This book challenges amoral views of finance as the leading realm in which mammon wealth and profit is pursued with little overt regard for morality. The author details an enhanced ethical emphasis by leading AngloAmerican professionals in the aftermath of the 20078 global financial crisis. Instead of merely stressing expert knowledge, professionals sought to overcome the alleged impossibility of serving two masters mammon and God by embracing religious finance, socio-economic inequality, sustainability and other overtly moral issues. Continuities in liberal values and ideas, however, limited the impact of this enhanced ethical emphasis to restoring the professional authority, as well as to more fundamentally reforming of AngloAmerican finance following the most severe period of instability since the Great Depression. Providing a nuanced account of post-crisis change and continuity in a crucially important industry, Campbell-Verduyn advances a dynamic, process-based understanding of authority that will appeal to international political economists and sociologists alike.

Brings a new focus to the study of private authority by addressing the actions taken by private actors themselves rather than external elements Interprets the agency of private actors in seeking to reassert their contested authority Scrutinises the enhanced moral emphasis of professional actors in Anglo-American finance since 2007

Autorentext

Malcolm Campbell-Verduyn is Research Fellow at the Balsillie School of International Affairs, Waterloo, Canada. His research combines a general focus on language and ideas in the global political economy with a specific interest in the roles of non-state actors, technologies and technical artefacts in contemporary global governance.

Inhalt
Chapter 1. Professional Authority and Anglo-American Finance in Crisis.- Chapter 2. The Dynamism of Authority in Global Governance.- Chapter 3. The Dynamic Authority of Leading Financial Services Providers.- Chapter 4. The Dynamic Authority of Economists.- Chapter 5. The Dynamic Authority of Advisories.- Chapter 6. Continuities and Limits.- Chapter 7. Professional Authority and Ethics in Anglo-American Finance and Beyond.