Nobody downloaded yet

Toward a Moral Economy - Essay Example

Comments (0) Cite this document
For the first time in the historical context, E.P Thomson worked on different perspectives of the moral economy. Thompson believes that the moral economy is actually a set of attitudes and behaviors, which is complex…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
Toward a Moral Economy
Read TextPreview

Extract of sample "Toward a Moral Economy"

Download file to see previous pages Just for the sake of their rights, some of the people who were in favor of the justice and equality for all raised their voices and thus the concept of moral economy were developed.
There are different characteristics or the attributes, which can make any economy a moral and justified economy. The researchers are of the opinion that any economy can be perfect and moral just because of the implications and the practices in that particular duration. There are three main types of economies based on the practices and the implications, i.e. Socialism, capitalism and the communism. Usually if we look over all the concepts and the attitudes of a socialist economy then we can say that socialism is the best moral economy.
If we look at the historical perspectives of the establishment of a moral economy, the different sociologists have worked a lot on this discussion. The one common point of all the researchers is the basic foundation of a moral economy. According to their point of view, the economic activities influenced by the sentiments, values, norms, and other just thought patterns might contribute to make a moral economy. The contributions of different authors are discussed here in detail;
Adam Smith: Adam Smith wrote two books containing great and inspirational concepts about the establishment of a moral economy. One book ‘Wealth of the Nations’ is directly related to the ethical standards of an economy whereas the other book ‘The Moral System’ gives a general frame work for the foundation of an economic system. In both of his writings, Smith has tried to formulate general rules of justice and laws that should be implemented in an economic system. Adam Smith has even tried to pin point the process that can motivate the people to adopt ethical and moral laws so that they can work their best for the establishment of a moral economy at least on individual basis. Another high point of Smith writings is the formulation of two ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Toward a Moral Economy Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from
(Toward a Moral Economy Essay Example | Topics and Well Written Essays - 1500 Words)
“Toward a Moral Economy Essay Example | Topics and Well Written Essays - 1500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Toward a Moral Economy

Moral Dilemmas and Moral Reasoning

...Moral Dilemmas and Moral Reasoning Morality is an aspect that deals with behaviors, ifying them as either good or bad. There are various moral development theories that have been put across to explain individual’s behaviors. Moral development entails children learning to differentiate between what is right and what is wrong (Blasi, 1983). Individuals will then apply such knowledge when faced with complex issues of decision-making. Individuals will have the independence and the strength to do the right thing, even though it might not be the most convenient (Markus& Kitayama, 1991). In children, morality is shaped by various factors, such...
3 Pages(750 words)Assignment

Aiming Toward A Hydrogen Economy

...Aiming Toward A Hydrogen Economy: Icelandic New Energy LTD Aiming Toward A Hydrogen Economy: Icelandic New Energy LTD Titus Rock Manickam Order No. 233281 16 July 2008 Aiming Toward A Hydrogen Economy: Icelandic New Energy LTD The SWOT of using Iceland as a base for Hydrogen Fuel Technology, using the PEST Framework The PEST (Political, Economic, Social and Technological) Framework Of late, the SWOT (Strength, Weakness, Opportunities, and Threats) analysis has started moving side by side with the PEST framework. By its very nature, for any business setup, SWOT has always been inseparably influenced and linked to...
7 Pages(1750 words)Essay


...The desperate need to be moral within society contributes to the motivations, choices, and actions made by people everyday. It is society which defines what morality is and applies the necessary pressure to force individuals to conform. Often, failing under these societal pressures, individuals are forced to use deception to escape the oppressive nature of their society. Oscar Wilde, in The Importance of Being Earnest and William Shakespeare, in Hamlet, Prince of Denmark, venture into nature of society and how it effects the individuals within that society. Shakespeare and Wilde assert that deception is a symptom of a corrupt society not a character flaw. The plot of The Importance of Being Earnest...
3 Pages(750 words)Essay

