Principles of Ethical Economy

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 and certain principles of religion and traditional virtue - that avarice is a vice, that the exact...

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Bibliographic Details
Main Author: Koslowski, P.
Format: eBook
Language:English
Published: Dordrecht Springer Netherlands 2001, 2001
Edition:1st ed. 2001
Series:Issues in Business Ethics
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
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505 0 |a 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 --  
505 0 |a Index of Subjects 
505 0 |a 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 --  
505 0 |a 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 --  
505 0 |a 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 --  
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653 |a Moral Philosophy and Applied Ethics 
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520 |a 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 and certain principles of religion and traditional virtue - that avarice is a vice, that the exaction of usury is a misde­ meanour. . . . We shall once more value ends above means and prefer the good to the useful" ("Economic Possibilities for Our Grandchildren," pp. 371-72). In the year 1930 Keynes regarded these prospects as realizable only after a time span ofone hundred years, ofwhich we have now achieved more than half. The pres­ ent book does not share Keynes's view that the possibility of an integration of ethics and economics is dependent exclusively on the state of economic devel­ opment, though this integration is certainly made easier by an advantageous total economic situation. The conditions of an economy that is becoming post­ of ethics, cultural industrial and post-modern are favorable for the unification theory, and economics. Economic development makes a new establishment of economic ethics and a theory ofethical economy necessary. Herdecke and Hanover, October 1987 P. K. TABLE OF CONTENTS Foreword v Introduction . 0. 1. Ethical Economy and Political Economy . . 0. 1. 1. Ethical Economy as Theory ofthe Ethical Presuppositions of the Economy and Economic Ethics 3 0. 1. 2