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Economics, Ethics and Power - From Behavioural Rules to Global Structures (Paperback)
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Economics, Ethics and Power - From Behavioural Rules to Global Structures (Paperback)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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Economic theory in its neoclassical form is sometimes regarded as
free from values; it is simply the theory of economic exchange.
This can only hold true if we accept the idea of "Homo Economicus"
and the equilibrium economy. But in the real world, away from
neoclassical models, there is no intrinsic stability as such.
Instead, stability is created by the surrounding social, cultural
and political structures. Clearly, it is imperative that ethics
features in the analysis of these economic and socio-political
structures. Drawing on Aristotle, Kant, Hume and others, this book
conceptualizes the analysis of ethics and economic and social
structures. It first considers the key philosophical underpinnings
and categories which frame the discussion of ethics in economic
theory and then considers individual ethics, social action,
financial structures and war. Throughout, ethics are examined in a
multicultural context with structural complexities, and the
difficulties in finding a coherent set of ethics which provides
social cohesion and an open society are considered. A key part of
this is the comparison of two ethical principles which can be
adopted by societies: ius soli or loyalty to constitution, and ius
sanguinis or loyalty to "Blood and Soil". The latter is argued to
lead to problems of Us and the Other. Introducing the possibility
of integrating microscopic ethics into socio-political structures
and proposing the eventual existence of a global ethics, this
volume is a significant contribution to the emerging literature on
economics, social structures and ethics. It will be of particular
interest to those working in business and public administration and
who have an education in socio-economic areas, but it also has a
broad appeal to students and academics in the social sciences.
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