The Moralization of the markets / Nico Stehr, Christoph Henning and Bernd Weiler
Material type:
TextPublication details: New Brunswick : Transaction Publishers, 2010Description: xiii, 365 p. 23 cmISBN: - 9781412810890
- 174 STE
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Calcutta | 174 STE (Browse shelf(Opens below)) | Available | IIMC-129376 |
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| 174 SCH The contribution of fiction to organizational ethics | 174 SED Economics of good and evil : | 174 SHA Value management in professions : | 174 STE The Moralization of the markets / | 174 TUR The moral rhetoric of political economy : | 174 ULR Integrative economic ethics : | 174 WHI Ethics and economics : |
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 signifi cant 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.
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