Download or read book The Ethics Recession written by Rushworth M. Kidder and published by . This book was released on 2009 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the collapse of integrity, the abandonment of responsibility, and the failures of moral courage that underlie the financial numbers - and identifies the changes in thinking needed to bring us back into balance.
Download or read book Global Financial Crisis The Ethical Issues written by N. Dobos and published by Springer. This book was released on 2011-03-04 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Financial Crisis is acknowledged to be the most severe economic downturn since the 1930s, and one that is unique in its underlying causes, its scope, and its wider social, political and economic implications. This volume explores some of the ethical issues that it has raised.
Download or read book Ethical Lessons of the Financial Crisis written by Eileen P. Flynn and published by Routledge. This book was released on 2012-08-21 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the economic crisis of 2008 it is important to ask what ethics has to say to the many stakeholders in the U.S. economy. The crisis in the financial industry, precipitated by the bursting of a bubble in the housing sector, brought the U.S. economy to the brink of a major depression. Government officials, economists and financial executives intervened to implement measures to mitigate the damage, applying their expertise and using their best judgments to rescue the economy. The actions they took required technical competence, pragmatic judgments and controversial decisions. They worked through a crisis to try to prevent a very bad situation from becoming a catastrophe. As events played out in the autumn of 2008, there was little time to reflect on how immoral conduct contributed to the crisis and how financial recovery needs to be built on an ethical foundation. The purpose of this book is to examine the role of ethics in setting things right. In taking a close look at the events of 2008 this book makes an important contribution to business ethics.
Download or read book Consequences of Economic Downturn written by M. Starr and published by Springer. This book was released on 2016-04-30 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2007-09 financial crisis and economic downturn inflicted considerable hardship on the U.S. population. This book argues that the financial crisis and ensuing recession reflected not just a malfunctioning of the financial system - but also inequalities and insecurities in access to livelihoods that favor well-off groups and leave ordinary people shouldering undue burdens of downside risk. This book, a collection of original papers by leading social economists and scholars in related fields, examines social, distributional, and ethical dimensions of the downturn. It should be of broad interest to the social-science and economic-policy communities.
Download or read book Crisis and Recovery written by Rowan Williams and published by Palgrave Macmillan. This book was released on 2010-09-23 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: World leader, the Archbishop of Canterbury and other business leaders put forward their ideas for addressing the issue of ethics in today's economy
Download or read book The Ethical Economy written by Adam Arvidsson and published by Columbia University Press. This book was released on 2013-07-23 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new, more balanced system of economic production and wealth distribution that fundamentally rethinks the definition of value.
Download or read book Ethics and the Global Financial Crisis written by Boudewijn de Bruin and published by Cambridge University Press. This book was released on 2015-02-12 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this topical book, Boudewijn de Bruin examines the ethical 'blind spots' that lay at the heart of the global financial crisis. He argues that the most important moral problem in finance is not the 'greed is good' culture, but rather the epistemic shortcomings of bankers, clients, rating agencies and regulators. Drawing on insights from economics, psychology and philosophy, de Bruin develops a novel theory of epistemic virtue and applies it to racist and sexist lending practices, subprime mortgages, CEO hubris, the Madoff scandal, professionalism in accountancy and regulatory outsourcing of epistemic responsibility. With its multidisciplinary reach, Ethics and the Global Financial Crisis will appeal to scholars working in philosophy, business ethics, economics, psychology and the sociology of finance. The many concrete examples and case studies mean that this book will also prove useful to policy-makers and regulators.
