Beschreibung

Uwe Petersen

 

Business Ethics and Economic Policy

to overcome the global economic crisis

From the liberal to the socio-liberal economic order

 

 

 

 

ISBN 978-3-8300-5147-3

2010 Publisher Dr. med.  Kovac Hamburg

 

 

 

 

 

 

 

 

Contents
Introduction
A. Motivations of Economic Behavior

I. Economies of livelihood
II. Status-based management
III. Economies as a profession
IV. Capitalist economics

B. Analysis of economic events

I. Principles of the market economy

1. The real economic cycle

1.1 The real cycle in a stationary economy
1.2 The real cycle in a growing economy
1.2.1 The importance of inventions and innovations in a growing economy
1.2.2 The importance of saving and investing in a growing economy
1.2.2.1 The importance of sufficient innovation in relation to the economic savings
1.2.2.2 of Economics savings and investments, including the foreign economic relations
1.2.3 economic growth and employment
1.3 the phenomenon of business cycles in a market economy and its theoretical
explanation
1.3.1 business cycles for given production conditions
1.3.2 innovation-related economic cycles.
1.3.3 Accumulation of long- and short-term cycles and the resulting imbalances and frictions
2. The economic equilibrium taking account of credit relationships
3. The monetary cycle
3.1 The regularities of the monetary cycle
3.2 Different markets
3.2.1 The market of new goods and services Services
3.2.2 The market of assets
3.2.3 The money and capital market
3.2.3.1 Credit market
3.2.3.2 Capital raising through the acquisition of additional shareholders
3.3 The interaction of the individual markets
3.3.1 Savings funds flow into new investments 92
3.3.2 Savings funds are used for the purchase of inventory goods and outstanding capital securities used
3.3.3 proceeds of inventory goods and the capital market and its value increases to be used for consumption purposes and new investments
3.3.4 Monetary interference between the capital market and the real economic cycle
3.3.4.1 the development of the capital market tes to competition area and their impact on the money supply
3.3.4.2 The unleashing of the capital market by credit insurance AIG
4. The superposition of economic cycles through monetary relationships between business partners

II. Economy and State

a. The extraction of natural assets
b. Livelihood
c. The distribution of economic goods
1. From the state economy to the market economy
2. The state in a market economy 153
2.1 Economic policy
2.1.1 Regulatory policy
2.1.2 Structural policy
2.1.3 Foreign trade and development
policy 2.1.4 Social policy
2.1.5 Education and research
policy 2.1.6 monetary policy
2.1.7 financial and economic policies and their limits
2.1.8 limits of Keynesianism
2.1.8.1 breaking the equation of income and money
    a. Business cycle and monetary development
b. The money
requirements of the capital market 2.1.8.2.
2.2 Governmental spending as an economic policy instrument
2.2.1 Provision of infrastructure as a state
task 2.2.2 Military security
3. Interaction between state and private in the development of the economy
4. Global economic development until the world economic crisis of 1929
4.1 The founding crisis
4.2 The World Economic Crisis of 1929
4.3 The Global Economic Development from the End of the Second World War
to the End of the Cold War
4.4 Economic Development since the 1990s to the Current World Economic Crisis
4.4.1 The Increasing Financialization and Shareholder Value Orientation
4.4.2 The New Economy and real estate speculation.
4.4.3 Negative foreign trade balance and increasing indebtedness of many countries, but particularly the USA, which compensated for export and surplus surpluses in other countries
4.5 Lack of understanding about the systemic causes of the global economic crisis and the resulting inadequate economic policies?

C. Ethics

I. Nature and Genealogy of Ethics

1. Guilt as an ethical phenomenon
1.1 Guilt towards fellow human beings
1.2 Moral guilt
1.3 The internalization of guilt consciousness in order
to be able to act socially and nature-related
2. Moments of ethics
2.1 Being self
2.2 Engaging other subjects in their own actions
2.3 Relationship to the actor and the actor Acting affected other subjects comprehensive higher authority
2.4 Formal structuring of ethical action
3. Forms of ethics
3.1 The mythically founded ethics
3.2 The norm-controlled ethics
3.3 The liberal individual ethics 3.4 The ethics of
responsibility

II. Business ethics

1. Economy as a primordial wholeness of human life and salvation events
1.1 Economy as a comprehensive order of people
1.2 Economy as a God-led salvation
event 1.3 The European economy as a synthesis of the ancient and Jewish / Christian understanding of economics
2. The liberal capitalist business ethics
3. Maximization of strategic and Minimization of ethical behavior on the capital market
4. Economic ethical necessary overcoming selfish economic activity in favor of identification with the overall well-being

D. Guidelines for a reformed economic and social policy

I. Guidelines for a reform of banking and monetary policy

1. Improving Banking Supervision
2.
Demarcating the Banking System in Investment Banks and Commercial Banks 3. In the event of bankruptcy, they should be nationalized rather than given guarantees
4. Reform of the central bank directives

II. Guidelines for a reformed fiscal policy

1. Reform of the guidelines for public debt and their
interlocking with monetary policy
2. Debt relief of states through asset
taxation 3. Support of enterprises favored by participations, also under the aspect of increasing necessary integration of state and economy
4. Transfer of infrastructure enterprises and institutions in private and grassroots organizations
5. Government spending to harmonize the national economy

III. Guidelines for a reformed tax policy

1. Game Taxes and Taxes on Excessive Compensation
1.1 Game Taxes
1.1.1 Capital Market
Transaction
Tax 1.1.2 Speculative Gains Tax 1.2 Taxes on Excessive Compensation
2. Inheritance and Property Taxes
3. Income Taxes
4. Sales Taxes

IV. Guidelines for a reformed foreign trade policy
V. Guidelines for promoting ethical behavior in business

E. From the liberal to the socio-liberal economic order
Bibliography

The current economic crisis is far more fundamental than those who see signs of fundamental economic recovery in equity-driven equity prices and rising recruiting orders from emerging markets. The current economic policy solutions are therefore insufficient, which is particularly evident in the unresolved public debt ceiling and even more the planned debt repayment. Economic policy proposals to solve the economic crisis can only be developed on the basis of a detailed analysis of the real economic and monetary cycles.
Liberal capitalist investing, to which we owe our modern economy, is perverting more and more to speculative capital market transactions that are destroying the real economy. For this reason, economic action is ethically re-founded in this essay. The principles derived from it also guide the economic policy measures that have been worked out so that the liberal can develop into the social-liberal economic order

The current economic crisis is more fundamental than those who
see signs of fundamental economic recovery in equity-driven equity prices and rising recruiting orders from emerging markets. Public debt ceiling and even more. Economic policy proposals to solve the economic crisis can only be developed on the basis of a
detailed analysis of the real economic and monetary cycles.
Liberal capitalist investing, to which we modernize our economy, is perverting more and more to speculative capital market transactions.
For this reason, economic action is ethically re-founded in this essay. The principles derived from it THUS guide the
economic policy measures that have been worked out so the liberal can develop into the social-liberal
economic order.

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