David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Ethics 16 (3):273-303 (2012)
The crisis of 2008–2009 has been viewed primarily as a financial one, which has spilled over into the economy more generally. I want to argue that there is a much deeper crisis, of which the present one is a result. The deeper crisis is political: more specifically, it is a crisis in the ideology and social ethos of the American people. I refer to what has happened to the thinking of United States citizens since the Second World War, and the dangers that that transformation entails for world peace and cooperation—let alone the creation of an economic regime in which deep financial crises do not occur. Short of a change in the ideology of a many of its citizens, I do not believe the United States can succeed in preventing a repeat performance, perhaps many encores, which become increasingly severe.
|Keywords||G. A. Cohen Economic distribution Financial crisis Justice Politics John Rawls Social ethos Incentive theory|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
G. A. Cohen (1989). On the Currency of Egalitarian Justice. Ethics 99 (4):906-944.
John Rawls (2009/2005). A Theory of Justice. In Steven M. Cahn (ed.), Exploring Ethics: An Introductory Anthology. Oxford University Press. 133-135.
John Rawls (1971/2005). A Theory of Justice. Harvard University Press.
Citations of this work BETA
No citations found.
Similar books and articles
Roger Berkowitz & Taun N. Toay (eds.) (2013). The Intellectual Origins of the Global Financial Crisis. Fordham University Press.
Armin Beverungen, Stephen Dunne & Casper Hoedemaekers (2013). The Financialisation of Business Ethics. Business Ethics 22 (1):102-117.
Clive R. Boddy (2011). The Corporate Psychopaths Theory of the Global Financial Crisis. Journal of Business Ethics 102 (2):255-259.
Xiaohe Lu (2012). Making Social Capital Produce for Society: On the US Financial Crisis and Capital Credit. [REVIEW] Asian Journal of Business Ethics 1 (1):15-34.
Ned Dobos, Christian Barry & Thomas Winfried Menko Pogge (eds.) (2011). Global Financial Crisis: The Ethical Issues. Palgrave Macmillan.
Christian Barry & Matthew Peterson (2010). Dealing Fairly with the Costs to the Poor of the Global Financial Crisis. In Iain MacNeil & Justin O'Brien (eds.), The Future of Financial Regulation. Hart.
Shalendra D. Sharma (2003). Bringing Politics Back In: Rethinking the Asian Financial Crisis and its Aftermath. Critical Review 15 (1-2):221-238.
David Colander (2010). The Economics Profession, the Financial Crisis, and Method. Journal of Economic Methodology 17 (4):419-427.
Stan du Plessis (2010). Implications for Models in Monetary Policy. Journal of Economic Methodology 17 (4):429-444.
Michael G. Titelbaum (2008). What Would a Rawlsian Ethos of Justice Look Like? Philosophy and Public Affairs 36 (3):289-322.
Eldar Sarajlic (2011). Distributive Justice in Crisis. CEU Political Science Journal 6 (3):458-483.
Christian Barry & Matt Peterson (2011). Who Should Pay for the Damage of the Global Financial Crisis? In Ned Dobos Christian Barry & Thomas Pogge (eds.), Global Financial Crisis:The Ethical Issues. Palgrave.
G. Rossouw (2012). Global Business Ethical Perspectives on Capitalism, Finance and Corporate Responsibility: The Impact of the Global Financial Crisis of 2008. [REVIEW] Asian Journal of Business Ethics 1 (1):63-72.
Added to index2011-10-19
Total downloads30 ( #65,589 of 1,413,175 )
Recent downloads (6 months)4 ( #51,713 of 1,413,175 )
How can I increase my downloads?