‘Moral economy’ has become a popular concept in empirical research in disciplines such as history, anthropology, sociology and political science. This research utilizes normative concepts and has obvious normative implications and relevance. However, there has been little to no dialogue between this research and philosophers working on normative ethics. The present article seeks to remedy this situation by highlighting fertile points of dialogue between descriptive and normative ethicists. The proposition is that empirical researchers can become more precise and (...) stringent in their descriptions of moral attitudes and traditions with a greater understanding of normative ethics; and, at the same time, philosophers have much to gain from a closer examination of the realities of moral thinking and social action. The concurrent examination of both strands of research may be especially rewarding. (shrink)

We may well be witnessing a decisive event in the history of knowledge as diversity is becoming one of the premier values of late modern societies. We seek to preserve and foster biodiversity, neurodiversity, racial diversity, ethnic diversity, gender diversity, linguistic diversity, cultural diversity, and perspectival diversity. Perspectival diversity has become the passage point through which other forms of diversity must pass to become epistemically consequential. This article examines how two of its varieties, viewpoint diversity and educational diversity, have come (...) to transform the moral economy of science. Both aim at multiplying perspectives on a given subject, but their political subtexts differ markedly. The valorization of educational diversity followed a US Supreme Court decision in 1978 that enabled universities to advance social justice, if they justified race-conscious admissions in terms of the pedagogic benefits of a more diverse student body for all. By contrast, the proponents of viewpoint diversity aim at the reform of scientific knowledge production and distribution rather than the reallocation of status and power among different social groups. We examine the political epistemology of viewpoint diversity by analyzing a controversy between social psychologists who, amid the American culture wars of the 2010s, debated how to rein in their political biases in a scientific field supposedly lacking political diversity. Out of this scientific controversy grew Heterodox Academy, an activist organization promoting viewpoint diversity in higher education. By relating and comparing viewpoint and educational diversity, we clarify what is at stake epistemically in the US-centric moral economy of diversity. (shrink)

In the following pages we discuss three historical cases of moral economies in science: Drosophila genetics, late twentieth century American astronomy, and collaborations between American drug companies and medical scientists in the interwar years. An examination of the most striking differences and similarities between these examples, and the conflicts internal to them, reveals constitutive features of moral economies, and the ways in which they are formed, negotiated, and altered. We critically evaluate these three examples through the filters of (...) rational choice, utility, and American pragmatism, using the latter to support the conclusion that there is no single vision of moral economies in science and no single theory—moral, political, social—that will explain them. These filters may not be the only means through which to evaluate the moral economies examined, but aspects of each appear prominent in all three cases. In addition, explanations for decisions are often given in the language of these theories, both at the macro (policy) level and at the local level of the moral economies we discuss. In light of such factors, the use of these frameworks seems justified. We begin with an attempt to define the nature of moral economies, then move to a consideration of scientific communities as moral communities operating within material and other constraints which we relate to wider questions of political economy and societal accountabilities. (shrink)

This article traces the moral economy of provincial elites who contributed to economic societies that were active in eighteenth- and early nineteenth-century Northern Europe. Such societies aimed at improving economic conditions in their respective cities, regions, or countries by advocating progressive methods of agriculture, manufacturing, and commerce. The commitment of members of these societies was not explicitly motivated by economic gains, but by a more complex system of beliefs fueled by the love of their country and the promotion (...) of the common good. The unselfish exploration of new means of production and commercial activity was at the heart of forming a moral economy of trust that guided cooperation within the societies. This moral economy was not subordinate to market rationality, but served as a foundation upon which trust between members was based. Especially in times of crises, as illustrated by the case of Carl Christian Böcker, secretary of the Finnish Economic Society, members could fall.. (shrink)

The Moral Economies of American Authorship argues that the moral character of authors became a kind of literary property within mid-nineteenth-century America's expanding print marketplace, shaping the construction, promotion, and reception of texts as well as of literary reputations.

