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The Ethical Economy - Rebuilding Value After the Crisis (Paperback)
Loot Price: R576
Discovery Miles 5 760
You Save: R134
(19%)
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The Ethical Economy - Rebuilding Value After the Crisis (Paperback)
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List price R710
Loot Price R576
Discovery Miles 5 760
You Save R134 (19%)
Expected to ship within 12 - 17 working days
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A more ethical economic system is now possible, one that rectifies
the crisis spots of our current downturn while balancing the
injustices of extreme poverty and wealth. Adam Arvidsson and
Nicolai Peitersen, a scholar and an entrepreneur, outline the shape
such an economy might take, identifying its origins in innovations
already existent in our production, valuation, and distribution
systems. Much like nineteenth-century entrepreneurs, philosophers,
bankers, artisans, and social organizers who planned a course for
modern capitalism that was more economically efficient and
ethically desirable, we now have a chance to construct new
instruments, institutions, and infrastructure to reverse the
trajectory of a quickly deteriorating economic environment.
Considering a multitude of emerging phenomena, Arvidsson and
Peitersen show wealth creation can be the result of a new kind of
social production, and the motivation of continuous capital
accumulation can exist in tandem with a new desire to maximize our
social impact. Arvidsson and Peitersen argue that financial markets
could become a central arena in which diverse ethical concerns are
integrated into tangible economic valuations. They suggest that
such a common standard has already emerged and that this process is
linked to the spread of social media, making it possible to capture
the sentiment of value to most people. They ultimately recommend
how to build upon these developments to initiate a radical
democratization of economic systems and the value decisions they
generate.
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