Moral Categories in the Financial Crisis

Socio-Economic Review, Vol 1, 2013, 601-627

MaxPo Discussion Paper 13/1

33 Pages Posted: 3 Aug 2013

See all articles by Marion Fourcade

Marion Fourcade

University of California, Berkeley - Department of Sociology

Philippe Steiner

University of Paris-Sorbonne; Institut Universitaire de France

Wolfgang Streeck

Max Planck Institute for the Study of Societies

Cornelia Woll

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for the Study of Societies; Sciences Po Paris

Date Written: November 29, 2012

Abstract

Karl Marx observed long ago that all economic struggles invite moral struggles, or masquerade as such. The reverse may be true as well: deep moral-political conflicts may be waged through the manipulation of economic resources. Using the recent financial and Eurozone crises as empirical backgrounds, the four papers gathered here propose four different perspectives on the play of moral judgments in the economy, and call for broader and more systematic scholarly engagement with this issue. Focusing on executive compensation, bank bailouts, and the sovereign debt crisis, the symposium builds on a roundtable discussion held at the opening of the Max Planck Sciences Po Center on Coping with Instability in Market Societies (MaxPo) in Paris on November 29, 2012.

Suggested Citation

Fourcade, Marion and Steiner, Philippe and Streeck, Wolfgang and Woll, Cornelia and Woll, Cornelia, Moral Categories in the Financial Crisis (November 29, 2012). Socio-Economic Review, Vol 1, 2013, 601-627, MaxPo Discussion Paper 13/1, Available at SSRN: https://ssrn.com/abstract=2298614

Marion Fourcade (Contact Author)

University of California, Berkeley - Department of Sociology ( email )

410 Barrows Hall
Berkeley, CA 94720
United States

Philippe Steiner

University of Paris-Sorbonne ( email )

21, Rue Broca
Paris Cedex 05, 75005
France

Institut Universitaire de France

103, bld Saint-Michel
75005 Paris
United States

Wolfgang Streeck

Max Planck Institute for the Study of Societies ( email )

Paulstr. 3
Cologne, 50676
Germany

HOME PAGE: http://www.mpifg.de/people/ws/index_de.asp

Cornelia Woll

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for the Study of Societies ( email )

Paulstr. 3
50676 Koln
Germany

Sciences Po Paris ( email )

27, rue Saint-Guillaume
Paris, 75007
France

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