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by generic on Thu Jun 15th, 2017 at 06:46:38 PM EST
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by generic on Thu Jun 15th, 2017 at 06:58:24 PM EST
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How neoliberalism's moral order feeds fraud and corruption
Notably, each of the last three British Prime Ministers have at different time issued appeals for a more moral capitalism (Tony Blair and Gordon Brown), or more moral business sector (David Cameron) in response to a range of problems including bribery, high risk financial activities, interest-rate fixing and rising executive pay. That idea of simply needing more morality, or less immorality is deeply flawed.

Economic practices (including the use of deception, intimidation or violence while earning a living) are already supported by a set of specific moral views, understandings, priorities and claims. In other words, our current neoliberal economy does constitute a moral order whether we like the dominant morals or not.

by das monde on Fri Jun 16th, 2017 at 04:49:35 AM EST
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