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(2018) The Kyoto manifesto for global economics, Dordrecht, Springer.

Ethics of economics in late stage capitalism

postmodern chords

C. Edward Arrington, Grace Gonzalez Basurto

pp. 89-104

This chapter offers a multilayered critique of modern economics, global capitalism, and economic expertise through the lens of postmodern/critical theory literatures. In so doing, the chapter appeals to a radical ethic of what we term the "economic imaginary", best understood as a speakable but generally unspoken range of "voice(s)" which modern economics and global capitalism do not seek to hear. To this end, the chapter focuses on the hermeneutical horizon of economic ethics (how we are to interpret and understand economic life) in a manner which accounts for moral power as a force in the world not as a concept about the world. Lastly, the chapter articulates the challenges to modern conceptions of what the chapters in this volume seek—an intertextual milieu of economics, community, humanity and the spiritual by means of dovetailing with a modern conception of harmony. We leave the question of harmony at the doorstep of an unnamed and unspeakable 'spirituality" which is, for us, the very possibility of moral community.

Publication details

DOI: 10.1007/978-981-10-6478-4_5

Full citation:

Edward Arrington, C. , Gonzalez Basurto, G. (2018)., Ethics of economics in late stage capitalism: postmodern chords, in T. Yagi & S. Hill (eds.), The Kyoto manifesto for global economics, Dordrecht, Springer, pp. 89-104.

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