Description

Since the beginning of capitalism-with its mathematical equations and laws of supply and demand-its champions have claimed that studying the moral aspects of the theory interfere with its natural function. Yet, as this ethicist and theologian argues, economies are always deeply integrated in social relationships, in morality, and in ethics. Using historical examples, the book argues that when economically hard-pressed people come together to defend their common rights, they are giving voice to the principle of a moral economy that does not cheat the lower classes. Particular attention is paid to the 18th-century English food riots, the spontaneous resistance of 20th-century Malaysian farmers, and the North Americans who picketed the homes of Wall Street bankers in 2008 and 2009.

Rumours of a Moral Economy

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£18.95

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Paperback / softback by Christopher Lind

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Since the beginning of capitalism-with its mathematical equations and laws of supply and demand-its champions have claimed that studying the... Read more

    Publisher: Fernwood Publishing Co Ltd
    Publication Date: 01/02/2011
    ISBN13: 9781552663738, 978-1552663738
    ISBN10: 1552663736

    Number of Pages: 144

    Non Fiction , Politics, Philosophy & Society

    Description

    Since the beginning of capitalism-with its mathematical equations and laws of supply and demand-its champions have claimed that studying the moral aspects of the theory interfere with its natural function. Yet, as this ethicist and theologian argues, economies are always deeply integrated in social relationships, in morality, and in ethics. Using historical examples, the book argues that when economically hard-pressed people come together to defend their common rights, they are giving voice to the principle of a moral economy that does not cheat the lower classes. Particular attention is paid to the 18th-century English food riots, the spontaneous resistance of 20th-century Malaysian farmers, and the North Americans who picketed the homes of Wall Street bankers in 2008 and 2009.

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