The Moralization of the Markets

Business & Finance, Business Reference, Business Ethics
Cover of the book The Moralization of the Markets by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781351479165
Publisher: Taylor and Francis Publication: July 12, 2017
Imprint: Routledge Language: English
Author:
ISBN: 9781351479165
Publisher: Taylor and Francis
Publication: July 12, 2017
Imprint: Routledge
Language: English

Nothing affects the modern economy (and society) more than decisions made in the market place, 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 significant 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 volume will be of interest to sociologists, economists, social scientists, and the general consumer alike.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Nothing affects the modern economy (and society) more than decisions made in the market place, 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 significant 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 volume will be of interest to sociologists, economists, social scientists, and the general consumer alike.

More books from Taylor and Francis

Cover of the book Crisis Management Strategy by
Cover of the book Popular Film and Television Comedy by
Cover of the book The Identity in Question by
Cover of the book Conducting Terrorism Field Research by
Cover of the book Architecture's Pretexts by
Cover of the book The End of the First Indochina War by
Cover of the book Psychopathology and Psychotherapy by
Cover of the book Narrative by Numbers by
Cover of the book Intellectual Property Policy, Law and Administration in Africa by
Cover of the book The History of Africa by
Cover of the book The Frankfurt School by
Cover of the book Boundaries, Identity and belonging in Modern Judaism by
Cover of the book The Lender of Last Resort by
Cover of the book Boredom Studies Reader by
Cover of the book The Development of Saudi-Iranian Relations since the 1990s by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy