Download or read book Capitalism as a Moral System written by Spencer J. Pack and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This powerful and thoroughly documented book overturns many long-held beliefs about Adam Smith. Spencer Pack demonstrates that contrary to popular myth, Adam Smith was not a dogmatic defender of laissez-faire capitalism and neither was he in favour of regressive taxation. The book stresses for the first time the many qualms and problems - indeed the profound ambiguity - which Adam Smith felt toward the capitalist system.
Download or read book Capitalism as a Moral System written by Spencer J. Pack and published by Edward Elgar Publishing. This book was released on 1991 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study aims to demonstrate that Adam Smith was neither a dogmatic defender of laissez-faire capitalism, nor of regressive taxation. On the contrary, Smith's views could be ambigious - he advocated many activities for the capitalist state and was in favour of mildly progressive taxation.
Download or read book Moral Capitalism written by Steven Pearlstein and published by Macmillan + ORM. This book was released on 2018-09-25 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: "If anyone can save capitalism from the capitalists, it’s Steven Pearlstein. This lucid, brilliant book refuses to abandon capitalism to those who believe morality and justice irrelevant to an economic system." —Ezra Klein, founder and editor-at-large, Vox Pulitzer Prize-winning economics journalist Steven Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. With a New Introduction by the Author Thirty years ago, “greed is good” and “maximizing shareholder value” became the new mantras woven into the fabric of our business culture, economy, and politics. Although, around the world, free market capitalism has lifted more than a billion people from poverty, in the United States most of the benefits of economic growth have been captured by the richest 10%, along with providing justification for squeezing workers, cheating customers, avoiding taxes, and leaving communities in the lurch. As a result, Americans are losing faith that a free market economy is the best system. In Moral Capitalism, Pulitzer Prize-winning journalist Steven Pearlstein chronicles our descent and challenges the theories being taught in business schools and exercised in boardrooms around the country. We’re missing a key tenet of Adam Smith’s wealth of nations: without trust and social capital, democratic capitalism cannot survive. Further, equality of incomes and opportunity need not come at the expense of economic growth. Pearlstein lays out bold steps we can take as a country: a guaranteed minimum income paired with universal national service, tax incentives for companies to share profits with workers, ending class segregation in public education, and restoring competition to markets. He provides a path forward that will create the shared prosperity that will sustain capitalism over the long term. Previously published as Can American Capitalism Survive?
Download or read book The Enduring Tension written by Donald J. Devine and published by Encounter Books. This book was released on 2021-01-26 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Western civilization fashioned a capitalism that created a worldwide economic cornucopia and higher standards of living than any other system, yet its legitimacy is often questioned by its beneficiaries. Boston University Emeritus Professor Angelo M. Codevilla, proclaims Donald Devine’s The Enduring Tension between Capitalism and the Moral Order, “the best answer to this question since Adam Smith’s. Like Smith, Devine shows the mutually sustaining nature of morality and economic freedom, and provides a much-needed clearing away of the confusion with which recent authors have befogged this essential relationship.” Devine begins with Karl Marx setting capitalism’s roots in feudalism and the implications of that traditionalist inheritance, finally transformed by Rousseau’s “Christian heresy,” which turned the vision of heavenly perfection into an impossibly perfect ideal for earthly society. To unravel this capitalist enigma, Devine identifies the roots of the confusion, critiques the rationalized responses, and identifies the remedy—the revival of an historical Lockean pluralism able to fuse a moral scaffolding sufficient to hold the walls and preserve the best of capitalist civilization.
Download or read book The Ethics of Capitalism written by Daniel Halliday and published by Oxford University Press. This book was released on 2020-05-13 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can capitalism have moral foundations? Though this question may seem strange in today's world of vast economic disparities and widespread poverty, discussions originating with the birth of capitalism add a critical perspective to the current debate on the efficacy and morality of capitalist economies. Authors Daniel Halliday and John Thrasher use this question to introduce classical political philosophy as a framework by which to evaluate the ethics of capitalism today. They revisit and reconstruct historical eighteenth- and nineteenth-century defenses of capitalism, as written by key proponents such as Adam Smith and John Stuart Mill. They ask what these early advocates of market order would say about contemporary economies, and argue for the importance of connecting these foundational defenses to discussions of economic systems and the roles they play in economic justice and injustice today. The textbook covers longstanding problems that are as old as the discussion of capitalism itself, such as wage inequality, global trade, and the connection between paid labor and human flourishing. It also addresses new challenges, such as climate change, the welfare state, and competitive consumption, and provides topical global case studies. Additionally, it includes study questions at the end of each chapter and an author-created companion website to help guide classroom discussion.
Download or read book Wealth and Justice written by Peter Wehner and published by Government Institutes. This book was released on 2010-10-16 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Popular opinion would have us believe that America's free market system is driven by greed and materialism, resulting in gross inequalities of wealth, destruction of the environment, and other social ills. Even proponents of capitalism often refer to the free market as simply a 'lesser evil' whose faults are preferable to those of social democracy or communism. But what if the conventional understanding of capitalism as corrupt and unprincipled is wrong? What if the free market economy actually reinforces Christian values? In Wealth and Justice: The Morality of Democratic Capitalism, Arthur C. Brooks and Peter Wehner explore how America's system of democratic capitalism both depends upon and cultivates an intricate social web of families, churches, and communities. Far from oppressing and depriving individuals, the free market system uniquely enables Americans to exercise vocation and experience the dignity of self-sufficiency, all while contributing to the common good. The fruits of this system include the alleviation of poverty, better health, and greater access to education than at any other time in human history-but also a more significant prosperity: the flourishing of the human soul.
Download or read book Capitalism Unbound written by Andrew Bernstein and published by University Press of America. This book was released on 2010 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a concise explanation of capitalism's moral and economic superiority to socialism, including America's current mixed-economy welfare state. This volume offers a focused, essentialized, and condensed argument ideal for the layman who admires capitalism but lacking a succinct, accessible explanation of its moral and economic virtues.
Download or read book Moralizing Capitalism written by Stefan Berger and published by Springer. This book was released on 2019-07-26 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book adds a crucial focus on morality to the growing literature on the history of capitalism by exploring social and cultural perspectives on the economic order that has dominated the modern world. Taking the study beyond narrow economic confines, it traces the entanglement between moral sentiments and capitalism, examining both moral critiques and moral justifications. Company bankruptcies, systems of taxation, wealth, and the running of stock exchanges were attacked on moral grounds, while ideas of economic justice and the humanization of capitalism loomed large over moral critiques. Many movements, from antislavery to labour campaigns, were inspired by aspirations to improve capitalism and halt the moral decay that was felt to have affected large sections of society. This book questions how moral sentiments are defined and have changed over time, and how these relate to both capitalism and anti-capitalism. Covering a range of different social movements and ethical issues, the 13 chapters present a moral history of capitalism, understood not simply as an economic system but as an order that encompasses all areas of modern life.
Download or read book Capitalism Alone written by Branko Milanovic and published by Harvard University Press. This book was released on 2021-09-07 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the first time in history, the globe is dominated by one economic system. Capitalism prevails because it delivers prosperity and meets desires for autonomy. But it also is unstable and morally defective. Surveying the varieties and futures of capitalism, Branko Milanovic offers creative solutions to improve a system that isn’t going anywhere.
Download or read book The Ethics of Neoliberalism written by Peter Bloom and published by Taylor & Francis. This book was released on 2017-06-26 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 21st century is the age of "neo-liberalism" – a time when the free market is spreading to all areas of economic, political and social life. Yet how is this changing our individual and collective ethics? Is capitalism also becoming our new morality? From the growing popular demand for corporate social responsibility to personal desire for "work-life balance" it would appear that non-market ideals are not only surviving but also thriving. Why then does it seem that capitalism remains as strong as ever? The Ethics of Neoliberalism boldly proposes that neoliberalism strategically co-opts traditional ethics to ideologically and structurally strengthen capitalism. It produces "the ethical capitalist subject" who is personally responsible for making their society, workplace and even their lives "more ethical" in the face of an immoral but seemingly permanent free market. Rather than altering our morality, neoliberalism "individualizes" ethics, making us personally responsible for dealing with and resolving its moral failings. In doing so, individuals end up perpetuating the very market system that they morally oppose and feel powerless to ultimately change. This analysis reveals the complex and paradoxical way capitalism is currently shaping us as "ethical subjects". People are increasingly asked to ethically "save" capitalism both collectively and personally. This can range from the "moral responsibility" to politically accept austerity following the financial crisis to the willingness of employees to sacrifice their time and energy to make their neoliberal organizations more "humane" to the efforts by individuals to contribute to their family and communities despite the pressures of a franetic global business environment. Neoliberalism, thus, uses our ethics against us, relying on our "good nature" and sense of personal responsibility to reduce its human cost in practice. Ironically
Download or read book The Ethical Capitalist How to Make Business Work Better for Society written by Julian Richer and published by Random House. This book was released on 2018-05-24 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: __________________ *A road-map for a kinder, fairer capitalism that is fit for the 21st century* Financial Times Book of the Month ‘The founder of Richer Sounds is one of the finest entrepreneurs we have.’ Archie Norman, chairman of Marks & Spencer __________________ Capitalism has lost its way. Every week brings fresh news stories about businesses exploiting their staff, avoiding their taxes, and ripping off their customers. Every week, public anger at the system grows. Now, one of Britain’s foremost entrepreneurs intervenes to make the case for putting business back firmly in the service of society, and setting out on a new path to a kinder, fairer form of capitalism. Drawing on four decades of hands-on management experience, the founder of Richer Sounds argues that ethically run businesses are invariably more efficient, more motivated and more innovative than those that care only about the bottom line. He uncovers the simple tools that the best leaders use to make their businesses fair, revealing how others can follow suit. And he also delves into the big questions that modern capitalism has to answer if it is to survive and to thrive.
