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David Whyte (editor) - Neoliberalism and the Moral Economy of Fraud

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David Whyte (editor) Neoliberalism and the Moral Economy of Fraud

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A most compelling and rewarding account in principle and in practice of the results of the neoliberal moral economy of pursuit of self-interest of the few at the expense of the collective goals of the many. Ben Fine, Professor of Economics, School of Oriental and African Studies, University of London, UK

There is evidence that economic fraud has, in recent years, become routine activity in the economies of both high- and low-income countries. Many business sectors in todays global economy are rife with economic crime.

Neoliberalism and the Moral Economy of Fraud shows how neoliberal policies, reforms, ideas, social relations and practices have engendered a type of sociocultural change across the globe which is facilitating widespread fraud. This book investigates the moral worlds of fraud in different social and geographical settings, and shows how contemporary fraud is not the outcome of just a few bad apples. Authors from a range of disciplines including sociology, anthropology and political science, social policy and economics, employ case studies from the Global North and Global South to explore how particular values, morals and standards of behaviour rendered dominant by neoliberalism are encouraging the proliferation of fraud.

This book will be indispensable for those who are interested in political economy, development studies, economics, anthropology, sociology and criminology.

David Whyte is Professor of Socio-legal Studies at the University of Liverpool, UK.

Jrg Wiegratz is Lecturer in Political Economy of Global Development at the University of Leeds, UK.

David Whyte (editor): author's other books


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Neoliberalism and the Moral Economy of Fraud

There is evidence that economic fraud has, in recent years, become routine activity in the economies of both high- and low-income countries. Many business sectors in todays global economy are rife with economic crime.

Neoliberalism and the Moral Economy of Fraud shows how neoliberal policies, reforms, ideas, social relations and practices have engendered a type of sociocultural change across the globe which is facilitating widespread fraud. This book investigates the moral worlds of fraud in different social and geographical settings, and shows how contemporary fraud is not the outcome of just a few bad apples. Authors from a range of disciplines including sociology, anthropology and political science, social policy and economics, employ case studies from the Global North and Global South to explore how particular values, morals and standards of behaviour rendered dominant by neoliberalism are encouraging the proliferation of fraud.

This book will be indispensable for those who are interested in political economy, development studies, economics, anthropology, sociology and criminology.

David Whyte is Professor of Socio-legal Studies at the University of Liverpool, UK.

Jrg Wiegratz is Lecturer in Political Economy of Global Development at the University of Leeds, UK.

Routledge Frontiers of Political Economy

For a complete list of titles in this series please visit www.routledge.com/books/series/SE0345.

Economics, Culture and Development

Eiman O. Zein-Elabdin

Paradigms in Political Economy

Kavous Ardalan

The Economics of Voting

Studies of self-interest, bargaining, duty and rights

Dan Usher

The Political Economy of Food and Finance

Ted P. Schmidt

The Evolution of Economies

An alternative approach to money bargaining

Patrick Spread

Representing Public Credit

Credible commitment, fiction, and the rise of the financial subject

Natalie Roxburgh

The Rejuvenation of Political Economy

Edited by Nobuharu Yokokawa, Kiichiro Yagi, Hiroyasu Uemura and Richard Westra

Macroeconomics After the Financial Crisis

A post-Keynesian perspective

Edited by Mogens Ove Madsen and Finn Olesen

Structural Analysis and the Process of Economic Development

Edited by Jonas Ljungberg

Economics and Power

A Marxist critique

Giulio Palermo

Neoliberalism and the Moral Economy of Fraud

Edited by David Whyte and Jrg Wiegratz

Neoliberalism and the Moral Economy of Fraud

Edited by David Whyte and Jrg Wiegratz

First published 2016 by Routledge 2 Park Square Milton Park Abingdon Oxon - photo 1

First published 2016

by Routledge

2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN

and by Routledge

711 Third Avenue, New York, NY 10017

Routledge is an imprint of the Taylor & Francis Group, an informa business

2016 selection and editorial matter, David Whyte and Jrg Wiegratz; individual chapters, the contributors

The right of the editors to be identified as the author of the editorial material, and of the authors for their individual chapters, has been asserted in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988.

All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.

Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

Library of Congress Cataloging in Publication Data

Names: Whyte, David, 1968- editor. | Wiegratz, Jrg, editor.

Title: Neoliberalism and the moral economy of fraud / edited by David Whyte and Jrg Wiegratz.

Description: Abingdon, Oxon ; New York, NY : Routledge, [2016]

Identifiers: LCCN 2015050394| ISBN 9781138930377 (hardback) | ISBN 9781315680545 (ebook)

Subjects: LCSH: NeoliberalismMoral and ethical aspects. | FraudEconomic aspects. | EconomicsMoral and ethical aspects.

Classification: LCC HB95 .N435 2016 | DDC 364.16/3dc23

LC record available at http://lccn.loc.gov/2015050394

ISBN: 978-1-138-93037-7 (hbk)

ISBN: 978-1-315-68054-5 (ebk)

Typeset in Times New Roman

by FiSH Books Ltd, Enfield

Contents

DAVID WHYTE AND JRG WIEGRATZ

JAMES G. CARRIER

STEVE TOMBS

ANDREW SAYER

BALIHAR SANGHERA

JOHN CHRISTENSEN

PAUL JONES AND MICHAEL MAIR

CHRIS HOLDEN

STEVE HALL AND GEORGIOS A. ANTONOPOULOS

MARITZA FELICES-LUNA

ERIK BHRE

DAVID ELLIS

SITNA QUIROZ

MATIAS DEWEY

NICOLETTE MAKOVICKY

CHRISTOPHER S. SWADER

DAVID WHYTE AND JRG WIEGRATZ

This book would not have been possible without the inspiration and support from a very large number of organisations and individuals. We are grateful to countless friends and colleagues who we have discussed the themes of this project with over the years. James Carrier in particular was instrumental in providing ideas and a draft proposal at the early stages of the project. We also thank the University of Leeds, School of Politics and International Studies (POLIS) and Centre for African Studies (LUCAS) for providing funds that allowed us to hold the international workshop on Neoliberalism, fraud and moral economy at the University of Leeds on 2 May 2014, where the contributors first presented papers that ended up in this book. We also thank colleagues who have been part of the project along the way, but in the end were unable to contribute to the book. Those colleagues include Gerhard Anders, Chlo Buire, Jose Maria Munoz and Matthew Watson. We also wish to acknowledge Laura Johnson and Andy Humphries at Routledge for their commitment to, and enthusiasm for, the project and support through the commissioning and production process. Thank you to all of the contributors of this volume for rising to both the practical demands and intellectual framing of their chapters, and for sticking with us on this project, even when our demands as editors might have at times seemed pedantic. Without their commitment and willingness to speak to the volume themes it would not be the book it is. We hope it has all been worth it in the end. A project like this takes up a lot of time and energy and involves sitting alone in libraries and offices for far too long. So we are most grateful to our families and friends for putting up with us through what is a profoundly anti-social process and always providing crucial moral support whenever and wherever it was needed.

Georgios A. Antonopoulos obtained his doctorate from the University of Durham in 2006. He is currently Professor of Criminology at the School of Social Sciences, Business and Law of Teesside University. His teaching and research interests include organised crime/illegal markets, the criminality, criminalisation and victimisation of minority ethnic groups, and qualitative research methods. He is an associate of the Cross-Border Crime Colloquium, associate editor of the journal Trends in Organised Crime and member of the editorial boards of the journals Global Crime, Journal of Financial Crime, Journal of Money Laundering Control

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