1st Edition

Ethics and Economic Governance Using Adam Smith to understand the global financial crisis

By Chris Clarke Copyright 2016
184 Pages
by Routledge

184 Pages
by Routledge

184 Pages
by Routledge

This book seeks to explore the ethical dimensions of economic governance through an engagement with Adam Smith and a critical analysis of economistic understandings of the Global Financial Crisis. It examines ethical and political dilemmas associated with key aspects of the financialisation of Anglo-American economy and society, including systems of asset-based welfare, modern risk management and... Read more

Introduction.  Chapter 1: Engaging Adam Smith.  Chapter 2: Adam Smith’s Sympathetic Political Economy.  Chapter 3: Sympathy and Economism in Anglo-American Finance.  Chapter 4: The Regulatory Governance of Finance in Crisis.  Chapter 5: The Everyday Politics of Finance in Crisis.  Conclusion.  Bibliography

Biography

Chris Clarke is Assistant Professor in Political Economy in the Department of Politics and International Studies at the University of Warwick, UK

‘At a moment when political economists of global finance are largely preoccupied with, and frustrated by, the post-crisis regulatory response, Chris Clarke’s original intervention looks to Adam Smith to bring ethical relations and everyday politics to the centre of critical inquiry.' - Paul Langley, Durham University, UK

'Clarke’s original and important analysis shows how Adam Smith can help transcend the narrow economistic foundations of not just contemporary financial governance but also much IPE scholarship that overlooks the issues of ethics and moral philosophy that informed classical political economy.' - Eric Helleiner, University of Waterloo, Canada

'This major new study demonstrates the richness and complexity of Adam Smith’s thought and its relevance to understanding the current problems of our political economy.' - Andrew Gamble, University of Sheffield, UK