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Ethics of Socioeconomics: Critical Observations on Capitalism through the Lens of a Lawyer (Economic and Financial Law & Policy Shifting Insights & Values, 8)
3031388364 pdf The book analyzes socioeconomic through the lens of a lawyer. In the past decade the world has witnessed some severe financial and economic crises, especially the financial crisis of 2007-2008 and the crisis caused by the COVID-19 pandemic. The author states that the socio-economic order has in the past four to five decades been thoroughly redesigned, generally favouring models that prioritize the free market over the public interest or even, more generally, government operation. He works out that during four to five decades, globalized, capitalist societies are facing a multiplicity of fundamental problems, such as: (1) increasing debt that severely burdens both the private and public sectors (2) persistent poverty and an ever-increasing polarization between rich and poor, in addition to (3) intractable environmental problems that, fifty years after the Club of Rome's report entitled Limits to growth (1972), has dragged the world into what in recent years has been referred to as "climate change." Read more