The Moralization of the markets / Nico Stehr, Christoph Henning and Bernd Weiler

By:

Stehr, Nico (ed)

Contributor(s):

Material type: Text

TextPublication details: New Brunswick : Transaction Publishers, 2010Description: xiii, 365 p. 23 cmISBN:

9781412810890

Subject(s):

DDC classification:

174 STE

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Book	Calcutta	174 STE (Browse shelf(Opens below))	Available		IIMC-129376

Total holds: 0

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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