The specter of the recent economic and financial crisis, the so-called Great Recession, is still haunting a number of industrialized Western countries. Since its outbreak in the years 2007-2008, the Great Recession has been determining not only political but also research agendas. Following both popular and scientific accounts on the crisis, it appears that a broad range of factors might have led to the disaster. For instance, not only neoliberal oriented economic policies have been criticized but also the alleged lack of an ethical component in the science of economics. As rightly pointed out by Kirchgässner (2009), these arguments mainly come from the left side of the political spectrum.


Economic Crisis Income Marketing Social Stratification 


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Copyright information

© Springer Fachmedien Wiesbaden 2016

Authors and Affiliations

  1. 1.Department 1 ManagementUniversität PaderbornPaderbornGermany

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