author : Andrew Bernstein
Publisher : Routledge
Page : 253 pages
File Size : 44,6 Mb
Release : 2017-09-08
Category : Business & Economics
ISBN : 9781351530101

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Capitalist Solutions by Andrew Bernstein Pdf

The US is facing enormous challenges as it enters the second decade of the twenty-first century. Some of these major issues are environmentalism and its claim of global warming; the danger from terrorism generated by Islamic fundamentalism; and affordable, quality health care. Additionally, education in America remains an unresolved dilemma contributing to America's lack of economic competitiveness. Andrew Bernstein argues that the US government is pushing the nation toward socialism in its attempt to resolve America's problems. The government's increasing control of the banking industry, its massive bailouts of auto makers, and its proposal of emissions legislation are also examples of the expansion of government's power. Bernstein argues that whatever the intentions of the government, or its illusions about the workability of its proposals, morally upright and practical solutions can only come from moving to the opposite end of the political-economic spectrum: the establishment of laissez-faire capitalism. In Atlas Shrugged, and in her non-fiction works, Ayn Rand developed a systematic body of thought, a comprehensive philosophy she dubbed "Objectivism." This philosophy has been neglected by most professional intellectuals, but it is now beginning to be seriously studied in academic philosophy departments. Objectivism provides the moral and philosophic validation of the political-economic principles of individual rights and free markets. Analysis of today's gravest social and political issues within this philosophic framework, as undertaken by Bernstein in this volume, constitutes a unique way of identifying rational solutions to these pressing issues.