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The great tradeoff : confronting moral conflicts in the era of globalization / Steven R. Weisman.

By: Material type: TextTextSeries: Peterson Institute for International EconomicsPublisher: Washington, DC : Peterson Institute for International Economics, [2016]Copyright date: ©2016Description: 1 online resource (xi, 259 pages) : illustrationsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9780881326963
  • 0881326968
Subject(s): Genre/Form: Additional physical formats: Print version:: Great tradeoff.DDC classification:
  • 172 23
LOC classification:
  • HB72 .W445 2016
Online resources:
Contents:
Introduction -- Liberty and justice -- Contemporary debates about liberty and equality -- The morality of moral hazard, part I -- The morality of moral hazard, part II -- Cosmopolitans vs. communitarians -- Loyalty: obligations to community, national and global welfare -- Conclusion: sorting out liberty, justice, virtue and loyalty.
Summary: The global financial and economic crisis that began in 2008 has blasted livelihoods, inspired protests, and toppled governments. It has also highlighted the profound moral concerns long surrounding globalization. Did materialist excess, doctrinaire embrace of free trade and capital flows, and indifference to economic injustice contribute to the disaster of the last decade? Was it ethical to bail out banks and governments while innocent people suffered?In this blend of economics, moral philosophy, history, and politics, Steven R. Weisman argues that the concepts of liberty, justice, virtue, and loyalty help to explain the passionate disagreements spawned by a globally integrated economy.
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Includes bibliographical references (pages 193-246) and index.

Introduction -- Liberty and justice -- Contemporary debates about liberty and equality -- The morality of moral hazard, part I -- The morality of moral hazard, part II -- Cosmopolitans vs. communitarians -- Loyalty: obligations to community, national and global welfare -- Conclusion: sorting out liberty, justice, virtue and loyalty.

Print version record.

The global financial and economic crisis that began in 2008 has blasted livelihoods, inspired protests, and toppled governments. It has also highlighted the profound moral concerns long surrounding globalization. Did materialist excess, doctrinaire embrace of free trade and capital flows, and indifference to economic injustice contribute to the disaster of the last decade? Was it ethical to bail out banks and governments while innocent people suffered?In this blend of economics, moral philosophy, history, and politics, Steven R. Weisman argues that the concepts of liberty, justice, virtue, and loyalty help to explain the passionate disagreements spawned by a globally integrated economy.

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