SSE/EFI Working Paper Series in Business Administration
Financial Mentality beyond Good and Evil
Abstract: The tacit morality plays a vital part of a culture. A
particular morality is caused by the fact that particular social forces are
needed to keep financial markets together. The mentality of financial
markets has causes in the particular working conditions. A particular set
of values of actors is likely to make financial markets work.
morality is formed? Abstract greed and the invisible hand play a part.
Digitalisation promotes an amoral mentality, irresponsibility and
estrangement. The superman of Nietzsche perceives that acts beyond good and
evil disembed financial institutions. Brokers and traders often have
training in neo-classical economics, promoting certain personal
convictions. Brokers neglect dimensions of ethics beyond explicit rules.
Keywords: abstract greed; amorality; disembeddedness; financial markets; the invisible hand; (follow links to similar papers)
28 pages, September 18, 2004, Revised October 31, 2005
Before downloading any of the electronic versions below
you should read our statement on
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
Files with additional material for the paper:
Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design by Joakim Ekebom