False profits of ethical capital

Finance, labour and the politics of risk

By Claire Parfitt

False profits of ethical capital
Hardcover -
  • Price: £85.00
  • ISBN: 9781526174246
  • Publish Date: Jul 2024
  • Publisher: Manchester University Press
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    False profits of ethical capital is a thought-provoking approach to understanding stakeholder capitalism. Rather than focusing on the inadequacies of corporate responsibility, sustainable investment and consumer politics, this book grapples with the technical and rhetorical functions of ethical capital for profit and accumulation. It provides a unique and eclectic analysis of the political dynamics between finance, capital and labour, offering a refreshing perspective on struggles interlocking social, ecological and economic crises, and suggesting new ways of thinking about sustainability politics.


    'In their timely new book, Jarvis, Macdonald, and Whiting offer a rich and nuanced analysis of the vernacular understandings and experiences of counter-radicalization initiatives such as the UK's controversial Prevent program. What emerges is a complex picture in which the language of radicalization retains conceptual resilience despite profound criticisms, and the strategy itself elicits both support and frustration from citizens who both recognize the security challenge confronted yet remain sceptical of the framework employed to address it. This book makes multiple important contributions, methodologically in its application of 'vernacular security', analytically in its revealing of everyday politics, and normatively in providing space for subjugated narratives on this divisive arena of public policy. It deserves to become essential reading for scholars across political science, legal studies, sociology, criminology, and beyond with interests in critical security studies, counter-terrorism, and citizenship.'

    Tahir Abbas, Professor of Radicalisation Studies, Leiden University, Netherlands


    Introduction: A more responsible and resilient capitalism?
    Part I Moral economies
    Chapter 1 A history of capital's moral economies and speculation
    Chapter 2 A speculative moral economy
    Part II Risk and value
    Chapter 3 Ethics, risk and value: The derivative logic in action
    Chapter 4 Accounting for ethics: SASB and Integrated Reporting
    Part III Producing ethical capital
    Chapter 5 Brands and the (re)production of ethics
    Chapter 6 ESG information as an ethical capital asset
    Conclusion - Risky politics: Considerations in contesting ethical capital


    Claire Parfitt is a Lecturer in Political Economy at The University of Sydney

    False profits of ethical capital

    By Claire Parfitt

    Hardcover £85.00 / $130.00

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