Morality, Crisis and Capitalism

Morality, Crisis and Capitalism PDF Author: Jean-Paul Baldacchino
Publisher: Berghahn Books
ISBN: 1800736126
Category : Social Science
Languages : en
Pages : 204

Book Description
'May you live in interesting times’ was made famous by Sir Austen Chamberlain. The premise is that ‘interesting times’ are times of upheaval, conflict and insecurity - troubled times. With the growing numbers of displaced populations and the rise in the politics of fear and hate, we are facing challenges to our very ‘species-being’. Papers in the volume include ethnographic studies on the ‘refugee crisis’, the ‘financial crisis’ and the ‘rule of law crisis' in the Mediterranean as well as the crisis of violence and hunger in South America.

Moral Capitalism

Moral Capitalism PDF Author: Steven Pearlstein
Publisher: Macmillan + ORM
ISBN: 1250185998
Category : Business & Economics
Languages : en
Pages : 197

Book Description
"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?

Capitalism

Capitalism PDF Author: John Plender
Publisher: Biteback Publishing
ISBN: 1849549575
Category : Business & Economics
Languages : en
Pages : 205

Book Description
Capitalism has lifted millions out of poverty. Under its guiding hand, living standards throughout the Western world have been transformed. Further afield, the trail blazed by Japan is being followed by other emerging market countries across the globe, creating prosperity on a breathtaking scale. And yet, capitalism is unloved. From its discontents to its outright enemies, voices compete to point out the flaws in the system that allow increasingly powerful elites to grab an ever larger share of our collective wealth. In this incisive, clear-sighted guide, award-winning Financial Times journalist John Plender explores the paradoxes and pitfalls inherent in this extraordinarily dynamic mechanism - and in our attitudes to it. Taking us on a journey from the Venetian merchants of the Renaissance to the gleaming temples of commerce in 21st-century Canary Wharf via the South Sea Bubble, Dutch tulip mania and manic-depressive gambling addicts, Plender shows us our economic creation through the eyes of philosophers, novelists, poets, artists and divines. Along the way, he delves into the ethics of debt; reveals the truth about the unashamedly materialistic artistic giants who pioneered copyrighting; and traces the path of our instinctive conviction that entrepreneurs are greedy, unethical opportunists, hell-bent on capital accumulation, while manufacturing is innately virtuous. Thoughtful, eloquent and above all compelling, Capitalism is a remarkable contribution to the enduring debate.

Ethical Capitalism

Ethical Capitalism PDF Author: Patrick Fridenson
Publisher: University of Toronto Press
ISBN: 1487512376
Category : History
Languages : en
Pages : 240

Book Description
Shibusawa Eiichi (1840–1931) was a Japanese banker and industrialist who spearheaded the modernization of Japanese industry and finance during the Meji Restoration. He founded the first modern bank in Japan and his reforms introduced double entry accounting and joint-stock corporations to the Japanese economy. Today, he is known as the “father of Japanese capitalism.” Ethical Capitalism is a volume of essays that tackles the thought, work, and legacy of Shibusawa Eiichi and offers international comparisons with the Japanese experience. Eiichi advocated for gapponshugi, a principle that emphasized developing the right business, with the right people, in service to the public good. The contributors build a historical perspective on morality and ethics in the business world that, unlike corporate social responsibility, concentrates on the morality inside firms, industries, and private-public partnerships. Ethical Capitalism is not only a timely work; it is a necessary work, in a rapidly globalizing world where deregulation and lack of oversight risk repeating the financial, environmental, and social catastrophes of the past.

The Future of Capitalism

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

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 Enduring Tension

The Enduring Tension PDF Author: Donald J. Devine
Publisher: Encounter Books
ISBN: 1641771526
Category : History
Languages : en
Pages : 314

Book Description
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 Unbound

Capitalism Unbound PDF Author: Andrew Bernstein
Publisher: University Press of America
ISBN: 0761849696
Category : History
Languages : en
Pages : 146

Book Description
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.

Moralizing Capitalism

Moralizing Capitalism PDF Author: Stefan Berger
Publisher: Springer
ISBN: 3030205657
Category : History
Languages : en
Pages : 329

Book Description
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.

The Ethics of Capitalism

The Ethics of Capitalism PDF Author: Daniel Halliday
Publisher: Oxford University Press, USA
ISBN: 0190096209
Category : Philosophy
Languages : en
Pages : 289

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.

Capitalism with Morality

Capitalism with Morality PDF Author: D. W. Haslett
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 304

Book Description
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.