Leading Toward E-Learning

...Leading Toward E-Learning  E-learning is usually mentioned in training and education. It includes online learning, practical learning, dispersed learning, network and web-based learning. Essentially, they all denote learning procedures that make use of information and communications know-how to arbitrate unrelated as well as related erudition and training behavior. The expression e-learning encompasses a lot above online learning, virtual learning, distributed learning, networked or web-based learning. E-learning includes all learning actions that are accomplished by individuals or crowds functioning online or offline, and simultaneously or coincidentally via systematized or separate computers and additional electronic...
2 Pages(500 words)Essay

Moral relativism and Moral absolutism

...Moral Relativism and Moral Absolutism The philosophical theory of moral relativism s that morality is usually relative and that different people have different ethical truths. The theory suggests that moral relativism comes in two forms which are the cultural relativism along with the ethical subjectivism. The issue of ethical subjectivism suggests that there are different levels of morality among different individuals (Hammerlinck). On the other hand, the issue of cultural relativism suggests that morals have relations to different cultures. The two forms of moral relativism refute the existence of the...
4 Pages(1000 words)Essay

Abundance and Scarcity: Toward and Economy of Renewable Cycles and

...Abundance and Scar Toward and Economy of Renewable Cycles Abundance, scar and violence by Robert Gould Scar an opportunity or a disaster to the community is a statement that many have developed different perceptions towards. Some of the people have criticised the exploitation that comes with scarcity, while others view scarcity as the weapon to survive. Most of the highly held goods are those scarce in nature at least according to Gould. The community holds the products or items in scarce to be the structure of the economy, nature or in environ which the item fits. Abundance on the other hand has gained low value to the society. Most of the products that are abundant to a...
1 Pages(250 words)Assignment

Public Policy Toward Monopoly

...Monopoly The economy is made up of many and different sectors. All the sectors therein make significant contribution in the growth and development of an economy. Essentially, economic productivity is measured relative to the performance of all its components. In the markets and industries within which economic sectors are based, firms operate within different market structures. Among them is a monopoly-structured market. A monopoly exhibits market power, thus acting as a price maker and the consumer as a price taker (Stigler, 2008). The monopoly dominates the market within which it operates, an aspect associated with noncompetition in the market. Monopolies do not always have their way in operating...
1 Pages(250 words)Essay

Toward a Moral Economy

...Toward a Moral Economy TOWARD A MORAL ECONOMY Introduction In essence, all economies can be defined as moral economies because alleconomic practices and relations have ethical and moral implications and preconditions. Velasquez (2013) contends that ethics are principles that govern the comportment of an individual or group, while morality involves the standards that society or individual hold about what is wrong and right. With regards to moral economies, these can be defined as inquiries that concentrate on how all...
3 Pages(750 words)Essay

Contribution toward ENG 105

...Contribution toward ENG 105 Writing is the principal foundation upon which an individual’s work, learning, and intelligence is judged in university, work, and in the society (Marquette University para. 1). The main artifact chosen in this portfolio is based upon the theme of writing. Writing brings out an individual’s personality and perspective on various issues affecting the society, thereby permitting individuals to evaluate the adequacy of their arguments. Besides, writing fosters a person’s ability to explain certain complex positions to the readers and oneself thus helping them to move easily among facts, inferences and opinions without creating confusions. Like for many students, expressing ideas through writing...
2 Pages(500 words)Essay


...Analysis of Moral Arguments Analysis of Moral Arguments Identify the Moral Issues at Stake One of the moral issues at stake is honesty because Jane needs to admit that she has been eavesdropping on her friend’s conversations. Invasion of privacy is also an additional moral issue sat stake. The fact that Jane overheard Sue talking about a pregnancy that she is just about to terminate means that there is the possibility of exposing a critical moral failing. The issue of loyalty is also at stake in this case because Jane needs to protect the interests of her brother and best friend (Vaughn, 2013). Who have Moral Stakes in...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Toward a Moral Economy for FREE!

Contact Us