The Great Tradeoff: Confronting Moral Conflicts in the Era of GlobalizationThe global financial and economic crisis that began in 2008 has blasted livelihoods, inspired protests, and toppled governments. It has also highlighted the profound moral concerns long surrounding globalization. Did materialist excess, doctrinaire embrace of free trade and capital flows, and indifference to economic injustice contribute to the disaster of the last decade? Was it ethical to bail out banks and governments while innocent people suffered? In this blend of economics, moral philosophy, history, and politics, Steven R. Weisman argues that the concepts of liberty, justice, virtue, and loyalty help to explain the passionate disagreements spawned by a globally integrated economy. |
Contents
Justice Justice Shalt Thou | |
Defining and Measuring Inequality | |
The Conflicts over Instilling Virtue | |
A Brief US History | |
Moral Hazard | |
Whos Afraid of Debt? Debt as a Public Policy Tool | |
The Conflicts over Loyalty | |
Grappling with the CommunitarianCosmopolitan | |
Jobs Communities | |
Who Governs? The Role of Liberal Internationalism | |
Notes | |
Bibliography | |
Acknowledgments | |
Other editions - View all
The Great Tradeoff: Confronting Moral Conflicts in the Era of Globalization Steven R. Weisman No preview available - 2016 |
The Great Tradeoff: Confronting Moral Conflicts in the Era of Globalization Steven R Weisman No preview available - 2016 |
Common terms and phrases
American argued Barack Obama benefits billion book business Cambridge capital century China citizens Clinton Communitarian community companies Congressional Research Service cosmopolitan creditors crisis critics David debate debt decades democratic Development economic growth economic justice economist equality Ethics Europe European example exports Federal foreign Fred Bergsten free markets freedom global economy government Harvard University Press help History human Ibid immigration important Income Inequality Institute for International International Economics International Monetary Fund issue jobs John John Maynard Keynes John Rawls Keynes labor Lawrence Summers liberal liberty loyalty Mexico Michael Milanović modern moral hazard multinational corporations NAFTA national NGOs number Obama organizations Paul percent Peterson Institute Pew Research Center philosopher Piketty political poor countries poverty President Princeton University Press principles programs Rawls rescue rich countries Robert sector social society study system technology theory Thomas Tradeoff trillion United virtue virtuous behavior wages Wall Street Washington workers World Bank world economy wrote York