Financial Ethics Workshop – September 16-17

The Financial Ethics Research Group (University of Gothenburg, Sweden) is organizing its first “Financial Ethics Workshop” on September 16-17. See the detailed schedule below.

The workshop will be held on zoom. Registration is free but mandatory. Please send an email to <louis.larue.2@gu.se> no later than September 14.

Following the workshop, a planned book on the philosophy of money and finance, edited by Joakim Sandberg and Lisa Warenski, is due to be published by Oxford University Press.

Note: Time indicated below is UCT+2 (Central European Summer Time)

Thursday 16 SeptemberTitle
10h30 – Joakim Sandberg (University of Gothenburg )Welcome address.
11h Adrian Walsh (University of New England, Australia)Financial Ethics and the Moral Status of the Profit Motive
12h Lunch 
13h Boudewijn de Bruin (University of Groningen)Reflexive Law and Epistemic Virtues: The EU Sustainable Finance Action Plan
14h Richard Endörfer (University of Gothenburg)What precisely is Wrong with Banks Contributing to Financial Crises?
15h Break 
15h30 Lisa Warenski (CUNY)Epistemic Dimensions of Culture and Conduct
16h30 Aaron James (University of California, Irvine)Rawls, Lerner, and the Tax-and-Spend Booby Trap
Friday 17 September 
9h30 – Welcome 
10h Marco Meyer (University of Hamburg)Credit and Distributive Justice
11h Christopher J. Cowton (Huddersfield Business School)Truth in financial accounting
12h Lunch 
13h Clément Fontan (UCLouvain)Beating around the (green) bush: central banks in face of the environmental meltdown.
14h Joshua Preiss (Minnesota State University)Freedom and the Ends of Financial Market Reform

Conference on Climate Change Adaptation Finance, September 6-7

The programme for the conference on “Climate Change Adaptation Finance: Normative and Empirical Perspectives” is now online. It includes a Keynote by Stacy-Ann Robinson (accessible without registration) and a Panel Discussion with representatives from governments, NGOs, policy advice and science. The full programme and further information are available at: https://www.adjust-climate.org/en/conference-2021/

The online conference takes place from September 6 to 7 and registration is free. Just send an email to Jochen Heubach (jheubach@philsem.uni-kiel.de) until September 1, saying that you want to participate in the conference.

The conference brings together leading scholars working on adaptation finance who will present their work on topics such as risk reduction, justice & equity, access to finance, reporting and allocative issues. From a variety of perspectives and disciplines, it aims at discussing how to achieve an effective and fair distribution of available adaptation finance and how to increase that funding.

Summer School on “The Workings of Capital: Perspectives on Exploitation in Law, Labor, and Distribution”

When: July 15-17, 2021

Where: The school will be held online. We will monitor existing conditions and regulations, and if possible, we will move the event to a blended format, featuring on-campus lectures and online sessions. In case of a blended format, the event will be hosted at the Auditorium of the Institute of Letters and Human Sciences (ILCH) at the ​University of Minho, Braga.

Organization: This event is co-organized by the Centre for Ethics, Politics, and Society of the University of Minho, and the Philosophy Department of the University of York

Convenors: Catarina Neves, Daniele Santoro, and Pedro Teixeira

Speakers:  Martin O’Neill (University of York), Katharina Pistor (Columbia University), João Rodrigues (Universidade de Coimbra), Nicholas Vrousalis (University of Rotterdam)

Website: https://12thsummerschoolcepsbraga.weebly.com

Description
Since Marx’s early theorization, exploitation has been identified as a defining feature of the capitalist mode of production. Exploitation sheds light on the causes of the unfair distribution of resources, opportunities, and wealth, the commodification of the labor market, as well as the plundering of natural resources. It also has the normative significance of both a moral wrongdoing and a structural aspect of an unjust system that calls for change, activism, and revolution once again. As inequalities soar and the concentration of wealth lacerates the social fabric of traditional welfare state societies, the exploitative nature of late-stage capitalism has drawn the attention of a new generation of political philosophers, both in the critical and the analytical tradition.

How does capitalist exploitation take place through legal, distribution, and productive means?  How should we understand the conceptual and normative dimensions of exploitation, and what policies should be pursued to create a less exploitative form of production? The goal of the 12th edition is to answer this question by exploring the role exploitation plays within new forms of capitalist production.

