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The Morals of the Market
The fatal embrace of human rights and neoliberalism Why did the rise of human rights in the 1970s coincide with the institutionalisation of neoliberalism? And why has the neoliberal age also been the age of human rights? Drawing on detailed archival research on the parallel histories of human rights and neoliberalism, Jessica Whyte uncovers the place of human rights in neoliberal attempts to develop a moral framework for a market society.In the wake of World War Two, neoliberals saw demands for new rights to social welfare and self-determination as threats to ‘civilisation’. Yet, rather than rejecting rights, they developed a distinctive account of human rights as tools to depoliticise c...
Ethics for Capitalists
Ethics for Capitalists offers a powerful new statement of the Market Failures Approach to business ethics. While the competitive context of the market economy provides economic actors greater freedom to pursue their interests, it also imposes moral constraints on the range of strategies they may employ. The pursuit of profit must be consistent with the overall objective of market institutions, which is to promote efficiency in the production and allocation of goods and services. Ethics for Capitalists draws out the implications of this view for business strategy, corporate governance, managerial authority, and shareholder primacy. The result is a philosophically rigorous, comprehensive approach to business ethics that will be foundational for all future reflection in the field.
The Social Crisis of Our Time
Roepke's The Social Crisis of Our Time is a series of blasts against the malformations of economics: the Nazi and Communist forms of collectivism both come in for severe criticism. Roepke shows the process by which the Western liberal tradition itself makes possible these rebellions against open economic systems. The drive toward social welfare, full employment policies, and the state management of fiscal fluctuations all lead away from free societies no less than market economies.
The Great Persuasion
Just as today's observers struggle to justify the workings of the free market in the wake of a global economic crisis, an earlier generation of economists revisited their worldviews following the Great Depression. The Great Persuasionis an intellectual history of that project. Angus Burgin traces the evolution of postwar economic thought in order to reconsider many of the most basic assumptions of our market-centered world. Conservatives often point to Friedrich Hayek as the most influential defender of the free market. By examining the work of such organizations as the Mont Pèlerin Society, an international association founded by Hayek in 1947 and later led by Milton Friedman, Burgin revea...
