Are Markets Moral?

Are Markets Moral?

Description

Despite the remarkable achievements of free markets-their rapid spread around the world and success at generating economic growth-they tend to elicit anxiety. Creative destruction and destabilizing change provoke feelings of powerlessness in the face of circumstances that portend inevitable catastrophe. Thus, from the beginning, capitalism has been particularly stimulative for the growth of critics and doomsayers. While early analysts such as Karl Marx primarily emphasized an impending economic disaster, in recent years the economic critique of capitalism has receded in favor of moral and environmental concerns. At the heart of this collection of original essays lies the question: does morality demand that we adopt a primarily supportive or critical stance toward capitalism? Some contributors suggest that the foundational principles of the capitalist system may be at odds with the central requirements of morality, while others wonder whether the practical workings of markets slowly erode moral character or hinder the just distribution of goods. Still others consider whether morality itself does not demand the economic freedom constitutive of the capitalist system. The essays in Are Markets Moral? represent a broad array of disciplines, from economics to philosophy to law, and place particular emphasis on the experiences of non-Western countries where the latest chapters in capitalism's history are now being written. Contributors: Andrew S. Bibby, Gurcharan Das, Richard A. Epstein, Fonna Forman, Robert P. George, Steven J. Kautz, Peter Augustine Lawler, Steven Lukes, Deirdre Nansen McCloskey, Peter McNamara, Arthur M. Melzer, John Tomasi.

Download Are Markets Moral? (9780812250527).pdf, available at smadeo.com for free.

Details

Author(s)
Arthur M. Melzer, Steven J. Kautz
Format
Hardback | 256 pages
Dimensions
152 x 229 x 25.4mm | 498.95g
Publication date
21 Sep 2018
Publisher
University of Pennsylvania Press
Publication City/Country
Pennsylvania, United States
Language
English
ISBN10
0812250524
ISBN13
9780812250527