Global Justice & Finance

Can global justice be promoted by distributing money more equitably? Could even relatively small financial sacrifices by the affluent work, through benign leverage, to achieve that goal? Global Justice and Finance casts new light on such questions by considering what is presupposed about finance. Redistributive proposals assume money to be a reliable measure, store of value, and medium of exchange. Yet maintaining stable interest, inflation, and exchange rates in a dynamic capitalist economy is a considerable achievement involving a complex financial system. Such global coordination could, if so directed, contribute immensely to humanity's betterment, yet under the direction of a profit seeking elite it leaves a majority disempowered, impoverished, and indebted. To pay debts, ever more desperate measures to wrest value from the world's natural resources increase ecological pressures to harmful extremes, and those pressures do not stop short of driving wars. The profit seeking economy is held in place by the complex legal arrangements that constitute finance. Globally, there has developed, unannounced and unaccountably, what amounts to a privatised constitution - binding agreements that transcend sovereign jurisdictions. Hopes of redirecting the financial assets created within this system, by means of modest reforms, towards objectives of social justice and ecological sustainability may prove illusory. To achieve such objectives arguably requires the constitution of a global normative order guided by public and political decision-making. The achievement of a publicly accountable constitutional order that is superordinate to the financial system might be regarded as a revolutionary transformation.

Business & Money

Hayward, Tim

Economics

Oxford University Press

Can global justice be promoted by distributing money more equitably? Could even relatively small financial sacrifices by the affluent work, through benign leverage, to achieve that goal? Global Justice and Finance casts new light on such questions by considering what is presupposed about finance. Redistributive proposals assume money to be a reliable measure, store of value, and medium of exchange. Yet maintaining stable interest, inflation, and exchange rates in a dynamic capitalist economy is a considerable achievement involving a complex financial system. Such global coordination could, if so directed, contribute immensely to humanity's betterment, yet under the direction of a profit seeking elite it leaves a majority disempowered, impoverished, and indebted. To pay debts, ever more desperate measures to wrest value from the world's natural resources increase ecological pressures to harmful extremes, and those pressures do not stop short of driving wars. The profit seeking economy is held in place by the complex legal arrangements that constitute finance. Globally, there has developed, unannounced and unaccountably, what amounts to a privatised constitution - binding agreements that transcend sovereign jurisdictions. Hopes of redirecting the financial assets created within this system, by means of modest reforms, towards objectives of social justice and ecological sustainability may prove illusory. To achieve such objectives arguably requires the constitution of a global normative order guided by public and political decision-making. The achievement of a publicly accountable constitutional order that is superordinate to the financial system might be regarded as a revolutionary transformation.

Constitutional Environmental Rights

Should the fundamental right to an adequate environment be provided in the constitution of any modern democratic state? Drawing on precedents from around the world, this book provides the first politically-focused analysis of this pivotal issue. Hayward compellingly demonstrates how the right is both necessary and effective, conducive to democracy, and serves the cause of international environmental justice.

Science & Math

Earth Sciences

If you're a Food Adventurer, you cook for pleasure. You love trying out new dishes on family and friends, and you never miss a chance to improve your knowledge and skills. You're at your happiest when you have hours to devote to a fascinating recipe. In The DIY Cook, each chapter is led not by recipes but "projects": nuts-and-bolts guides for the food lover with free time for fun in the kitchen. Constructing a cassoulet, boning and stuffing a pig's trotter, building a trifle. Each project inspires related but simpler recipes, skipping across time, cultures and cuisines. Includes metric measures.

The DIY Cook

Cookbooks, Food & Wine

Cooking Methods

Fig Tree

Prehistoric Life

Children's Books

Golden Books

Ecological Thought: An Introduction

This book offers a new introduction to the implications of ecology for social and political thought, arguing for green ideas to be taken seriously by mainstream social and political theorists.

Politics & Social Sciences

Philosophy

Polity Pr

Polity

Political Theory and Ecological Values

This book shows why political theorists must take account of ecological concerns as part of their core enterprise, and how they can do so. It mounts a challenge to the received wisdom, of political theorists and their ecological critics alike, that specifically ecological values go against human interests. In Part I, Hayward criticizes those accounts of ecological values which appeal to natures intrinsic value or advocate a nonanthropolocentric ethic. Such appeals are bound to fail, he argues, not because their moral impulse is too demanding but because values unrelated to human interests are conceptually incoherent. Insisting on them is politically counterproductive. Part II reveals how it is actually in humans interests to integrate ecological concern into political institutions and policies. Following a nuanced discussion of selfinterest, Hayward goes on to show how some ecological problems can be solved by harnessing humans rational selfinterest to marketbased and fiscal policies, and others by using more enlightened interests in the provision of social goods. The argument regarding ecological problems that affect nonhumans more directly than humans is that humans have an interest in selfrespect and integrity which provides reasons to respect nonhuman beings and their environmental interests. The concluding chapter indicates how the articulation of ecological values in terms of interests makes it possible to integrate them into a political theory of basic social institutions. This book will be of interest to students and scholars in political theory and environmental studies.

Biography & History

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Books by Hayward, Tim