Interest in Aristotelianism and in virtue ethics has been growing for half a century but as yet the strengths of the study of Aristotelian ethics in politics have not been matched in economics. This ground-breaking text fills that gap. Challenging the premises of neoclassical economic theory, the contributors take issue with neoclassicism's foundational separation of values from facts, with its treatment of preferences as given, and with its consequent refusal to reason about final ends. Contributions critically engage with aspects of corporate capitalism, managerial power and neoliberal economic policy, and reflect on the recent financial crisis from the point of view of Aristotelian virtue ethics. Containing a new chapter by Alasdair MacIntyre, and deploying his arguments and conceptual scheme throughout, the book critically analyses the theoretical presuppositions and institutional reality of modern capitalism.

Introduction, AndriusBielskis, KelvinKnight; Part I The Virtue Critique of Capitalist Economy; Chapter 1 The Irrelevance of Ethics, AlasdairMacIntyre; Chapter 2 Neoliberalism and its Threat to Moral Agency, BobBrecher; Chapter 3 Economics as Ethical Pre-condition of the Credit Crunch, WilliamDixon, DavidWilson; Chapter 4 Is Aristotelian Capitalism Possible?, RajeevSehgal; Part II Polemicising the Critique; Chapter 5 Equality, Vulnerability and Independence, JohnO'Neill; Chapter 6 No Place to Hide for the Moral Self: Bureaucratic Individualism and the Fate of Ethics in Modernity, PeterMcMylor; Chapter 7 Reappraising Neoliberalism: Homo Economicus, Practitioners and Practices, MustafaOngun; Chapter 8 The Great Perverting Transformation, NikoNoponen; Part III Alternatives to Capitalist Economy; Chapter 9 Goods, Interests and the Language of Morals, PiotrMachura; Chapter 10 Formalising Functions: The History of a Passing Challenge to Capitalist Economy, KelvinKnight; Chapter 11 Towards a Critical Ethical Economy, RussellKeat; Chapter 12 How Is Ethical Revolution Possible?, Buket KorkutRaptis; Chapter 13 Anti-Capitalist Politics and Labour for the Twenty-first Century: History and Future Challenges, AndriusBielskis;