 From the Financial Crisis to Wise Management: The Relevance of the ‘Return to Aristotle’Jean-Jacques Rosé and François Lépineux Chapter 5 in Wise Management in Organisational Complexity, 2013, pp 68-84 from Palgrave Macmillan Abstract: Abstract Since 2007 a number of countries have been confronted with a multi-faceted financial crisis whose outcome is still unknown. The unwinding of this early twenty-first century has been marked by an ineluctable gearing: the sub-primes episode has entailed the threat of a collapse of the banking system, the disruption of the commodities market, the risk of a sovereign debt default in several European countries and the stagnation — then the recession — of some developed economies. This ruthless mechanism throws American citizens onto the street, brings governments down in Rome and in Athens, and plunges people in various countries of the South into famine, while the effects of climate change are increasingly visible. In many parts of our planet, it seems that business, financial markets and globalisation engender backward movements and growing conflicts, whereas the Age of Enlightenment had promised progress and perpetual peace. Keywords: Business Ethic; Financial Crisis; Practical Wisdom; Nicomachean Ethic; Wise Management (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-00265-5_5 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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