Cosmopolitanism and global financial reform : a pragmatic approach to the Tobin Tax
Brassett, James (2010) Cosmopolitanism and global financial reform : a pragmatic approach to the Tobin Tax. Oxon ; New York: Routledge. ISBN 9780415552172Full text not available from this repository.
Official URL: http://webcat.warwick.ac.uk/record=b2324136
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.
|Subjects:||J Political Science > JC Political theory|
|Divisions:||Faculty of Social Sciences > Politics and International Studies|
|Library of Congress Subject Headings (LCSH):||International Finance--Moral and ethical aspects, Globalisation--Moral and ethical aspects, Tobin, James 1918-2002, Global Financial Crisis, 2008-2009|
|Place of Publication:||Oxon ; New York|
|Official Date:||27 May 2010|
|Number of Pages:||136|
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