Ethics and the Market: Insights from Social Economics

by Clary; Betsy Jane

• ISBN13: 9780415394611
• ISBN10: 0415394619
• Edition: 1st
• Format: Hardcover
• Copyright: 2006-06-13
• Publisher: Routledge

Summary

Much existing economic theory overlooks ethics. Rather than situating the market and values at separate extremes of a continuum,Ethics and the Marketcontends that the two are necessarily and intimately related. This volume brings together some of the best work in the social economics tradition, with contributions on the social economy, social capital, identity, ethnicity and development, the household, externalities, international finance, capability, and pedagogy. Proceeding from an examination of the moral implications of markets, the book goes on to explore such themes as the institutional arrangements of social economies, individual and household decision-making, and economic development in a global context. Ethics and the Marketilluminates the diverse and dynamic theoretical approaches that are employed in social economics, reflecting on their continuously evolving relationship with neoclassical economics. This book will prove vital reading for students and academics inthe fields of Economics, Sociology, Gender Studies, and Public Policy.

Table of Contents

List of illustrations	vii
Notes on contributors	viii
Preface	xiv
Acknowledgments	xvi
List of abbreviations	xviii
1 Introduction	1	(8)
BETSY JANE CLARY, WILFRED DOLFSMA, AND DEBORAH M. FIGART
PART I Morality and markets	9	(58)
2 The moral embeddedness of markets	11	(15)
JENS BECKERT
3 Creative destruction and community	26	(15)
JON D. WISMAN
4 Borrowing alone: the theory and policy implications of the commodification of finance	41	(14)
GREG P. HANNSGEN
5 Teaching the ethical foundations of economics: the principles course	55	(14)
JONATHAN B. WIGHT
PART II Redefining the boundaries of economics	67	(74)
6 The normative significance of the individual in economics: freedom, dignity, and human rights	69	(15)
JOHN B. DAVIS
7 The impact of identity on economics	84	(14)
MIRIAM TESCHL
8 The relationship between consumption and production: conceptualizing well-being inside the household	98	(14)
ELIZABETH OUGHTON AND JANE WHEELOCK
9 Social economy as social science and practice: historical perspectives on France	112	(14)
DANIELE DEMOUSTIER AND DAMIEN ROUSSELIÈRE
10 France and Quebec: the progressive visions embodied in different social economy traditions	126	(15)
CAROLS BIEWENER
PART III Social economies in transition	141	(63)
11 Accounting for societal externalities	143	(18)
LAURA MCCANN
12 Ethnicity, democracy and economic development: a pluralist approach	161	(14)
MANUEL BRANCO
13 A gender-aware approach to international finance	175	(16)
TONIA L. WARNECKE
14 Social capital and the capability approach: a social economic theory	191	(13)
ALEXANDRE L BERTIN AND NICOLAS SIRVEN
Index	204