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Principles of Ethical Economy

Author: Peter Koslowski
Publisher: Dordrecht : Springer Netherlands, 2001.
Series: Issues in business ethics, 17.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
The theory of ethical economy analyses the ethical presuppositions of the market economy. It demonstrates that ethics is the pre-coordination in the motives of the economic agents anteceding the coordination of the price system in the market process. Ethical economy develops a positive theory of economic, ethical, and religious coordination of self-interested action described as a super-assurance game of prisoners'  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Peter Koslowski
ISBN: 9789401009560 9401009562
OCLC Number: 851390979
Description: 1 online resource (296 pages).
Contents: 0.1. Ethical Economy and Political Economy --
0.2. Why the Interest in Economic Ethics Today? --
0.3. Overview of the Structure of the Book --
0.4. Missing Mediation of Economics and Ethics in Modernity --
Ethical Economy as Post-Modern Economics --
1. Economics, Ethics, and Religion: Positive Theory of the Coordination of Self-Interested Actions --
1.1. Internalization of Side Effects and Inclusion of Persons Affected as Criteria of Social Coordination --
1.2. Private Vices --
Public Benefits: The Good as Side Effect --
1.3. Economic Failure --
1.4. Ethics as Corrective for Economic Failure --
1.5. Religion as Corrective for Ethical Failure --
1.6. Self-Interest, Corporate Ethics, and Employee Motivation --
2. Economics and Ethics I: Formal Ethics --
2.1. Ethics and Economics: Global and Local Maximization --
2.2. Unifying Universalization and Exception: Ethics and Religion --
2.3. Economic, Ethical, and Religious Rationality: Extending the Limits of the Self --
2.4. Rationality and Coordination --
2.5. Ethics as Fonn of Social Coordination --
2.6. Ethics and Religion as Ways of Increasing Economic Rationality and Coordination --
2.7. Fonnality and Materiality --
3. Economics and Ethics II: Substantive Ethics --
3.1. Ethical and Economic Theories of Goods --
3.2. Experiencing Values and Understanding Cultural Meaning --
3.3. Side Effects between Experiences and Value Convictions, 'Is' and 'Ought' --
3.4. Substantive Value-Qualities and Degrees of the Publicness of Goods --
3.5. Ethics as Theory of Virtues --
3.6. The Unity of Ethics as the Theory of Duty, of Virtue, and of the Good --
3.7. Everything Worth Doing Is Worth Doing Well, or The Good as Perfection --
4. Economics and Culture --
4.1. Cultural Economics and the Cultural Philosophy of the Economy --
4.2. The Culture of Production --
4.3. The Culture of Consumption --
4.4. Technological Progress and Transformations in the Meaning of Work in Society --
4.5. Art and the Economy --
5. Economics, Ethics, and Decision Theory: The Problem of Controlling Side Effects --
5.1. The Law of Intended Side Effects in the Firm --
5.2. Side Effects as Decision Problem --
6. Economics and Ontology --
6.1. Intentional or Natural-Scientific Ontology of the Economy? --
6.2. The Inconceivability of an Objective General Equilibrium and Universal Mechanism --
6.3. The Market Economy as Teleological Mechanism --
6.4. General Equilibrium as Transcendental Ideal --
6.5. Poietic Imagination of New Possibilities in the Market Process --
6.6. The Market as Social Discourse and Process of Entelechial Coordination --
6.7. Not Value Subjectivism, but Subjective Value-Realization --
6.8. Ethical Economy or Subjective Economics as General Theory of Human Action? --
7. Economic Ethics in the Market Economy --
7.1. Does the 'Mechanism of Competition' Make Ethics Superfluous? --
7.2. Morality and Advantage: The Costs of Economic Ethics --
7.3. Morality at the Margin --
7.4. Proper Conduct and Appropriateness to the Nature of the Subject Matter in Question --
8. Commutative Justice --
8.1. Commutative Justice as Appropriateness to the Nature of the Matter of Exchange: The Equivalence Principle --
8.2. How Do We Determine What Each Person is Entitled to in Exchange? --
8.3. What Is the Basis of the Obligation to Give Each Person What Is His or Hers in Exchange? --
9. Just Price Theory --
9.1. Preliminary Historical Remark: The Significance of Early-Modem, Probabilistic Just Price Theory --
9.2. Natural Law and Forces of Nature in the Legitimation of the Price System --
9.3. What Distinguishes the Price System from Other Forms of Price Determination? --
9.4. Formal and Non-Formal or Substantive Conditions of Price Justice --
9.5. International Price Justice --
9.6. Justice as Satisfying a Criterion or as a Synopsis of Several Criteria? --
9.7. Justice in Interaction with Nature --
Conclusion: Morality and Efficiency --
Index of Persons --
Index of Subjects.
Series Title: Issues in business ethics, 17.
Responsibility: by Peter Koslowski.

Abstract:

John Maynard Keynes wrote to his grandchildren more than fifty years ago about their economic possibilities, and thus about our own: "I see us free, there- fore, to return to some of the most sure  Read more...

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