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Social Justice and Financial Capitalism : Some Notions on Risks, Hierarchies, and Value

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Eskelinen, T. (2017). Social Justice and Financial Capitalism : Some Notions on Risks, Hierarchies, and Value. Studies in Social and Political Thought, 27, 57-75. https://doi.org/10.20919/sspt.27.2017.72
Published in
Studies in Social and Political Thought
Authors
Eskelinen, Teppo
Date
2017
Discipline
YhteiskuntapolitiikkaSocial and Public Policy
Copyright
© Eskelinen, 2017. This is an open access article published by University of Sussex.

 
The recurring financial crises and intensive financialisation force a reconsideration of theories of justice. This article analyses financial capitalism as an ideal-type. In ideal-typical financial capitalism, risks and positions of vulnerability take a pronounced role in the determination of social positions. Risks also come in a specific ontological form. Further, the analysis extends to the production of value in financial capitalism and its relation to a particular logic of determining social positions. The article discusses, how should theories of justice be updated to accommodate this particular ontology of risks. This requires also making a distinction between explicit and implicit priority orders in a society.
Publisher
Students and Faculty of the Graduate Programme in Social and Political Thought, University of Sussex
ISSN Search the Publication Forum
1467-2219
Keywords
sosiaalinen oikeudenmukaisuus kapitalismi taloudelliset kriisit riskit social justice capitalism economic crises risks
DOI
https://doi.org/10.20919/sspt.27.2017.72
URI

http://urn.fi/URN:NBN:fi:jyu-201801091124

Publication in research information system

https://converis.jyu.fi/converis/portal/detail/Publication/27831643

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