Global Financial Crisis: The Ethical Issues

Front Cover
N. Dobos, C. Barry, T. Pogge
Springer, Mar 4, 2011 - Philosophy - 195 pages
The Global Financial Crisis is acknowledged to be the most severe economic downturn since the 1930s, and one that is unique in its underlying causes, its scope, and its wider social, political and economic implications. This volume explores some of the ethical issues that it has raised.
 

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Contents

1 Introduction
1
2 Global Financial Institutions Ethics and Market Fundamentalism
24
3 The Legitimacy of the Financial System and State Capitalism
52
4 Neoliberalism Is This the End?
63
5 Ethical Investing in an Age of Excessive Materialistic SelfInterest
82
6 The Achilles Heel of CompetitiveAdversarial Systems
120
Integrity Systems Reputation and the Triangle of Virtue
132
8 Who Must Pay for the Damage of the Global Financial Crisis?
158
Index
185
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About the author (2011)

NOAM CHOMSKY Institute Professor of Linguistics at the Massachusetts Institute of Technology JOHN C. HARRINGTON President and CEO of socially responsible investing and shareholder advocacy firm Harrington Investments Inc SEUMAS MILLER Professor of Philosophy at Charles Sturt University and the Australian National University (joint position) MATT PETERSON Post-graduate fellow in the Global Justice Program at the MacMillan Center for International and Area Studies at Yale University