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Ethics, Economics and Social Institutions

Ethics, Economics and Social Institutions
Author: Vishwanath Pandit
Publisher: Springer
Total Pages: 169
Release: 2016-05-31
Genre: Business & Economics
ISBN: 981100899X

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The book highlights the ethical aspects and issues that are inherent to economics in the context of today’s prominent social institutions. It reviews a range of problems concerning dominant social institutions, namely markets, government agencies, corporate entities, financial networks, and religious systems. Further, in each case, the book takes a detailed look at the economic problems as they arise within a broader sociological and political environment, taking into account the respective ethical/philosophical paradigms. It analyzes from an ethical point of view topics like the evolution of economic thought, happiness and spirituality, and human values in relation to ethics.


Business, Institutions, and Ethics

Business, Institutions, and Ethics
Author: John William Dienhart
Publisher:
Total Pages: 516
Release: 2000
Genre: Business & Economics
ISBN: 9780195080803

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Business, Institutions, and Ethics: A Text with Cases and Readings is the first text to use the analysis of social institutions to examine business ethics. It explains fundamental concepts in ethics and how to apply them to business and economics. The author shows how social institutions are constituted by an integrated set of ethical, economic, and legal principles, and then uses these principles to study the ethics of commerce at the individual, organizational, and market levels. This unique work features thirty-four cases and articles that are organized into economic categories, providing a conceptual unity and flexibility not found in similar texts. The first half of the text focuses on theory, beginning with a case study that illustrates and unifies the theoretical discussions that follow. It examines market institutions, organizational structure, and individual decision making; interprets moral development as a process within institutional settings; and explains egoism, care, utilitarianism, right, and pluralistic ethical theories. It also discusses how economic analyses of markets and firms incorporate ethical principles, and argues that law reinforces ethical and economic aspects of social institutions important to the continued existence and well-being of society. The second half of the text consists of cases and articles organized by the economic categories of property, risk-reward relationships, information, and competition. Topics covered include corporate control, workplace dangers, marketing, and manufacturing relocation. Applicable in both business schools and philosophy departments, Business, Institutions, and Ethics shows how ethical principles can help us gather, sort, and interpret information necessary for making sound business decisions. Ideal for courses in business ethics and business and society, it is also a valuable reference for business professionals and philosophers.


Social Norms and Economic Institutions

Social Norms and Economic Institutions
Author: Kenneth J. Koford
Publisher: University of Michigan Press
Total Pages: 272
Release: 1991
Genre: Business & Economics
ISBN: 9780472102426

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Examines the role of values and social norms in the functioning of economic institutions


Ethics and Economics

Ethics and Economics
Author: Johan Graafland
Publisher: Routledge
Total Pages: 287
Release: 2021-09-30
Genre: Business & Economics
ISBN: 1000416615

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This textbook applies economic ethics to evaluate the free market system and enables students to examine the impact of free markets using the three main ethical approaches: utilitarianism, principle-based ethics and virtue ethics. Ethics and Economics systematically links empirical research to these ethical questions, with a focus on the core topics of happiness, inequality and virtues. Each chapter offers a recommended further reading list. The final chapter provides a practical method for applying the different ethical approaches to morally evaluate an economic policy proposal and an example of the methodology being applied to a real-life policy. This book will give students a clear theoretical and methodological toolkit for analyzing the ethics of market policies, making it a valuable resource for courses on economic ethics and economic philosophy.


Human Action, Economics, and Ethics

Human Action, Economics, and Ethics
Author: Javier Aranzadi
Publisher: Springer
Total Pages: 60
Release: 2018-01-22
Genre: Business & Economics
ISBN: 3319739123

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In the economical changing and political disturbing times we are living a question concerns us all: Is this the society I want to live in? What are the opportunities I have to pursue in my socio-cultural environment? Which echoes the ancient Greek ethical questions: What is the best city to live in? What do I want to do with my live?In this book the author goes back to the primary reality of our lives: human action. From the analysis of the anthropological elements of human action -culture, society, individual action- the book will help the reader to understand the construction of our economic reality and how to approach the perennial ethical question: How can I develop excellence in my life?


