The Moralization of the Markets

by Henning,Christoph

• ISBN13: 9781412810890
• ISBN10: 1412810892
• Format: Nonspecific Binding
• Copyright: 2009-11-15
• Publisher: Routledge

Summary

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.

Author Biography

Nico Stehr is Karl Mannheim Professor of Cultural Studies at Zeppelin University, Friedrichshaten, Germany. Among his publications are The Governance of Knowledge, Biotechnology: Between Commerce and Civil Society, and Society and knowledge (all available from Transaction). Christoph Henning is currently a fellow at Zeppelin University. Bernd Weiler is a fellow at the Karl-Mannheim-Chair for Cultural Sciences at Zeppelin University.

Table of Contents

PrefaceNico StehrStehr, Nico
Introduction	p. 1
Foundations
Introduction	p. 23
Freedom without Responsibility: The Culture of the Market and the Demoralization of Social Life	p. 29
The Many Selves of "Self-Interest": Some Historical Observations on Morals and Markets	p. 53
Approaching Moral Economy	p. 77
The Moralization of the Market in Theoretical Context
Introduction	p. 101
The Ambivalent Role of Morality on Markets	p. 109
The Market: Source or Target of Morality?	p. 129
Markets, Morality, and the Auto-corrosive Tendencies of "Standard Economics"	p. 155
Social Institutions
Introduction	p. 183
A Moral Conception of Commodification	p. 193
Considering Others and Satisfying the Self: The Moral and Ethical Dimension of Modern Consumption	p. 213
Societal Transformation and Business Ethics: The Expansion of the Private Sector and its Consequences	p. 227
Case Studies
Introduction: Moralization of the Markets in the Context of Globalization	p. 257
Moralization of Product Markets: Genetically Modified Food and Tobacco Compared	p. 265
Ethics in Global Garment Market Chains	p. 287
How Workers Respond to the New Corporate Norms	p. 309
Conclusion: Moral Ambiguity	p. 327
Contributors	p. 345
Name Index	p. 353
Subject Index	p. 363
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