Ethicmentality - Ethics in Capitalist Economy, Business, and Society

Ethicmentality is an innovative book. It blends ethics with mentality to capture the interdependence of ethical life and social life creatively. The book is also innovative because of the way this interdependence is explored. By focusing on practical ethi

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Michela Betta

Ethicmentality Ethics in Capitalist Economy, Business, and Society

Issues in Business Ethics Volume 45

Series editors Wim Dubbink, Department of Philosophy, School of Humanities, Tilburg University, Tilburg, Netherlands Mollie Painter-Morland, Nottingham Trent University Business School, UK

More information about this series at http://www.springer.com/series/6077

Michela Betta

Ethicmentality - Ethics in Capitalist Economy, Business, and Society

Michela Betta Swinburne University of Technology Melbourne, VIC, Australia

ISSN 0925-6733 ISSN 2215-1680 (electronic) Issues in Business Ethics ISBN 978-94-017-7588-5 ISBN 978-94-017-7590-8 (eBook) DOI 10.1007/978-94-017-7590-8 Library of Congress Control Number: 2016934048 © Springer Science+Business Media B.V. 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer Science+Business Media B.V. Dordrecht

Acknowledgments

This book could not have been written without the support of my mother and siblings. Their warm enquiries about the manuscript’s progress were always deeply felt, and they also helped to fix my mind to stay focused. My friends also deserve to be thanked for their continuous support of all my academic projects. I also would like to thank Springer’s senior editors and their officers for the assistance provided during the various stages of the manuscript development. Finally, I would like to thank Robert Trevethan for all his Socratic questions that forced me to be more precise, pay more attention to detail, and be patient. His editorial input was also invaluable.

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Contents

Part I 1

2

Capitalism and Capital

The Contradictions of Capitalism: A Schumpeterian Analysis ........................................................... Introduction .................................................................................... The Social Nature of the Economy and the Economic Natur