The critique of capitalism is a recurrent theme of the School. In past editions, we discussed alternatives to the existing capitalist regime, such as property-owning democracy (2014) and democratic socialism (2018). We also questioned the legitimacy of free-market capitalism and the role of corporations (2019). 

Our aim in this edition is to elucidate the concept of exploitation, investigate its distributive implications for public policy, its impact on labor and the labor market, and the legal framework enabling exploitative processes.

Among the questions we are particularly interested in debating are the following:   

  • What is exploitation? Is exploitation always unjust? How to distinguish exploitation from other forms of moral wrongdoing?
  • What taxonomy of exploitation can we identify in capitalistic and socialist regimes?
  • Are new forms of exploitation essentially distinct from traditional forms of exploitation?
  • Which are the forms of labor most affected by current forms of exploitation? How can decommodification mitigate individuals’ exploitation in the labor market?
  • How can policies of predistribution and/or redistribution address issues of exploitation?
  • Can egalitarian policies mitigate exploitation, and if so, which ones are the most effective?
  • Can exploitation happen in an egalitarian society, and what can we do about it?
  • What is the role of the law in perpetuating inequality and exploitation, especially through financial markets?

Format

The school will take place over three days. Two invited lectures will be delivered each day. We invite the participation of Ph.D. students, postdoctoral scholars, and established researchers to join us in the discussion and present their ongoing work on these topics or any related theme. Abstract proposals should not exceed 500 words. To submit a proposal, visit the School’s website.

Deadline for Abstract submission: May 30, 2021
Applicants who only wish to attend the summer school, and do not want to submit a proposal, should only register for the event (see information below).

Participation

Due to travel restrictions that could still affect on-site participation next Summer, the School is being organized in a digital format this year. We hope that delivering the event online will encourage proposals from many who might be hesitating to commit to an in-person event, giving the current uncertainty. We will follow the changes in travel restrictions and the regulations in Portugal regarding international academic events. In case the situation changes, we will consider a blended format for the school, and we will inform all participants. More information about the format will be provided closer to the date of the school. For now, participants will be asked to submit their preferences for the school’s format.

The participation fee is 30 Euros in case the school takes place online. In case we are able to organize a partial in-person event, we will ask participants to increase the fee up to 50 Euros to cover expenses.  Detailed information about registration and payment procedures are available on the School’s website.

Deadline for registration: June 20, 2021. ​​

Information about the program and the school format will be available later on the website. 

For other queries, contact: 12thbragasummerschool@gmail.com

Climate Futures Workshop 2021: Climate Solutions, Money, and Politics

Asynchronous / Online / June 16-30

https://cfi-onlineworkshop.net/2021-cfa

All solutions to climate change—whether mitigation, adaptation, or compensation—play out against a backdrop of domestic and global financial, economic, and political systems. Proposed climate solutions raise issues of justice as well as politics and finance. The complex interplay of these issues calls for conversation and collaboration across disciplinary boundaries.

Visions of a Just Transition, a Green New Deal, or a Green Recovery from COVID-19 have captivated imaginations: but to what extent should responses to climate change be intertwined with radical social, economic, or political transformation? Fossil fuel companies facing asset stranding have obstructed climate solutions: but do they hold the key to developing carbon dioxide removal technologies? Renewable energy remains generally capital-intensive: how can we incentivise breakthrough innovations? Future generations will benefit significantly from action on climate change today: should we “borrow from the future” to fund a clean energy transition?

Facilitating conversations addressing such questions is the aim of this year’s Climate Futures Workshop. We outline some other possible questions below:

Broad

  • What role should we take self-interest to play in climate finance and politics, and how should self-interested motivations be constrained and channeled?
  • Is it feasible or desirable for future generations to bear any of the costs of current mitigation measures?
  • How do climate solutions connect with social movements for political and climate justice?

