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Nietzsche and Informal Value Transfer Systems (IVTS)

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Financial Crimes and Existential Philosophy

Part of the book series: Ethical Economy ((SEEP))

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Abstract

Informal value transfer systems (IVTS) seem to be morally neutral. But it is not the last word about their moral/immoral character. We could then fall into the gap of false (self-forged) interpretation: we could exert strong (conceptual) pressures in order to make IVTS phenomenon fitting within our own understanding of financial crimes. In doing so, we would distort reality and neglect the major part of the IVTS phenomenon: the culture of lies, deception and manipulation. Such culture could be developed in legitimate as well as illegitimate IVTS activities. According to Nietzsche, our self-knowledge is closely linked to the knowledge of everything that is. Our self-knowledge is quite limited. According to Nietzsche, we are strangers to ourselves. We are not beings of knowledge with respect to who-we-are. Self-perception is based on mistakes, that is, wrong interpretations of who-we-are. Others’ opinion (about ourselves) is always used to strengthen our self-perception. Authorities are respected by individuals, since the attitude of mutual respect could reinforce self-confidence. We should remind Nietzsche’s principle of a limited self-knowledge, particularly when we are looking at the IVTS phenomenon.

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Notes

  1. 1.

    Buber (1962, 51) rightly said that Nietzsche has been influenced by Burckhardt’s view of universal history, when defining the notion of will to power. According to Burckhardt (1972), the essence of History is that it is continuously changing. Every fallenness has been prepared by prior social, political, and even religious decline (Jacob Burckhardt, Considérations sur l’histoire universelle. Paris: Petite bibliothèque Payot, 1972, p. 54).

  2. 2.

    Ziegler (1998, 21–22) defined “criminal cartel” as creative synthesis between the for-profit entreprise (capitalism: profit maximization), the military structure and form of authority (blind obedience), and the ethnic clan (ethnocentrism).

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  1. Département de management, Université de Sherbrooke Faculté d’administration, Sherbrooke, Québec, Canada

    Michel Dion

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Dion, M. (2014). Nietzsche and Informal Value Transfer Systems (IVTS). In: Financial Crimes and Existential Philosophy. Ethical Economy. Springer, Dordrecht. https://doi.org/10.1007/978-94-007-7326-4_2

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