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Moral categories in the financial crisis

Author

Listed:
  • Marion Fourcade

    (UC Berkeley - University of California [Berkeley] - UC - University of California)

  • 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)

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.

Suggested Citation

  • Marion Fourcade & Philippe Steiner & Wolfgang Streeck & Cornelia Woll, 2013. "Moral categories in the financial crisis," SciencePo Working papers Main hal-02384253, HAL.
    • Handle: RePEc:hal:spmain:hal-02384253
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-02384253
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    References listed on IDEAS

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    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2014. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises," Annals of Economics and Finance, Society for AEF, vol. 15(2), pages 215-268, November.
    2. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "Varieties of Crises and Their Dates," Introductory Chapters, in: This Time Is Different: Eight Centuries of Financial Folly, Princeton University Press.
    3. Claudia Senik & Holger Stichnoth & Karine Straeten, 2009. "Immigration and Natives’ Attitudes towards the Welfare State: Evidence from the European Social Survey," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 91(3), pages 345-370, May.
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