Nothing affects the modern economy and society more than
decisions made in the marketplace, especially, but not only,
decisions made by consumers. Although it is not startling to
suggest that decisions made in production are affected by choices
consumers make, consumers have long been viewed, not only by
academic economists, as individual, isolated rational actors that
make or refrain from purchases purely on the basis of narrow
financial considerations.
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.
The book is divided into four parts, in which the twelve
chapters, written by contributors from different social science
disciplines, deal with the context of the moralization of the
markets; the major social institutions; and present case studies
that examine European and American attitudes and behavior towards
tobacco and GMO; expansion of the private and ethics in business;
and how workers respond to the new corporate norms. This new
paperback edition will be of interest to sociologists, economists,
social scientists, and the general consumer alike.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!