The significance of giving as a contemporary socio-economic practice has been obscured both by mainstream economics and by the influence of the anthropological tradition. Andrew Sayer’s concept of moral economy offers a more fruitful framework for an economic sociology of contemporary giving, and one that appears to be largely consistent with social quality approaches. This article analyzes giving from the perspective of moral economy, questioning the view that giving is a form of exchange, and opening up (...) the prospect of seeing it as the outcome of a more complex constellation of causal factors. It uses examples from the digital economy, in particular the phenomenon of open-source software, which nicely illustrates both the progressive potential of digital gifts and the ways in which they can be absorbed into the commercial economy. (shrink)

Andrew Sayer and Dave Elder-Vass are both advocates of ‘moral economy’. To this end, Elder-Vass offers a theory of appropriative practices that enables us to evaluate the enormous variety of forms...

Within thirty years of first appearing, the networked digital economy has spread its tentacles into the lives of half the population of the world, and transformed the balance of power in the commercial economy. Social theory has been slow to recognize the significance and scale of these developments, and this special issue is a contribution to redressing the balance. It is organized around the concept of moral economies: the values and norms that underpin and shape our participation (...) in larger economic structures. The digital economy today is the site of a range of competing economic models, and this is reflected in clashes between a corresponding range of moral economies. The contributors to this special issue map these tensions in examples of both gift and commodity models of economy, analyse the implications for global risk, and re-evaluate classic analytic schemes to represent these tensions. Because the economy is built on moral economies, the process of economic change is already inherently a process of debate and contestation between different moral economies, with the consequence that academic work on the ethics of the economy can influence these processes of change. (shrink)

The ethical authority carried in the conventions of fairness and human well-being has been widely adopted under the idea of “moral economy,” forming an eclectic and interdisciplinary debate. Significant, though external to this debate, is a corpus of medieval thought which exhibits a fundamental interest in legitimate market protocols, and the political rights and obligations of agents in relation to the common good of the community. This article asserts the imperative status of a customary basis for understanding not (...) just the analytic version of moral economy but the legacy contained in what might be termed the “the moral economy of Aquinas.”. (shrink)

Digital technologies have made access to and profit from scientific publications hotly contested issues. Debates over open access (OA), however, rarely extend from questions of distribution to questions of how OA is transforming the politics of academic knowledge production. This article argues that the movement towards OA rests on a relatively stable moral episteme that positions different actors involved in the economy of OA (authors, publishers, the general public), and most importantly, knowledge itself. The analysis disentangles the ontological (...) and moral side of these claims, showing how OA changes the meaning of knowledge from a good in the economic, to good in the moral sense. This means OA can be theorized as the moral economy of digital knowledge production. Ultimately, using Boltanski and Thévenot’s work on justification, the article reflects on how this moral economy frames the political subjectivity of actors and institutions involved in academic knowledge production. (shrink)

This article focuses on one dimension of the interplay of national decline and urban corruption in Rousseau's thought -- what I call Rousseau's analysis of the moral economy of the modern city. It is perhaps fitting that E.P.Thompson has used the concept of 'moral economy' to describe a popular consensus embedded in patterns of deeply rooted assumptions, belief and conduct among the urban poor in eighteenth-century England. Food riots, rooted in a belief in the customary practice (...) of sale of food at fair prices even when production was low, were a response to prices designed to achieve the greatest profit the market allowed. (shrink)

At times of crisis, existing institutional arrangements of societies are thrown into question. Crises that occur in multiple societies simultaneously present rare opportunities for comparative empirical analysis. Social theory can reveal the framing conditions of the responses to crises and the sources of variations between them. This paper compares the immediate responses of the Australian, UK and US governments to the global COVID-19 pandemic, particularly with regard to financing lockdowns, and points out significant differences between the three approaches. Drawing on (...) Polanyi’s method of institutional analysis, we compare the responses of these same national groups to an earlier crisis, the Japanese prisoner of war camps during the Second World War, to show similar patterns of integration recurring eight decades apart. This analysis shows that aspects of moral economies that are not usually apparent can become pronounced during crises, and points to the importance of enduring social imaginaries. (shrink)

This article challenges E.P. Thompson's definition of ‘moral economy’ as a traditional consensus of crowd rights that were swept away by market forces. Instead, it suggests that the concept has the potential of improving the understanding of modern civil society. Moral economy was a term invented in the eighteenth century to describe many things. Thompson's approach reflects only a minor part of this conceptual history. His understanding of moral economy is conditioned by a dichotomous (...) view of history and by the acceptance of a model according to which modern economy is not subject to moral concerns. It is on principle problematic to confine a term conjoining two concepts as general as ‘moral’ and ‘economy’ to a specific historical and social setting. Recent approaches that frame moral economy as an emotively defined order of morals are also misleading since they do not address economic issues in the way they are commonly understood. The most promising current approaches appear to be those that consider t.. (shrink)

