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The Ethics Recession: Reflections on the Moral Underpinnings of the Current Economic Crisis
 
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The Ethics Recession: Reflections on the Moral Underpinnings of the Current Economic Crisis [Paperback]

Rushworth M. Kidder (Author)
5.0 out of 5 stars  See all reviews (1 customer review)


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Book Description

2009
What started as an economic recession has become an ethics recession-a full-blown collapse of integrity and responsibility that is now shaping the way we need to think about and respond to this crisis-argues award-winning journalist and author Rushworth M. Kidder. In this timely new book he makes the case that, with each passing day, the current economic crisis is moving from issues of money to issues of integrity. Kidder reflects on the abandonment of responsibility and the failures of moral courage that underlie the financial numbers. He also identifies the kind of changes required to bring us through this crisis-changes not only in personal ethics but in our collective culture of integrity. Until the fall of 2008, Kidder observes, the recession was typically reported, discussed, and analyzed as though it were simply a question of failures of prosperity and wealth creation. But as examples began piling up of failures of private character and public responsibility-from Bernie Madoff's Ponzi scheme to Wall Street's excessive bonuses-the public conversation has, he writes, "moved irreversibly from finance to integrity." In the earlier months, the crisis was framed through what Kidder calls "the two default languages of journalism"-the language of economics, which asks, "What's the bottom line?" or the language of politics, which asks, "Where's the power?" Now, Kidder argues, we're increasingly using a third language-the language of ethics-to ask, "What's right?" "In assembling these pieces," Kidder writes in the introduction, "I've been struck by the way that each week's news kept building the case for an ethics recession. Written with Kidder's trademark fluidity, penetrating analysis, and eye for detail, this book is aimed at professionals and non-specialists alike-for all those who are seeking frameworks for understanding the current crisis, seeing its larger meaning, and finding the way through it.


Product Details

  • Paperback
  • Publisher: Institute for Global Ethics (2009)
  • ISBN-10: 0615275354
  • ISBN-13: 978-0615275352
  • Product Dimensions: 8.3 x 5.3 x 0.5 inches
  • Shipping Weight: 8.8 ounces
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #1,418,520 in Books (See Top 100 in Books)

More About the Author

Prior to founding the Institute for Global Ethics in Camden, Maine, and London, England, Rushworth M. Kidder, Ph.D., was a senior columnist for the Christian Science Monitor. For the past fifteen years he has worked to refine the guidelines for ethical decision making through the institute's mission of research, public discourse, and practical action. Kidder leads seminars, gives keynote speeches, and conducts interviews with global leaders. He is an award-winning author of eight books on subjects ranging from twentieth-century poetry to the global ethical future and is a trustee of the Charles Stewart Mott Foundation. He serves on the advisory board of the Kenan Ethics Center at Duke University, the advisory council of the Character Education Partnership, and the advisory board of Religion & Ethics Newsweekly on public television. In addition to his weekly columns for the institute's Ethics Newsline, Kidder's op-ed pieces have appeared in the Los Angeles Times, the Chicago Tribune, and the Boston Globe. He lives with his family in Lincolnville, Maine.

 

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2 of 2 people found the following review helpful:
5.0 out of 5 stars EXCELLENT LITTLE BOOK, April 30, 2009
By 
Thomas Nast (Phoenix, AZ USA) - See all my reviews
This review is from: The Ethics Recession: Reflections on the Moral Underpinnings of the Current Economic Crisis (Paperback)
This is not a long read, but includes a lot of valuable, incisive insights in its pages. Recommended for anyone in business, teaching business or concerned about ethics in general.
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