The Economic Theory of Social Institutions

The Economic Theory of Social Institutions
Author: Andrew Schotter
Publisher: Cambridge University Press
Total Pages: 0
Release: 2008-06-26
Genre: Business & Economics
ISBN: 9780521067133

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This book uses game theory to analyse the creation, evolution and function of economic and social institutions. The author illustrates his analysis by describing the organic or unplanned evolution of institutions such as the conventions of war, the use of money, property rights and oligopolistic pricing conventions. Professor Schotter begins by linking his work with the ideas of the philosophers Rawls, Nozick and Lewis. Institutions are regarded as regularities in the behaviour of social agents, which the agents themselves tacitly create to solve a wide variety of recurrent problems. The repetitive nature of the problems permits them to be described as a recurrent game or 'supergame.' The agents use these regularities as informational devices to supplement the information contained in competitive prices. The final chapter explores the applicability of this theory, first by relating it to previous work on the theory of teams, hierarchies, and non-maximizing decision theory, and then by using it to provide a new approach to a variety of questions both within and outside economics.


The Social Institutions of Capitalism

The Social Institutions of Capitalism
Author: Pursey Heugens
Publisher: Edward Elgar Publishing
Total Pages: 184
Release: 2003-01-01
Genre: Business & Economics
ISBN: 9781781950333

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Offering a diverse set of contributions to current social contracting research, this text illustrates how social contracts necessarily underlie and facilitate all forms of capitalist production and exchange.


Order Ethics: An Ethical Framework for the Social Market Economy

Order Ethics: An Ethical Framework for the Social Market Economy
Author: Christoph Luetge
Publisher: Springer
Total Pages: 366
Release: 2016-07-26
Genre: Philosophy
ISBN: 3319331515

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This book examines the theoretical foundations of order ethics and discusses business ethics problems from an order ethics perspective. Order ethics focuses on the social order and the institutional environment in which individuals interact. It is a well-established paradigm in European business ethics. The book contains articles written by leading experts in the field and provides both a concise introduction to order ethics and short summary articles homing in on specific aspects of the order-ethical paradigm. It presents contributions describing fundamental concepts, historical roots, and the economic, social, and philosophical background of the theory. The second part of the handbook focuses on the theory's application in business, society, and politics, casting new light on an array of topics that loom large in contemporary ethical discourse.​


Socio-Economics: An Interdisciplinary Approach

Socio-Economics: An Interdisciplinary Approach
Author: Beat Bürgenmeier
Publisher: Springer Science & Business Media
Total Pages: 222
Release: 2012-12-06
Genre: Business & Economics
ISBN: 9401129665

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This book is intended as a warning against the kind of hard-core liberalism which blames state intervention for the disappointing results achieved in matters of macroeconomic, competition and social welfare policy. In calling attention to the social dimension of economics, the book stresses the need for an ethical yardstick which can only be pro vided by an interdisciplinary approach to the economy. One current school of thought claims to have bridged the gap by por traying economics as both positive and normative. However, this inter pretation is inadequate. The positive aspect of economics, reflecting an approach common in the natural sciences, is based on observable facts. It highlights causal relationships and seeks to analyse economic mechanisms on the basis of available information. This has led to an emphasis on purely deductive methods, which form the basis for many of the conclusions in main stream economics. This current of thought is typified by the neoclassical school, which takes as its main premise the much-disputed hypothesis of economic rationality. Human behaviour is deemed to be rational when consumers maximize their satisfaction and producers their profits, sub ject to the constraints of income and production costs respectively. Opt imal strategies for both consumers and producers can best be determined by the mechanism of market forces.


Ethics, Efficiency, and the Market

Ethics, Efficiency, and the Market
Author: Allen E. Buchanan
Publisher: Rowman & Littlefield
Total Pages: 152
Release: 1985
Genre: Capitalism
ISBN: 9780847673964

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This clear and incisive book provides the ideal critical synthesis of the best thinking on one of the most important moral, social, and political issues of our time: the role of the market as a basic institution of social organization. It articulates the two main types of arguments for and against the market--efficiency arguments and ethical arguments--and examines their conceptual, empirical, and moral presuppositions, as well as their implications for capitalist, socialist, and market-socialist economic arragements. Among the many striking features of the argument is Buchanan's contention that the allegedly purely technical notions of efficiency current in the social science literature rest on unexamined ethical assumptions and that the ethical arguments offered by philosophers and political theorists depend upon unexamined assumptions about efficiency. Buchanan also contends that the problem of relativism for judgments comparing social systems is no less serious for efficiency claims than for ethical claims. This short, accessible book will raise the quality of the debate in both philosophy and the social sciences. It is an ideal introduction to its subject for students in political and social theory, economics, comparative politics, and philosophy.