Moral categories in the financial crisis

Marion Fourcade, Philippe Steiner (), Wolfgang Streeck and Cornelia Woll ()
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Philippe Steiner: GEMAS - Groupe d'étude des méthodes de l'analyse sociologique - UP4 - Université Paris-Sorbonne - CNRS - Centre National de la Recherche Scientifique
Wolfgang Streeck: Max Planck Institute for the Study of Societies - Max-Planck-Gesellschaft
Cornelia Woll: CEE - Centre d'études européennes et de politique comparée (Sciences Po, CNRS) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique

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Abstract: Karl Marx observed long ago that all economic struggles invite moral struggles, or masquerade as such. The reverse may be true, too: deep moral–political conflicts may be waged through the manipulation of economic resources and the design of policy devices. Using the recent financial and Eurozone crises as empirical backgrounds, the short papers presented here by Philippe Steiner, Cornelia Woll, Wolfgang Streeck and Marion Fourcade propose four different perspectives on the play of moral judgments in the economy and call for a broader and more systematic scholarly engagement with this issue. Focusing on executive compensation, bank bailouts and the sovereign debt crisis, the discussion forum builds on a roundtable discussion held at the opening of the Max Planck Sciences Po Center on Coping with Instability in Market Societies (MaxPo) in Paris on November 29, 2012.

Keywords: Financial crises; Social values; Financial markets; Economic sociology (search for similar items in EconPapers)
Date: 2013-07
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-02384253v1
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Citations: View citations in EconPapers (5)

Published in Socio-Economic Review, 2013, 11 (3), pp.601 - 627

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Related works:
Working Paper: Moral Categories in the Financial Crisis (2013)
Working Paper: Moral categories in the financial crisis (2013)
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