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The constitution of the moral individual in theories of market relations
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Clarke, Chris (2010) The constitution of the moral individual in theories of market relations. Working Paper. Manchester: British International Studies Association (BISA). IPEG Papers in Global Political Economy (No.42).
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Official URL: http://www.bisa-ipeg.org/papers.php
Abstract
The global economic crisis has necessitated renewed critical reflection on dominant understandings of economy and society, not least in much contemporary IPE
scholarship which enjoys the intellectual space to theorise market relations in their social context and in a reflexive manner. Utilising this intellectual space to reflect
upon theories of market relations themselves, this paper argues that in order to integrate a sociological perspective into IPE it is crucial for scholars to focus attention on the constitution of the moral individual in understandings of market relations. In
so doing it builds on the political economy and moral philosophy of Adam Smith.
Specifically, it points to some of the key ‘mythologies’ that surround Smith’s work in order to show how once these are dispelled he can be said to provide something of a
sociological perspective for IPE and to show how the dominant misinterpretations of his work are actually telling in terms of what they reveal about contemporary attempts to understand market relations. This paper then indicates some notable areas of IPE research that take up the task, from a Smithian perspective, of exploring shifting understandings relating to the constitution of the moral individual with reference to
the recent economic crisis
| Item Type: | Working or Discussion Paper (Working Paper) | ||||
|---|---|---|---|---|---|
| Divisions: | Faculty of Social Sciences > Politics and International Studies | ||||
| Series Name: | IPEG Papers in Global Political Economy | ||||
| Publisher: | British International Studies Association (BISA) | ||||
| Place of Publication: | Manchester | ||||
| Official Date: | July 2010 | ||||
| Dates: |
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| Number: | No.42 | ||||
| Number of Pages: | 19 | ||||
| Institution: | University of Warwick | ||||
| Status: | Not Peer Reviewed | ||||
| Publication Status: | Published |
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