Aristotle's conceptualization of chremastikè and oikonomia offers a foundational framework for understanding the distinction between an economy focused on the accumulation of wealth, as represented by chremastikè, and one that prioritizes the needs of all members of a "household," as embodied...

Commodification is the process of transforming goods or services traditionally transferred without charge into commercially exchangeable commodities. Critics argue that this transformation often entails the loss of inherent value, rendering the resulting transactions morally problematic. In...

Kapitalismus sieht sich seit je her drei moralisch artikulierten Vorwürfen ausgesetzt: Er führe (a) zur Verelendung der Arbeiter, (b) zur Zerstörung der Umwelt und (c) zum Verfall der Sitten. Zieht man empirisch Bilanz, sind nicht alle dieser Vorwürfe berechtigt, ganz im Gegenteil: (a) Im...

Circular Economy embraces opportunities and risks from an ethical perspective informed by human rights. From an ethical standpoint, the aim is to enjoy the human rights-upsides and avoid the human rights-downsides. At the same time, a conceptual compatibility characterizes the relationship...

This handbook takes stock of ‘degrowth’, a concept and movement gaining increasing visibility in the 2020s. Contributors explain contexts for degrowth’s significance, elaborate its diverse history and detail its unique approaches, practices, challenges and potential futures. Part I sets...

This study explores how individual moral philosophies influence accountants' ethical perceptions of earnings management risk, addressing the broader question of how moral reasoning interacts with the cultural environment in shaping financial reporting decisions. Although accounting standards...

The essay traces the evolution of my academic career through three stages: as a Habsburg economic historian, an anthropometric historian, and as a humanistic economist exposing the Achilles hills of mainstream economics and tracing the roots of the rise of the current right-wing populist...

There are two elements which make Smith's ethics unique as well as more universal in nature. The first is that it is a positive theory of ethics in the sense that it is not about what is intrinsically good or just as it is about the way in which people form their opinion about it. The second is...

In the Theory of Moral Sentiments, Smith argued against the account of human nature which views moral sentiments as deriving from self-love. This paper emphasises that Smith's understanding of human nature was not that it was either selfish or benevolent. Human nature consists of the ability to...

Corporate ethics and corruption have garnered academic attention in recent decades. This study aims to gain insight into the relationship between ethical commitment and corruption and examine the moderating effect of Shariah compliance on this relationship. This study used 453 Malaysian...

The Model of Intuitive Morality and Exemplars (MIME) suggests that news audiences, including investors, evaluate news based on their moral frames, and that these moral evaluations shape behavior. We extracted moral signals from 382,185 news articles across an 8-month period and examined their...

We examine nonpecuniary preferences across a broad set of corporate actions using a representative sample of the U.S. population. Our core findings, based on largescale online surveys, are that (i) self-reported nonpecuniary concerns are large both for stock market investors and non-investors;...

In this article, we seek to explore the different normative claims made around commons organizing and how the advent of the digital commons introduces new ethical questions. We do so by unpacking and categorizing the specific ethical dimensions that differentiate the commons from other forms of...

How do scholars formulate arguments about economic inequality? What is the role of empirical analysis? In what ways, if any, is the debate informed by ethical considerations? In this paper, we address these questions by evaluating one of the main arguments in Thomas Piketty’s 2014 book Capital...

This Special Issue examines ethics in fashion to further critical understanding of the various drivers and barriers, nuances and layers of complexity in fashion production, marketing, and consumption, and aims toward a more future-oriented perspective through the lens of ethics. Research on...

Drawing on the notion of ethical subjectivity (Foucault, in Fruchaud, Lorenzini (eds) Discourse and truth and parrēsia. The University of Chicago Press, 1983; Foucault, in Rabinow (ed) Essential works of Foucault 1954-84, The New Press, 1997), cognitive dissonance theory (Festinger, A theory of...