Professional Authority After The Global Financial Crisis: Defending Mammon In Anglo-america (building A Sustainable Political Economy: Speri Research & Policy)
by Malcolm Campbell-Verduyn /
2017 / English / PDF
3.8 MB Download
This book challenges amoral views of finance as the leading realm
in which mammon – wealth and profit – is pursued with little
overt regard for morality. The author details an enhanced ethical
emphasis by leading Anglo–American professionals in the aftermath
of the 2007–8 global financial crisis. Instead of merely
stressing expert knowledge, professionals sought to overcome the
alleged impossibility of serving “two masters” – mammon and God –
by embracing religious finance, socio-economic inequality,
sustainability and other overtly moral issues. Continuities in
liberal values and ideas, however, limited the impact of this
enhanced ethical emphasis to restoring the professional
authority, as well as to more fundamentally reforming of
Anglo–American finance following the most severe period of
instability since the Great Depression. Providing a nuanced
account of post-crisis change and continuity in a crucially
important industry, Campbell-Verduyn advances a dynamic,
process-based understanding of authority that will appeal to
international political economists and sociologists alike.
This book challenges amoral views of finance as the leading realm
in which mammon – wealth and profit – is pursued with little
overt regard for morality. The author details an enhanced ethical
emphasis by leading Anglo–American professionals in the aftermath
of the 2007–8 global financial crisis. Instead of merely
stressing expert knowledge, professionals sought to overcome the
alleged impossibility of serving “two masters” – mammon and God –
by embracing religious finance, socio-economic inequality,
sustainability and other overtly moral issues. Continuities in
liberal values and ideas, however, limited the impact of this
enhanced ethical emphasis to restoring the professional
authority, as well as to more fundamentally reforming of
Anglo–American finance following the most severe period of
instability since the Great Depression. Providing a nuanced
account of post-crisis change and continuity in a crucially
important industry, Campbell-Verduyn advances a dynamic,
process-based understanding of authority that will appeal to
international political economists and sociologists alike.
