Integrative Economic Ethics: Foundations of a Civilized Market Economy

, by Peter Ulrich , Translated by James Fearns

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ISBN: 9780521877961 | 0521877962
Cover: Hardcover
Copyright: 4/7/2008

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Integrative Economic Ethics is a highly original work that progresses through a series of rational and philosophical arguments to address foundational issues concerning the relationship between ethics and the market economy. Rather than accepting market competition as a driver of ethical behaviour, the author shows that modern economies need to develop ethical principles that guide market competition, thus moving business ethics into the realms of political theory and civic rationality. This book was in its fourth edition in the original German in 2008, this English translation of Peter Ulrich's development of a fresh integrative approach to economic ethics will be of interest to all scholars and advanced students of business ethics, economics, and social and political philosophy.

List of figures	p. viii
Preface	p. ix
Translator's note	p. xii
Introduction: orientation in economic-ethical thinking	p. 1
Fundamental concepts of modern ethics and the approach of integrative economic ethics	p. 11
The phenomenon of human morality: the normative logic of interpersonal relations	p. 13
The moral disposition as part of the conditio humana	p. 13
Morals and ethos as two sides of lived morality	p. 19
Modern ethics and the problem of relativism	p. 25
The humanistic core of the moral principle: the normative logic of interpersonal relations	p. 31
The developmental stages of moral consciousness	p. 37
The moral point of view: philosophical developmental lines of rational ethics	p. 43
The Golden Rule and the Judaeo-Christian commandment to love one's neighbour	p. 44
The standpoint of the impartial spectator (Adam Smith)	p. 48
The categorical imperative (Immanuel Kant)	p. 52
The rule-utilitarian generalization criterion	p. 57
Discourse ethics	p. 62
Morality and economic rationality: integrative economic ethics as the rational ethics of economic activity	p. 79
Economic ethics as applied ethics?	p. 80
Economic ethics as normative economics?	p. 89
The integrative approach: economic ethics as critical reflection on the foundations of economic reason	p. 100
Reflections on the foundations of economic ethics I: a critique of economism	p. 111
'Inherent necessity' of competition? A critique of economic determinism	p. 115
The origins of modern market economy: the calvinistic ethos as a context of motivation	p. 116
The systemic character of modern market economy: the 'free' market as a coercive context	p. 120
The partiality of inherent necessity and the economic-ethical problem of reasonable expectation	p. 131
'Morality' of the market? A critique of economic reductionism	p. 147
Historical and doctrinal background I: the prestabilized harmony in the economic cosmos (classical period)	p. 150
Historical and doctrinal background II: the utilitarian fiction of common good (early neoclassical period)	p. 158
Methodological individualism and the normative logic of mutual advantage (pure economics)	p. 166
Reflections on the foundations of economic ethics II: rational economic activity and the lifeworld	p. 185
The question of meaning: economic activity and the good life	p. 189
The elementary sense of economic activity: securing the means of human subsistence	p. 191
The advanced meaning of economic activity: furthering the abundance of human life	p. 196
The discovery of personal meaning under conditions of competitive self-assertion	p. 207
The question of legitimation: economic activity and the just social life	p. 216
Fundamental moral rights as the ethical-political basis of legitimation	p. 220
The well-ordered society and the conditions of legitimate inequality: on John Rawls's principles of justice	p. 227
Economic citizenship rights as the basis of real freedom for all	p. 240
A topology of economic ethics: the 'sites' of morality in economic life	p. 269
Economic citizen's ethics	p. 273
The basic problem of civic ethics: liberal society and republican virtue	p. 276
Deliberative politics: the public sphere as the site of economic citizens' shared responsibility	p. 288
Professional and private life as sites of economic citizens' self-commitment	p. 303
Regulatory ethics	p. 315
The basic problem of regulatory ethics: market logic and 'vital policy'	p. 319
Deliberative order politics: the market framework as a site of morality - whose morality?	p. 341
The global question: competition of national market frameworks or supranational sites of regulatory morality?	p. 359
Corporate ethics	p. 376
The basic problem of corporate ethics: 'profit principle' and legitimate business activity	p. 379
Instrumentalist, charitable, corrective or integrative corporate ethics?	p. 398
Deliberative corporate policy-making: the 'stakeholder dialogue' as a site of business morality	p. 418
Elements of an integrative ethical programme for corporations	p. 437
Bibliography	p. 443
Index of subjects	p. 471
Index of names	p. 479
Table of Contents provided by Ingram. All Rights Reserved.

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Integrative Economic Ethics: Foundations of a Civilized Market Economy

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