Download or read book Ethics and Capitalism written by John Douglas Bishop and published by University of Toronto Press. This book was released on 2000-01-01 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in Ethics and Capitalism address the question of ensuring ethical and just societies within a capitalist system without sacrificing productivity.
Download or read book The Morality of Capitalism written by Tom G. Palmer and published by . This book was released on 2021-09-06 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second in the "What Your Professors Won't Tell You" series of essays on political economy, this collection includes thirteen essays. Authors include Nobel Prize winners Mario Vargas Llosa and Vernon Smith, Whole Foods Market CEO and founder John Mackey, and scholars from across the globe.This book series is a project of the campus organization Students for Liberty and is intended to "offer the other side of the debate, the side that is rarely acknowledged to exist" in college courses on economics and political science. Students are encouraged to "read the best criticisms of free market capitalism . . . . Marx, Sombart, Rawls, Sandel" and then "wrestle with the arguments offered in this book, think about them, and make up your own mind."
Download or read book Capitalism written by John Plender and published by Biteback Publishing. This book was released on 2015-07-28 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capitalism has lifted millions out of poverty. Under its guiding hand, living standards throughout the Western world have been transformed. Further afield, the trail blazed by Japan is being followed by other emerging market countries across the globe, creating prosperity on a breathtaking scale. And yet, capitalism is unloved. From its discontents to its outright enemies, voices compete to point out the flaws in the system that allow increasingly powerful elites to grab an ever larger share of our collective wealth. In this incisive, clear-sighted guide, award-winning Financial Times journalist John Plender explores the paradoxes and pitfalls inherent in this extraordinarily dynamic mechanism - and in our attitudes to it. Taking us on a journey from the Venetian merchants of the Renaissance to the gleaming temples of commerce in 21st-century Canary Wharf via the South Sea Bubble, Dutch tulip mania and manic-depressive gambling addicts, Plender shows us our economic creation through the eyes of philosophers, novelists, poets, artists and divines. Along the way, he delves into the ethics of debt; reveals the truth about the unashamedly materialistic artistic giants who pioneered copyrighting; and traces the path of our instinctive conviction that entrepreneurs are greedy, unethical opportunists, hell-bent on capital accumulation, while manufacturing is innately virtuous. Thoughtful, eloquent and above all compelling, Capitalism is a remarkable contribution to the enduring debate.
Download or read book Capitalism written by Ayn Rand and published by . This book was released on 1967 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Moral Capitalism written by Stephen Young and published by Berrett-Koehler Publishers. This book was released on 2003-12-03 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world is drifting without a clear plan for its economic development. Communism is dead, but in the wake of Enron and similar scandals, many see capitalism as amoral and too easily abused. A blueprint for progress is needed and Moral Capitalism provides one. Moral Capitalism is based on principles developed by the Caux Round Table, an extraordinary international network of top business executives who believe that business can-and must-weigh both profit and principle. Caux Round Table's global chair, Stephen Young, argues that the ethical standards inherent in capitalism have been compromised by cultural values inimical to capitalism's essentially egalitarian, rational spirit, and distorted by the short-sighted dog-eat-dog doctrines of social Darwinism into what he calls brute capitalism. He demonstrates how the Caux Round Table's Seven General Principles for Business can serve as a blueprint for a new moral capitalism, and explores in detail how, if guided by these principles, capitalism is really the only system with the potential to reduce global poverty and tyranny and address the needs and aspirations of individuals, societies, and nations.
Download or read book Seven Ethics Against Capitalism written by Oli Mould and published by John Wiley & Sons. This book was released on 2021-06-15 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capitalism has become so dominant that it is difficult to ever imagine a world in which its injustices and inequalities are not violently present. In this ambitious and compelling book, Oli Mould turns his diagnosis of capitalism's perversions towards defining the new set of ethics we need to succeed in organizing a more just society. In the wake of the coronavirus pandemic, capitalism has been rocked to its foundations and 'the commons' as a means of providing for all people in our world has come crashing into the foreground. However, in order for the commons to be a viable alternative to the injustices of capitalism, it needs to be grown to a planetary scale. This is not an easy process, but if we can commit to act ethically in the world, then suddenly anything is possible. Blending theoretical thinking and real-life examples of commoning in action, Mould guides the reader through a suite of ethical mindsets – mutualism, transmaterialism, minoritarianism, decodification, slowness, failure and love – which can stand firm against capitalism's seemingly inexorable ability to co-opt and subsume all before it. When thought of collectively, these ethics can offer tantalizing visions and practical approaches towards a world beyond capitalism.
