Cosmopolitanism and Global Financial Reform

A Pragmatic Approach to the Tobin Tax
1. Auflage 2013
ISBN: 978-0-415-74672-4
Verlag: Routledge

Buch, Englisch, 160 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 254 g

Reihe: RIPE Series in Global Political Economy

Acknowledgement of the ethical dimension of global finance is commonplace in the wake of financial crises. The sub-prime crisis and ensuing credit crunch are only the latest in a long run of global financial crises that wreak social havoc and force us to consider alternative possibilities for global finance.

By defining cosmopolitanism and analysing how cosmopolitan ideas can increasingly provide an account of the governance of global finance, Brassett examines whether global finance can be regulated so as to provide cosmopolitan values like social security, equality and democratic accountability. It suggests that such an exercise is not adequately resourced by existing theoretical approaches to critical IPE and instead develops a new pragmatic approach based on the thought of Richard Rorty. Combining ethical theory with empirical analysis, it focuses on the Tobin Tax – (a proposal to place a small levy on foreign currency transactions to dampen speculation and raise vast revenues) – and explores whether it could underpin more cosmopolitan forms of global financial governance.

This book situates cosmopolitan ideas in the extant dilemmas and indeterminacies of global ethics, suggesting alternatives where possible. It will be of interest to students and scholars of international ethics, global governance, global civil, international relations, international political economy, global finance, public policy, critical theory, political theory and philosophy.

Autoren/Hrsg.

Brassett, James

Fachgebiete

• Geisteswissenschaften Philosophie Sozialphilosophie, Politische Philosophie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationale Finanzmärkte
• Geisteswissenschaften Philosophie Angewandte Ethik & Soziale Verantwortung Wirtschaftsethik, Unternehmensethik
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Internationale Finanzmärkte

Inhaltsverzeichnis

1. Introduction 2. The Ethical Turn in IPE:The Case For A Pragmatic Approach 3. From Economics to Politics and Ethics: Vocabularies of the Tobin Tax 4. Cosmopolitan Justice and the Tobin Tax 5. Cosmopolitan Democracy and the Tobin Tax 6. Pragmatic Cosmopolitanism: The Tobin Tax as Sentimental Education 7. Conclusion

Über Autor(innen)

James Brassett is RCUK Research Fellow and Assistant Professor in the Department of Politics and International Studies at the University of Warwick, UK. His research concerns the politics of global ethics and how moral arguments are increasingly sought and deployed in domains such as global economic governance, global civil society and global migration. He draws on a range of theoretical approaches including cosmopolitanism, critical and post-structural theory, and pragmatism.