Real living wages (RLWs) are an important ethical and moral policy to ensure that employees earn enough to live on. In providing ‘a fair day's pay for a fair day's work’, they set an ethical foundation for liveability. This article explores the ethics and moral economy of the RLW for lower-paid staff in the overlooked economy context of UK professional football, illustrated by a qualitative case study of Luton Town Football Club (LTFC). The article provides theoretical (...) insights grounded in moral economy concepts about how a RLW contributes to a broader common good means of enabling fuller human participation in decent working and living conditions. Applying these concepts using a multi-disciplinary moral economy interpretation offers deeper theoretical contributions than economistic interpretations restricted to mainly technocratic economic distributive issues. LTFC are evidently ethically embedded in a moral economy as a local community club paying a RLW, and part of the overlooked economy. The research also contributes to contemporary debates on ‘Common Good’ HRM regarding the role of living wages in addressing grand common good challenges like inequality and quality of working lives. (shrink)

The paper offers a wide-angle view of ethics and welfare through the lens of ‘moral economy’. It examines economic activities in relation to a view of welfare as well-being, and to ethics in terms of economic justice. Rather than draw upon abstract ideal theories such as Rawlsian or Capabilities approaches, it calls for an evaluation of actually existing sources of harm and benefit in neoliberal capitalism. It argues that we need to look behind economic outcomes in terms of (...) how much money different people have, examine their economic relations to others, and evaluate the justifications of these relations and their associated rights and practices. It distinguishes three sources of income – earned income, transfers, and unearned income, and argues that the last of these has no functional or ethical justification but has major implications for welfare. It then comments on the policy implications of the argument, including brief comments on asset-based welfare and universal basic income policies, and concludes. (shrink)

Neoclassical and Austrian economic theory lend support to a conception of laissez‐faire capitalism as an ideal scheme of cooperation in which individual decisions are harmonized, and income is distributed according to one's productive contribution. Keynes's critique of this conception has an often‐overlooked moral dimension, according to which the coordination problems that trouble real‐world market economies produce an arbitrary and inequitable distribution of wealth and income.

The moral economy of American medicine has been transformed by contentious innovations in organization, administration, regulation, and finance. In many settings old fee-for-service incentives and disincentives have been replaced by those of ``managed care,'' while in other settings they have been diluted or distorted. In the everyday care of patients, old and new may alternate or interact. These innovations may also be having secondary effects on participation in life-sciences research and the development and employment of new technologies, discouraging (...) collective support for preliminary investigation and delaying adoption of improved goods and services until cost-reducing potential has already been realized. This motivational complexity, particularly in its moral dimensions, is hard to address using standard assumptions and methods. I argue for different assumptions, based on the clinical behavior of individual patients rather than the market behavior of aggregated consumers, and I describe a different method, based on an old idea in political economy. I then present a new way to explain the core obligations of clinicians, researchers, and planners and to interpret the policy problems they must now share. (shrink)

This concerns the dignity and the degradation of labour. Work has great power to undermine or to foster happiness. Bernard feels the moral dimension of labour has been neglected in political theory and practice and he aims to restore productive labour to its place in moral and political debate.

Should the idea of economic man-the amoral and self-interested Homo economicus-determine how we expect people to respond to monetary rewards, punishments, and other incentives? Samuel Bowles answers with a resounding "no." Policies that follow from this paradigm, he shows, may "crowd out" ethical and generous motives and thus backfire. But incentives per se are not really the culprit. Bowles shows that crowding out occurs when the message conveyed by fines and rewards is that self-interest is expected, that the employer thinks (...) the workforce is lazy, or that the citizen cannot otherwise be trusted to contribute to the public good. Using historical and recent case studies as well as behavioral experiments, Bowles shows how well-designed incentives can crowd in the civic motives on which good governance depends. (shrink)

