The Ethical Economy: Rebuilding Value After the Crisis

Adam Arvidsson Nicolai Peitersen

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The Ethical Economy: Rebuilding Value After the Crisis

The Ethical Economy Rebuilding Value After the Crisis A ethical economic system is now possible one that rectifies the crisis spots of our current downturn while balancing the injustices of extreme poverty and wealth Adam Arvidsson and Nicolai Peitersen

  • Title: The Ethical Economy: Rebuilding Value After the Crisis
  • Author: Adam Arvidsson Nicolai Peitersen
  • ISBN: 9780231152648
  • Page: 383
  • Format: Hardcover
  • A ethical economic system is now possible, one that rectifies the crisis spots of our current downturn while balancing the injustices of extreme poverty and wealth Adam Arvidsson and Nicolai Peitersen, a scholar and an entrepreneur, outline the shape such an economy might take, identifying its origins in innovations already existent in our production, valuation, andA ethical economic system is now possible, one that rectifies the crisis spots of our current downturn while balancing the injustices of extreme poverty and wealth Adam Arvidsson and Nicolai Peitersen, a scholar and an entrepreneur, outline the shape such an economy might take, identifying its origins in innovations already existent in our production, valuation, and distribution systems.Much like nineteenth century entrepreneurs, philosophers, bankers, artisans, and social organizers who planned a course for modern capitalism that was economically efficient and ethically desirable, we now have a chance to construct new instruments, institutions, and infrastructure to reverse the trajectory of a quickly deteriorating economic environment Considering a multitude of emerging phenomena, Arvidsson and Peitersen show wealth creation can be the result of a new kind of social production, and the motivation of continuous capital accumulation can exist in tandem with a new desire to maximize our social impact.Arvidsson and Peitersen argue that financial markets could become a central arena in which diverse ethical concerns are integrated into tangible economic valuations They suggest that such a common standard has already emerged and that this process is linked to the spread of social media, making it possible to capture the sentiment of value to most people They ultimately recommend how to build upon these developments to initiate a radical democratization of economic systems and the value decisions they generate.

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      383 Adam Arvidsson Nicolai Peitersen
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      Posted by:Adam Arvidsson Nicolai Peitersen
      Published :2018-06-23T00:16:06+00:00

    One thought on “The Ethical Economy: Rebuilding Value After the Crisis

    1. Ryan Sloan on said:

      This book wasn't exactly what I was expecting - I was expecting a book about ethical frameworks for evaluating morality in an economic system. This book is quite different, though related. The authors write from the point of view that our society is experiencing what they call a "value crisis" - we are unable to rigorously describe or measure value. They describe our transition from "Fordist" industrial eocnomy in which value is measured solely by labor time to a new information economy.This is [...]

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