Download or read book Wall Street Values written by Michael A. Santoro and published by . This book was released on 2013 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book answers complex and perplexing questions raised by Wall Street's role in the financial crisis. What are the economic and moral connections between Wall Street and the overall economy? How did we arrive at this point in history where our most powerful financial institutions thwart rather than promote free markets, prosperity, and even social cohesion? Can the fractured relationship between Wall Street and Main Street be repaired? Wall Street Values chronicles the transformation of Wall Street's business model from serving clients to proprietary trading and explains how this shift undermined the ethical foundations of the modern financial industry. Michael A. Santoro and Ronald J. Strauss argue that post-millennial Wall Street is not only too big to fail but also a threat to the economy even when it succeeds. They describe how, more than a year before the government acknowledged the financial crisis, Wall Street icon Goldman Sachs saved itself by misleading its clients and impeding the information flow needed for the efficient functioning of free markets, thereby prolonging the mortgage bubble and adding to the financial and human cost of the crisis. They also present a nuanced critique of the government's role not only for the economic miscalculations leading to financial deregulation but also for failing to check the irrational exuberance of 2007 and 2008. Looking to the future, Santoro and Strauss make a compelling case for vigorous government enforcement of the Dodd-Frank Act in the face of Wall Street's opposition. They also argue, however, that effective government regulation is not enough; economic prosperity will be sustainable only if Wall Street professionals themselves begin an urgently needed conversation about their values and business ethics.
Download or read book The Demise of Virtue in Virtual America written by David Bosworth and published by Wipf and Stock Publishers. This book was released on 2014-08-27 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the financial disaster of 2008 proved devastatingly quick, the evolution of the bad faith that drove the collapse is a more gradual story, and one that David Bosworth powerfully narrates in The Demise of Virtue in Virtual America: The Moral Origins of the Great Recession, his sweeping history of the forces driving ethical, political, and economic change over the last sixty years. Here, Bosworth traces how the commercialization of public spaces and electronic information has created a new and enclosed American place. Chapter by chapter, he then shows how the materialist values of this Virtual America have suffused our everyday lives, co-opting the themes of our narratives, the planks of our parties, the practices of our professions, and the most intimate aspects of our personal lives, including our beliefs about God, marriage, and childcare. From Ronald Reagan and Disneyland to modern pharmacology and "prosperity theology," from the phony conservatism of Wall Street to the faux rebellion of "transgressive" art, Bosworth's alternative story of American life since 1950 relentlessly challenges today's dominant narratives--narratives that, as he reveals, made both the calamitous invasion of Iraq and the economic collapse of 2008 all too likely.
Download or read book Ethics of Money Production written by Jörg Guido Hülsmann and published by Ludwig von Mises Institute. This book was released on 2008 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ethics and Business Ethics and the Financial Crisis About Axiology and Business written by Dawid Bunikowski and published by . This book was released on 2016 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers acquaints the readers with problems of ethics and business ethics in context of the financial crisis. The article is to underline a role of ethics in business. An ethical approach is incredibly important in the economy and the business activity. There is no good economy and market without axiology in social order. There is no economy and economic activities without much deeper foundations based on moral universal values such as honesty or transparency or dignity. We should go back to papal teaching and classics of moral philosophy. I believe that we can create the real axiology including such the values. The global financial crisis is rather an axiological crisis than strictly economic because the foundations and real reasons of the financial crisis have strictly moral character. Greed, profit, fraud, misinformation, new morality of homo economicus created the new world of consumers and the structurally and institutionally hermetic world of the markets and the corporations. It is a sad but more realistic view of the corporations and economy. History of slavery is like a circle: free people became stupid consumers; free people working in corporations became its cynical or ordinary slaves, the honest became the dishonest; free people became dishonest businessmen and businesswomen, without heart, mercy and reason. The system we live is rotten (politics, law, business, media, consumerism ideology), requiring changes. We should start with moral education to make ordinary people, the citizens, who create the commonwealth, really more responsible, competent and free in choices.
