This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book examines the damage done by excessive financialisation, which loses its way because of the motivation that drives its agents. It shows how financialisation displays the characteristic features of a vice from the perspectives of Aristotelian and MacIntyrean ethics as well as Catholic Social Teaching. The book explains how developments in banking mean that attention needs to be paid to the harms that can be done to the economic system itself, not just to individuals. It outlines a conceptual framework for understanding the relationship between financial incentives and moral concerns, distinguishing amongst different kinds of profit motivational sets. The book attempts to explore and explain how ethics can be thought about and promoted in banking and provides a set of useful perspectives that will stimulate better thinking about banking and business ethics after the global financial crisis.
Original languageEnglish
Title of host publicationBusiness Ethics After the Global Financial Crisis
Subtitle of host publicationLessons from The Crash
EditorsChristopher Cowton, James Dempsey, Tom Sorell
Place of PublicationNew York
Number of pages5
ISBN (Electronic)9780429447839, 9780429825897
ISBN (Print)9781138330504, 1138330507
Publication statusPublished - 12 Feb 2019

Publication series

NameRoutledge Studies in Business Ethics


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