Efforts to resolve the recent financial crisis have obscured a more deeply rooted financialization crisis that impacts not only the market economy but also the vital civic and moral traditions that support it. This book reveals the cultural influence of finance in reshaping the foundations of American civil society and proposes a return to certain first principles of the Republic to restore the nation's economic vision. This book demonstrates how funding concerns and financial incentives revalue faith traditions, educational institutions, non-profit organizations, and even the nation's healthcare system in ways that are eroding the diversity of American culture. These changes also undermine the ethical framework of both democratic government and the free-market system. While financial influence has diminished the value of civil society, this book proposes that revitalized intermediary institutions still offer the best path forward in restoring the financial sector and, more broadly, enriching the American competitive ethic toward development of a more virtuous economy. The book is written for an academic and professional audience, offering a blueprint for the involvement of civil society with government in providing more communally integrated oversight that could contribute to a genuine democratization of finance.
Product Identifiers
Publisher
Taylor & Francis Ltd
ISBN-13
9781138885691
eBay Product ID (ePID)
212526986
Product Key Features
Author
Charles Mcdaniel, Jr.
Publication Name
Civil Society and the Reform of Finance: Taming Capital, Reclaiming Virtue
Format
Hardcover
Language
English
Subject
Economics, Accounting
Publication Year
2015
Type
Textbook
Number of Pages
286 Pages
Dimensions
Item Height
234mm
Item Width
156mm
Item Weight
567g
Additional Product Features
Title_Author
Charles Mcdaniel, Jr.
Series Title
Routledge Critical Studies in Finance and Stability
Country/Region of Manufacture
United Kingdom
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