This article focuses on the ‘gift of aid’ and its impact upon the local moral economy in a Sri Lankan village affected by the tsunami disaster in 2004. The importance of giving, receiving, and reciprocating for the shaping and consolidation of social relations has long been recognized. The act of giving reflects one of the most basic principles of morality and has constituted a classical anthropological field of inquiry. The impact that humanitarian aid had on the local (...) class='Hi'>moral economy of a community struck by disaster and the various ways the ‘gift of aid’ was understood and valued by donors, brokers, and recipients is explored. Also examined is how processes of change were set in motion, benefiting some people and relationships but marginalizing others. Local lifeworlds were shattered in multiple ways and became caught in tensions between competing moral discourses concerning modernity, the collective, and the global. Promoting material recovery disaster aid also generated disorder and fragmentation of lo.. (shrink)

This article explores some aspects of the renewed interest in moral economy and draws attention to the pitfalls if the concept is used too loosely. Edward P. Thompson and James C. Scott's model is examined to see how their elaboration of moral economy can be used to link food, popular indignation, reinvention of tradition, and relationships to the elite. Moral economy was an alternative to considering crowds as irrational, eruptive, or driven only by hunger. (...) By studying how the notion of moral economy has spread and taken on different meanings, it becomes clear that the term has been unevenly stretched in the social sciences. However, rather than dismissing it as overworked, it can be more precisely delimited and used to orient empirical and analytical observations of, in particular, humanitarian aid. (shrink)

We trace the meeting and misalignment of competing moral economies in South Wales during the depression of the 1930s. Our case study is the Save the Children Fund's campaign to open emergency open-air nurseries in distressed communities and we analyse the contested meanings of work, voluntarism and cooperation that arose between charitable enterprises and local political organisers in the area. We also inquire into the attempt of a new generation of female political activists to shape a socialist moral (...) economy of the family in South Wales in a period of widening democracy and the growth of class politics and, in doing so, consider the place of gender in defining these social and political values. (shrink)

ABSTRACT In this article we call for a paradigm change in relation to the way we tend to look at how markets and morals are entwined in the writings of Jonathan Swift (1667–1745). We argue that it would be wrong to apply contemporary notions of economics retrospectively and somewhat a-historically to a thinker of an axial time in which economics as a separate sphere did not exist, and morals and markets and the way they relate to each other were about (...) to be reconceptualised. We argue that it is thus no accident that Scottish Enlightenment thinkers such as David Hume and Adam Smith took to Swift. They admired more than the expressive or rhetorical skills in Swift; in the first instance, they read Swift as somebody who managed to express moral sentiments (and even outrage) in an appealing, that is mostly satirical way, thereby not only criticizing the cruel conditions in Ireland at the time but also identifying the gap between rhetoric and reality and thus taking issue with the hypocrisy and double standards of the time. We will use two famous examples of Swift's work to illustrate our case, A Modest Proposal (1729) and Directions to Servants (1745). (shrink)

The global development of human embryonic stem cell science and its therapeutic applications are dependent on the nature of its engagement at national and international levels with key cultural values and beliefs concerning the moral status of the early human embryo. This article argues that the political need to reconcile the promise of new health technologies with the cultural costs of scientific advance, dependent in this case on the use of the human embryo, has been met by the evolution (...) of bioethics as a political community, transnational network, and bureaucratic device. Bioethics has become the political means for the creation of a global moral economy where the trading and exchange of values is normalized and legitimated. As a result of such trading, value compromises are produced capable of legitimizing the regulatory policies necessary for maintaining public trust in the new science. (shrink)

Reputation is often seen as central to the coordination of transactions in sharing economy platforms. Participants perform a double role regarding reputation management: while engaging in exchanges with other peers, they build their individual ‘reputation capital’ and simultaneously execute community oversight. In Couchsurfing (CS), a network often cited as paradigmatic of the sharing economy, there is, however, a clear bias for positive references. In the digital economy literature, participants’ friendly behaviour is understood as motivated by self-interest and (...) an incentive to maintain a positive reputation. Social research on reputation in CS attributes the bias to fear of retaliation, but also hints at norms of reciprocity leading travellers to require positive feedback for hospitality. This article analyses the lived experience of reputation management in CS and argues that participants seek to reconcile direct and general reciprocity. It proposes breaking these practices down into boundary-work and creative avoidance and argues these result in insufficient protection of inexperienced participants against problematic members. (shrink)

