Arbeitspapier
The Moral Embeddedness of Markets
This paper addresses the question of what role morally oriented behavior plays in the efficiency of market outcomes. This issue is as controversial in economics as it is in sociology. To get a better understanding of the problems and opportunities involved in morally oriented behavior in markets, I develop a typology that distinguishes four different forms of morality-based behavior and try to understand what consequences derive from these types of morally motivated action. The four forms I discuss I call 'cooperation', 'group solidarity', 'blocked exchange' and 'altruism'. There is a fifth - 'parasitic' - type that I call 'Trojan altruism'. I argue that the contested role of morality is rooted in the profoundly ambivalent consequences that morality has on market efficiency.
- Sprache
-
Englisch
- Erschienen in
-
Series: MPIfG Discussion Paper ; No. 05/6
- Klassifikation
-
Sozialwissenschaften, Soziologie, Anthropologie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Beckert, Jens
- Ereignis
-
Veröffentlichung
- (wer)
-
Max Planck Institute for the Study of Societies
- (wo)
-
Cologne
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Beckert, Jens
- Max Planck Institute for the Study of Societies
Entstanden
- 2005
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