Narrow

  • Can fossil-fuel firms transform themselves from part of the problem to part of the solution? Can and should they be forgiven for their past roles in causing climate change and obstructing action to mitigate it? What kinds of constructive contributions can they offer? How can the various resources of fossil-fuel companies be redirected for developing climate solutions?
  • Developed countries agreed in Paris to a goal of “mobilising” $100bn per year by 2020 in climate finance. How should “mobilisation” be understood? How can climate finance be made more effective?
  • Can payments for ecosystem services such as natural carbon sinks be both just and effective?
  • What balance of command-and-control or pricing instruments will best achieve climate justice?
  • What role should economic measurements of the social cost of carbon play in setting climate policy, given the theoretical and practical difficulties of an accurate assessment?
  • Is buying fossil fuel reserves in order to keep them in the ground a feasible strategy?
  • Can changes in corporate governance incentivise increased investment in climate change adaptation?

Presenters

  • Robert Keohane
  • John Broome
  • Rebecca Henderson
  • Michael Oppenheimer
  • Simon Caney
  • Alyssa Bernstein
  • Paul Kelleher
  • Rachel Kyte
  • Angel Hsu
  • Alexandre Gajevic Sayegh
  • Matto Mildenberger
  • Jessica Green
  • Thea Riofrancos

Organizers

The Climate Futures Workshop 2021 is sponsored by the Climate Futures Initiative, the High Meadows Environmental Institute, and the Center for Human Values at Princeton University.

Essay Contest ‘The Future of Capitalism in Europe’

The Future Markets Consultation invites students and young scholars to submit their ideas on a sustainable and just market economy for Europe in the shape of an essay. A prize is available in three categories: (1) bachelor students, (2) master & PhD students and (3) young scholars until 35 years.

What we are looking for
The length of your essay should be at most 3,500 words including notes and references. Your essay should be aimed at an educated, yet non-academic public. A preference will be given to essays that do not just analyze the current situation, but also suggest ways to move forward.

What happens to your essay
All essays will be taken into account as input for the final report of the Future Markets Consultation. A selection of the best essays will be published on both the consultation website and on the Moral Markets portal.

Essay topics
You can write an essay on any topic that is of relevance to the consultation, including but not limited to:

  • Markets, government & civil society
  • How to deal with growing inequality
  • The desirability & necessity of economic growth
  • Sustainability & markets
  • Economics & the common good
  • Democratizing the economy
  • The role of civil society in capitalism
  • Business as a force for good
  • Dealing with corporate power concentrations
  • The role of work in the economy of the future
  • Reforming finance & financial institutions
  • The mix of global & local / smart globalisation
  • The spiritual & moral foundations of capitalism
  • The potential for cooperatives
  • Stimulating sustainable growth
  • True pricing

For more suggestions for relevant topics, please check our website.

Deadline: 3 January December 2021
For information on the essay contest, please visit:
https://www.moralmarkets.org/futuremarketsconsultation/activities/essay-contest/

CFP: Ethics of Business, Trade & Global Governance – An Online Conference

Date:  Friday, December 4, 2020
Proposal Submission Deadline: September 15, 2020
Plenary Speaker: Douglas Irwin, John French Professor of Economics, Dartmouth College

The Saint Anselm College Center for Ethics in Business and Governance, in cooperation with the Department of Finance—University of Vienna and the University of St. Andrews Centre for Responsible Banking & Finance, announces a call for proposals for a one-day conference on the economics, ethics and governance of global commerce.

International trade policies and disputes have dominated domestic and international politics.  From the continued negotiations in the EU and the UK over Brexit to US/China tariff “battles,” the questions and debates over international trade and capital flows will not be going away, particularly in the midst, and in the aftermath, of the COVID-19 pandemic.  Many of these trade discussions highlight the economic benefits and costs of individual trade deals or policies without examining the diverse ethical, economic, social and political ramifications of globalization and trade for global actors as well as for local communities and businesses. What is needed now is a more comprehensive, interdisciplinary discussion of the complexities of international commerce.

The goal of this one-day conference is to bring together ethicists, economists, political scientists, international relations scholars, policy experts, and business leaders to examine not only the political and economic impact of globalization but also how international trade and investment can be conducted more ethically.

Continue reading

Postdoc “Democratic Governance of Funded Pension Schemes” at Leiden University

The Institute of Public Administration of the Faculty of Governance and Global Affairs at Leiden University is looking for a post-doctoral researcher for the NORFACE-funded project  “Democratic Governance of Funded Pension Schemes” (DEEPEN). The position is for up to 3 years, with a start date  between September 1 and December 1, 2020.