This article proposes the lens of moral economy as a useful ethical framework through which to assess HRM practice, with a particular focus on the strategic use of contingent work ('non-standard' employment practices including temporary, agency and outsourced work). While contingent work practices have a variety of impetuses we focus here on their strategic use in the pursuit of economic and flexibility goals. A review of the contingent work literature conveys mixed messages about its outcomes for individuals, and (...) more opaquely, for organisations: on the one hand transferring risks yet on the other, creating opportunities. A moral economy lens views employment as a relationship rooted in a web of social dependencies, and considers that ' thick' relations produce valuable ethical surpluses that represent mutuality and human flourishing. Applying such an approach to the analysis of contingent work enables a fresh interpretation of contradictory individual and collective outcomes observed in the research literature. We suggest that evaluations informed by moral economy offer a more holistic appraisal of HRM practices such as contingent work, where both economic and social opportunities and costs can be more fully seen. In this way we not only highlight the ethical inadequacies of neglecting the human in HRM but also the conceptual pitfalls of analytically separating the economic from the social. (shrink)

The Idea of a Moral Economy is the first modern edition and English translation of three questions disputed at the University of Paris in 1330 by the theologian Gerard of Siena. The questions represent the most influential late medieval formulation of the natural law argument against usury and the illicit acquisition of property. Together they offer a particularly clear example of scholastic ideas about the nature and purpose of economic activity and the medieval concept of a moral (...) economy. In his introduction, editor Lawrin Armstrong discusses Gerard's arguments and considers their significance both within the context of scholastic philosophy and law and as a critique of contemporary mainstream economics. His analysis demonstrates how Gerard's work is not only a valuable source for understanding economic thought in pre-modern Europe, but also a fertile resource for scholars of law, economics, and philosophy in medieval Europe and beyond. (shrink)

This study examines the effects of socializing activity of the owned family in family firms in order to find out if the special characteristics of the socializing processes in this type of firm can contribute to defining a climate that favors employees' commitment to the organization.For this purpose, this study uses the main arguments of the sociological approach known as moral economy. The data required for this analysis was collected using a self-administered postal questionnaire and the results show (...) that the special type of socialization that takes place in the family firm, and particularly the emotional mediation that this type of socialization tends to entail, favors the appearance of noneconomic links between employers and employees. Thus, in family firms the climate favors the management of the affective, normative, and symbolic aspects. The authors consider that this provides an explanation for the higher levels of identification, involvement, and loyalty — and consequently organizational commitment — that they find empirically among the employees of such firms. (shrink)

Collaborative economy emerged as a response to the need of people to exchange, produce and share in a more humane and cooperative manner. However, the growth of collaborative economy organizations and the terminological confusion have led to debates about their possible effects, both positive and negative. In this study, we have created a guideline that can be used to evaluate the contribution of organizations considered within collaborative economy to common good. We used the conceptualization of common good, (...) which, from its Aristotelian-Thomist philosophy, was developed by the personalist-humanist perspective of management. Our analysis leads us to conclude that the evaluation of the contribution of any organization to the common good must take into account how the participants develop their virtues, the creation of the community and its impact on the common good of society. At the end of the article, we present the aspects that society must take into account regarding collaborative economy. Firstly, society, in general, must approach collaborative economy as a tool that must complement others in the search for solutions to economic and social problems and, secondly, the governance of the platform-network is essential to foster organizational models that favour the common good. (shrink)

ArgumentThe Uppsala school in separation science, under the leadership of Nobel laureates, The Svedberg and Arne Tiselius, was by all counts a half-century-long success story. Chemists at the departments for physical chemistry and biochemistry produced a number of separation techniques that were widely adopted by the scientific community and in various technological applications. Success was also commercial and separation techniques, such as gel filtration, were an important factor behind the meteoric rise of the drug company Pharmacia from the 1950s. The (...) paper focuses on the story behind the invention of gel filtration and the product Sephadex in the 1950s and the emergence of streamlined commercially oriented separation science as a main activity at the department of biochemistry in the 1960s. The dynamics of this development is analyzed from the perspectives of moral economy and storytelling framed by the larger question of the social construction of innovation. The latter point is addressed in a brief discussion about the uses of stories like the one about Sephadex in current research policy. (shrink)