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Ethics and the Market: Insights from Social Economics »

Book cover image of Ethics and the Market: Insights from Social Economics by Clary & Dolfsma

Authors: Clary & Dolfsma, Deborah M. Figart (Editor), Wilfred Dolfsma
ISBN-13: 9780415394611, ISBN-10: 0415394619
Format: Hardcover
Publisher: Taylor & Francis, Inc.
Date Published: August 2006
Edition: (Non-applicable)

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Author Biography: Clary & Dolfsma

Book Synopsis

Comprising cutting-edge work on the state of social economics today, this theoretically diverse book includes strong emphasis on the role of ethics, morality, identity, and society in economic theorizing.

Much existing economic theory overlooks ethics. Rather than situating the market and values at separate extremes of a continuum, Ethics and the Market contends that the two are necessarily and intimately related. This volume brings together some of the best work in the social economics tradition, with strong contributions and pedagogy, and a cross-national blend of economics, philosophy, and policy. The contributors embed the economic within the social, rather than viewing 'the economy' and 'society' as separable spheres of life activity, and in so doing, three key themes are illuminated, corresponding to the volume's tripartite structure:


  • Morality and Markets

  • Redefining the Boundaries of Economics

  • Social Economics in Transition.

Ethics and the Market illuminates the diverse and dynamic theoretical approaches that are employed in social economics, reflecting on their continuously evolving relationship with neoclassical economics. Taking an innovative approach, this integrative book challenges traditional ways of thinking, and will prove vital reading for students and academics in the fields of Economics, Sociology, Gender Studies, and Public Policy.

Table of Contents

1Introduction1
2The moral embeddedness of markets11
3Creative destruction and community26
4Borrowing alone : the theory and policy implications of the commodification of finance41
5Teaching the ethical foundations of economics : the principles course55
6The normative significance of the individual in economics : freedom, dignity, and human rights69
7The impact of identity on economics84
8The relationship between consumption and production : conceptualizing well-being inside the household98
9Social economy as social science and practice : historical perspectives on France112
10France and Quebec : the progressive visions embodied in different social economy traditions126
11Accounting for societal externalities143
12Ethnicity, democracy and economic development : a pluralist approach161
13A gender-aware approach to international finance175
14Social capital and the capability approach : a social economic theory191

Subjects