The postdoc will be part of the research team at Leiden University, led by Dr. Natascha van der Zwan. Other research teams are based in Austria, Ireland and Spain. We’re looking for candidates with a PhD in political science, sociology, or related discipline. Candidates should also have a strong command of qualitative research methods. In addition to proficiency in English, a good command of Dutch is considered an important asset.

Deadline for applications is soon: *June 23, 2020*.

A full description of the position can be found here <https://nataschavanderzwan.com/2020/06/09/postdoc-for-deepen-project/>.

To apply, please use the Leiden University application portal <https://career012.successfactors.eu/career?_s.crb=gkRl6T%252bfNEZ9InAGuuUxS6knMFaVWIh5IZF%252fWRVXIKE%253d>.

Seventh Annual Amartya Sen Essay Prize 2020

This year, Global Financial Integrity and Academics Stand Against Poverty will be awarding the seventh annual Amartya Sen Prizes to the two best original essays examining one particular component of illicit financial flows, the resulting harms and possible avenues of reform. Entered essays should be about 7,000 to 9,000 words long. There is a first prize of $5,000 and a second prize of $3,000.

Illicit financial flows are generally defined as cross-border movements of funds that are illegally earned, transferred, or used. Examples are funds earned through illegal trafficking in persons, drugs or weapons; funds illegally transferred through mispriced exchanges (e.g., among affiliates of a multinational corporation seeking to shift profits to reduce taxes); funds moved to evade taxes; and funds used for corruption of or by public or corporate officials. Illicit financial flows are explicitly recognized as an obstacle to achieving the Sustainable Development Goals and singled out as a separate target #4 of SDG 16.

Components of illicit financial flows can be delimited by sector and geographically. Delimitation by sector might focus your essay on some specific activity, business or industry – such as art, real estate, health care, technology, entertainment, shipping, agriculture, sports, gaming, education, politics, tourism, natural resource extraction, banking and financial services – or on an even narrower subsector such as the diamond trade, hunting, insurance or prostitution. Delimitation by geography might further narrow the essay’s focus to some particular country, province or region.

Your essay should describe the problematic activity and evaluate the adverse effects of it that make it problematic. Also, in quantitative terms insofar as this is possible, you should estimate the magnitude of the relevant outflows as well as the damage they do to the institutions and to the affected populations. This might include harm from abuse, exploitation and impoverishment of individuals, harm through subdued economic activity and reduced prosperity, and/or harm through diminished tax revenues that depress public spending.

Your essay should also explain the persistence of the harmful activity in terms of relevant incentives and enabling conditions and, based on your explanation, propose plausible ways to curtail the problem. Such reform efforts might be proposed at diverse levels, including supranational rules, national rules, corporate policies, professional ethics, individual initiatives, or any combination thereof. The task is to identify who has the responsibility, the capacity and (potentially) the knowledge and motivation to change behavior toward effective curtailment.

We welcome authors from diverse academic disciplines and from outside the academy. Please send your entry by email attachment on or before 31 August 2020 to senprize@gfintegrity.org. While your email should identify you, your essay should be stripped of self-identifying references, formatted for blind review.

Post-doc in Economic Ethics

The University of Gothenburg is looking to hire a 2-year postdoctoral researcher in economic ethics; that is, the application of moral or political philosophy to critical issues in business organizations or the economic system. The topic should be understood broadly so as to include subtopics like business ethics, professional ethics, ethics and economics, the political philosophy of markets, and the philosophy of economics.

The post doc will join the Financial Ethics Research Group under the direction of Professor Joakim Sandberg. The group is funded by the University of Gothenburg, the Knut and Alice Wallenberg Foundation, the Marcus and Amalia Wallenberg Foundation, and the Swedish Foundation for Strategic Environmental Research (Mistra). For more information about the group, see https://flov.gu.se/english/research/research-programs/financial-ethics

Subject area

Practical philosophy

Subject area description

Economic ethics is the application of concepts, methods and theories from practical philosophy to critical issues in business organizations and the economic system.

