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portada Civil Society and the Reform of Finance: Taming Capital, Reclaiming Virtue (Routledge Critical Studies in Finance and Stability)
Type
Physical Book
Publisher
Language
English
Pages
298
Format
Hardcover
ISBN13
9781138885691
Edition No.
1

Civil Society and the Reform of Finance: Taming Capital, Reclaiming Virtue (Routledge Critical Studies in Finance and Stability)

Charles Mcdaniel Jr. (Author) · Routledge · Hardcover

Civil Society and the Reform of Finance: Taming Capital, Reclaiming Virtue (Routledge Critical Studies in Finance and Stability) - Charles Mcdaniel Jr.

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Synopsis "Civil Society and the Reform of Finance: Taming Capital, Reclaiming Virtue (Routledge Critical Studies in Finance and Stability)"

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.

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