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Economics and Culture

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Principles of Ethical Economy

Part of the book series: Issues in Business Ethics ((IBET,volume 17))

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Abstract

The insight into the need to unite economics, ethics, and aesthetics and their respective primary values of efficiency, morality, and beauty in our way of life and in our economies, as it is evident in new theories of business ethics and corporate culture, points to the fact that the economy is one of the main spheres of culture, and economic ethics, understood as ethical economy, is not only a theory of economic rationality and coordination, but equally a theory of the culture of the economy and of the economy as a cultural sphere.

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Literatur

  1. The ideas in this chapter have already been partially published in Koslowski, Die postmoderne Ku/tur (Munich, 1987), Chap. IV.2.

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  2. Joseph Beuys, in Beuys, et al., Ein Gespräch: Una discussione, ed., Jacqueline Burckhardt (Zürich, 1986), p. 126: “The situation in which we find ourselves shows that the guiding force is the economy. … If one wishes to change this and to make art or culture the guiding force, then one must develop methods that influence the heart of society, in order to transfonn the economic concept into a cultural one.” — On the cultural philosophy of the economy, see Eduard Spranger. “Die Wirtschaft unter kulturphilosophischem Aspekt,” in Spranger, Kulturphilosophie und Kulturkritik, ed. Hans Wenke (Tübingen, 1969); and Kenneth E. Boulding,; “Toward the Development ofa Cultural Economics,” Social Science Quarterly, 53 (1972), pp. 267–84. On the economics of culture, the arts, and the “cultural industry,” see William J. Baumol and William G. Bowen. Performing Arts (New York, 1966); Mark Blaug, ed., The Economics of the Arts (London. 1976): Dick Netzer, The Subsidized Muse (Cambridge, 1978); William S. Hendon,; “An Observation on Arts and Economics,” in Hendon, James L. Shanahan, Alice J. MacDonald, eds.. Economic Policy for the Arts (Cambridge, Mass., 1980); Hendon and Shanahan, eds., Economics ofCultural Decisions (Akron, 1983); Hendon, et al., eds., The Economics of Cultural Industries (Akron, 1984): and Edward C. Banfield, The Democratic Muse (New York, 1984).

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  3. Cf. Kjell Eide, “CulturallEconomic Relationships,” in Douglas V. Shaw, et al., eds., Artists and Cultural Consumers (Akron, 1987), Vol. III, pp. 202–6.

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  5. Cf. Eide, “CulturallEconomic Relationships.”

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  6. Cf. Josef Falkinger, Sättigung (Tübingen, 1986).

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© 2001 Springer Science+Business Media Dordrecht

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Koslowski, P. (2001). Economics and Culture. In: Principles of Ethical Economy. Issues in Business Ethics, vol 17. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-0956-0_5

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  • DOI: https://doi.org/10.1007/978-94-010-0956-0_5

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-1-4020-0364-6

  • Online ISBN: 978-94-010-0956-0

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