Job assignments

The position provides the postdoctoral researcher with an opportunity to solidify and develop his or her scientific skills through conducting research in economic ethics. He or she is expected to spend most of his or her employment on research. The research will be conducted in close collaboration with the rest of the research group, and he or she is expected to actively participate in group-related seminars, events and other activities. He or she is expected to carry out the vast majority of the research in Gothenburg and to participate in a regular and consistent manner in the department’s other relevant research activities. There is an additional possibility to assist in the educational development or teaching of a new M.A. programme in Philosophy, Politics, and Economics (PPE) that is being planned at the department. However, such additional duties will not exceed 20 %.

Eligibility

Eligible for a postdoctoral position are those with a PhD or other foreign degree that is deemed equivalent to PhD. The subject of the doctoral thesis should be in a research area relevant to the subject description above. Since the postdoctoral position is intended to give junior researchers the opportunity to establish themselves in the field, we aim to employ applicants that graduated with PhDs within 3 years of the application deadline.

Assessment

Most emphasis will be put on research proficiency as it is demonstrated in the applicant’s PhD thesis, other publications and project plan. Emphasis will also be put on a documented ability to cooperate and strong skills in planning and organizing research as well as disseminating research results. Furthermore, we give priority to applicants whose project plan and prior work can strengthen the research group overall. The recruitment process may include interviews (possibly by video link) and contacting references.

Apply by

Please submit your application by 2020-06-01.

For more information

For further information about the position, including instructions on how to apply, please visit:

https://www.gu.se/english/about_the_university/job-opportunities/vacancies-details/?id=5703

Contact person

Joakim Sandberg, Project leader
joakim.sandberg@gu.se
https://flov.gu.se/english/research/research-programs/financial-ethics

Fellowships in economic or social ethics

The Hoover Chair in Economic and Social Ethics hosts every year a number of short-term post-doctoral fellows. This year 2020-21 we will offer:

Honorary Hoover post-doctoral fellowships in the field of economic or social ethics. Honorary Hoover post-doctoral fellowships cover travel costs and up to EUR 500 for other expenses

FAIR INHERITANCE, full post-doctoral fellowship, specifically devoted to research on fairness and inheritance. Fellows with no other source of income are offered an all-inclusive gross monthly stipend of EUR 2000 for a period not exceeding 4 months. Fellows on paid leave from their own institution are offered a contribution to their travel and housing expenses.

The selection committee will give special consideration to applications from underrepresented groups in academia (women, minorities and persons with disabilities) and from researchers who live in jurisdictions where academics face significant material or political constraints. Qualified researchers who correspond to this profile are strongly encouraged to apply.

  • Privileges. All fellows will be full members of the Hoover Chair for the duration of their stay. They will be provided with office space, internet connection, free access to various other services, some secretarial assistance, and help in finding accommodation. They will be welcome to take an active part in the Hoover Chair’s activities and will have access to the University’s seminars, lectures and libraries.
  • Eligibility. Candidates must be scholars from outside Belgium, who hold a doctorate or possess equivalent qualifications and are active in the field of economic or social ethics broadly conceived. Candidates to a full fellowship must have no professional income from other sources in the period concerned. Proficiency in either English or French is required, and at least a passive knowledge of both is desirable.
  • Domain. Scholars with an active interest in the main research themes of the Hoover Chair’s members are particularly welcome. These themes include theories of social justice, theories of democracy, the institutional division of distributive labor, the potential and limits of corporate social responsibility, basic income and the future of the welfare state, the stigmatization of social categories, the destiny of the European Union, intergenerational justice, linguistic justice, democracy and solidarity in multinational polities, workplace democracy, ethical behaviour under extreme circumstances, social science research ethics, climate justice, etc. Many of them are illustrated in the essays contained in the volume Arguing about Justice, which can be downloaded free of charge.

* Applications must reach Dina Geron through e-mail with “Hoover post-doctoral fellowship” or “Inheritance post-doctoral fellowship” as subject no later than March 10 2020.

  1. Fill in the form on this page.
  2. Attach to your mail a short letter (in French or English) stating briefly your current research interests with regard to the Hoover Chair as well as your research plan for your stay at the Chair.
  3. Also attach a detailed Curriculum Vitae.