Economics, Ethics and Power

From Behavioural Rules to Global Structures

Hasse Ekstedt

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Hardback

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English

Routledge
16 July 2018

Ethics & moral philosophy; Economic theory & philosophy; Political economy; Economic history

Series: Routledge Frontiers of Political Economy

"Economic theory in its neoclassical form is sometimes regarded as free from values; it is simply the theory of economic exchange. This can only hold true if we accept the idea of ""Homo Economicus"" and the equilibrium economy. But in the real world, away from neoclassical models, there is no intrinsic stability as such. Instead, stability is created by the surrounding social, cultural and political structures. Clearly, it is imperative that ethics features in the analysis of these economic and socio-political structures.

Drawing on Aristotle, Kant, Hume and others, this book conceptualizes the analysis of ethics and economic and social structures. It first considers the key philosophical underpinnings and categories which frame the discussion of ethics in economic theory and then considers individual ethics, social action, financial structures and war. Throughout, ethics are examined in a multicultural context with structural complexities, and the difficulties in finding a coherent set of ethics which provides social cohesion and an open society are considered. A key part of this is the comparison of two ethical principles which can be adopted by societies: ius soli or loyalty to constitution, and ius sanguinis or loyalty to ""Blood and Soil"". The latter is argued to lead to problems of Us and the Other.

Introducing the possibility of integrating microscopic ethics into socio-political structures and proposing the eventual existence of a global ethics, this volume is a significant contribution to the emerging literature on economics, social structures and ethics. It will be of particular interest to those working in business and public administration and who have an education in socio-economic areas, but it also has a broad appeal to students and academics in the social sciences."

By: Hasse Ekstedt
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9781138281028
ISBN 10: 1138281026
Series: Routledge Frontiers of Political Economy
Pages: 288
Publication Date: 16 July 2018
Audience: College/higher education , Primary , A / AS level
Format: Hardback
Publisher's Status: Active

Hasse Ekstedt is a Senior Researcher at the School of Public Administration at the University of Gothenburg, Sweden.