Download or read book The Effects of the Recession on Attitudes Toward Business Ethics written by Lydia Segal and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This inter-temporal study compares the ethical attitudes of business students at three points: in 2001, when the economy was relatively healthy; in 2009, near the beginning of the current recession; and in 2010, when the economy was worse. Ethical attitudes were measured by replicating a popular survey consisting of 25 ethically charged vignettes. The survey measures willingness to engage in white-collar crime behaviors, some clearly illegal; others marginally unethical. Findings show an increase in tolerance for clearly illegal behaviors from 2001 to 2009 and an increase in tolerance for an even broader array of unethical acts from 2009 to 2010. As compared with 2001 respondents, 2009 respondents were more tolerant of seriously illegal behaviors but less tolerant of marginally unethical ones. In 2010, respondents were more accepting of both kinds of unethical behaviors. The results also suggest that the change in ethical attitudes from 2009 to 2010 was larger than the average annual change in ethics from 2001 to 2009. These findings are discussed within the framework of classical strain theory, Agnew's General Strain Theory, and the legitimacy of social institutions.
Download or read book The Moral Crisis in Management written by Thomas A. Petit and published by . This book was released on 1967 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Special Issue Ethics Global Finance and the Great Recession written by and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ethics and Economic Governance written by Chris Clarke and published by Routledge. This book was released on 2020-06-30 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to explore the ethical dimensions of economic governance through an engagement with Adam Smith and a critical analysis of economistic understandings of the global financial crisis. It examines ethical and political dilemmas associated with key aspects of the finaucialisation of Anglo-American economy and society, including systems of asset-based welfare, modern risk management and debt. In the wake of the financial crisis, recognition of the way in which everyday lives and life chances are tied into global finance is widespread. Yet few contributions in IPE explicitly tackle this issue as a question of ethics. By developing Adam Smith's underutilised account of how market-oriented behaviour is constituted through a process of 'sympathy', this book provides an innovative way of understanding contemporary issues of economic governance and the possibilities and limits for intervention within it. This book turns the common understanding of Smith on its head in order- to show the urgency of making better known, or making visible, the ethico-political contestation that lies at the heart of financial market relations. It will be of interest to students and scholars of IPE as well as those across the social sciences who wish to question the foundations of contemporary economy and society. Book jacket.
Download or read book The End of Ethics and A Way Back written by Theodore Roosevelt Malloch and published by Wiley. This book was released on 2013-04-29 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bestselling author and professor Ted Malloch calls for real financial reform to restore confidence and fairness to a broken system From Ponzi schemes to the credit crisis to the real estate bubble, the financial industry seems to have lost its way on the road to riches. As private greed continues to undermine the public good, one might wonder what ever happened to business ethics. And how can we reform the global financial system to benefit everyone, rather than just the very lucky few? In The End of Ethics and the Way Back, the bestselling author of Doing Virtuous Business teams up with attorney and Yale University Postdoctoral Fellow, Jordan Mamorsky to examine the most recent failures of business virtue, prudence, and governance—from Bernie Madoff to Jon Corzine and MF Global—before offering a set of structural and holistic solutions for our current ethical crisis in global finance. Features compelling case studies that reveal the saturation of economic vice in global finance Suggests structural reforms to the global financial system that would increase confidence among consumers and encourage ethical behavior among finance professionals Written by Ted Malloch, author of the bestseller Doing Virtuous Business with attorney Jordan Mamorsky Ideal for financial regulators, business students and academics, and professionals in the finance industry
Download or read book Realeconomik written by Grigoriĭ I︠A︡vlinskiĭ and published by Yale University Press. This book was released on 2011-01-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book directly confronts uncomfortable questions that many prefer to brush aside: if economists and other scholars, politicians, and business professionals understand the causes of economic crises, as they claim, then why do such damaging crises continue to occur? Can we trust business and intellectual elites who advocate the principles of Realpolitik and claim the "public good" as their priority, yet consistently favor maximization of profit over ethical issues?Former deputy prime minister of Russia Grigory Yavlinsky, an internationally respected free-market economist, makes a powerful case that the often-cited causes of global economic instability--institutional failings, wrong decisions by regulators, insufficient or incorrect information, and the like--are only secondary to a far more significant underlying cause: the failure to understand that universal social norms are essential to thriving businesses and social and economic progress. Yavlinsky explores the widespread disregard for moral values in business decisions and calls for restoration of principled behavior in politics and economic practices. The unwelcome alternative, he warns, will be a twenty-first-century global economy in the grip of unending crises.
