Are Markets Moral?

by Skidelsky, Robert

Type Book

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Title Statements

Full title :Are Markets Moral?

Summary

This volume scrutinizes the functionality of a capitalist market society, which is usually praised for the efficiency and dynamism, rather than for its morality. It addresses the dualism behind capitalism's encouragement of greed, which is usually considered to be a moral failing, while also being a driver behind economic growth. What happens to the morality of a society in which money rules the roost? In this book, over a dozen philosophers and economists come together to examine the consequences of living in a society in which exchanges between people increasingly take the form of buying and selling goods and services for money. Based on conference papers and discussions, this volume asks, in which ways does money change us? Capitalism's encouragement of greed is often considered to be its main moral failing, while also being the source of its economic energy. But this book is not solely, or even mainly, about the 'greed' of capitalism. A major theme is the contamination of moral values, including those of security and equality, by money values. Instead of the market being embedded in society, society has come to be embedded in the market. Are Markets Moral? provides an insightful debate on the morality of a capitalist market, and is essential reading for scholars and researchers of economics and ethics, and it will also appeal to policy-makers, practitioners and the interested lay reader.

Publication Statements

Publisher(s):Palgrave Macmillan Ltd
Language:eng

The Physical Object

Description:1 online resource

Edition Identifiers

ISBN:9781137472748, 113747274X, 9781137472731, 1137472731
oclc:on1229676772

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