Rogan, Tim (2017): The Moral Economists: R. H. Tawney, Karl Polanyi, E. P. Thompson, and the Critique of Capitalism
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What is human nature and what is the meaning of being human? How does this question interfere with questions of morality and economy? Moreover, is there even a place for morality in economics and the economy? These are some of the questions Tim Rogan poses in his book The Moral Economists: R. H. Tawney, Karl Polanyi, E. P. Thompson, and the Critique of Capitalism. He tries to shed light on the relationship of economics and ethics, focussing on the 20th and 21st century. By consulting some ideas of the Moral Economists—especially R. H. Tawney, Karl Polanyi, and E. P. Thompson—he outlines the traits of this complex relationship.
In order to understand what a moral economyanalysis is, Rogan confronts it with the perspective developed in the liberal economic theory, e. g. the mare that capitalism is the institutionalized result of the urge to truck, barter and exchange, deeply rooted in human nature. Mainstream economists try to explain—as Rogan states further—that any effort to...