The Ethical Economy

This book offers a thought-provoking combination of ethics and economics to propose a new value regime that will contribute to our understanding of how business can become a force for good in sustainable development. The analysis of the ethics of collaborative work will be useful to practitioners and analysts alike. -- Guido Schmidt-Traub, executive director, Sustainable Development Solutions Network, A Global Initiative for the United Nations Our mainstream economic system has been focusing on a single type of financial capital no longer capable of dealing with the multiple value streams of the emerging contributive and collaborative economy. How to measure, value, and reward contributions is a key question for solving the 'crisis of value,' yet unfortunately, literature and effort are still scarce. This book looks squarely at the value crisis and offers an analysis and proposals for an 'ethical economy.' -- Michel Bauwens, P2P Foundation This book presents a different way to create and distribute wealth. We all want to behave ethically today, but here it is shown how the ethical economy is not just a moral phenomenon. Arvidsson and Peitersen claim that it could and should be the basis for future societies. I personally recommend this book and hope it will not only stimulate positive discussions but also inspire our politicians to make the necessary decisions. -- Niels Jorgen Thogersen, honorary director general, European Commission No topic is more vital than how to rebuild trust in capitalism-yet none is more slippery. Adam Arvidsson and Nicolai Peitersen have done us all a huge favor by thinking it through so thoroughly and above all so realistically. -- Bill Emmot, former editor in chief, The Economist They are harbingers of a new paradigm Journal of Markets and Morality