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Conclusion: Manifesto for Finance that Serves the Common Good

In: Finance for a Better World

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  • Observatoire Finance

Abstract

The current financial turbulence, whatever its immediate effects, is systemic in nature. It is the symptom of steadily increasing pressure that is undermining the material, social, and intellectual aspects and ethics of the liberal socioeconomic system. In a recent report, the Observatoire de la Finance carried out an extensive analysis of this transformation. There is a real risk that if pressure is not reduced, it will deflect the market economy from its primary vocation, that of promoting the dignity and well-being of humankind.

Suggested Citation

  • Observatoire Finance, 2009. "Conclusion: Manifesto for Finance that Serves the Common Good," Palgrave Macmillan Books, in: Henri-Claude Bettignies & François Lépineux (ed.), Finance for a Better World, chapter 13, pages 240-243, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-23575-5_13
    DOI: 10.1057/9780230235755_13
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