Wiedergewinnung von Vertrauen oder Rueckkehr der Vertrauensillusion? Ein Plaedoyer fuer gesundes Misstrauen gegenueber systematischen Tautologien (Regain of Trust or the Return of an Illusion? A Call for Sensible Mistrust in Face of Systemic Tautologies)
AbstractDie Wurzeln des im Rahmen der aktuellen Krise verlorenen Vertrauens sassen nicht tief. Im Gegenteil war auch das scheinbare Funktionieren der Finanzmaerkte gepraegt von einem tief sitzenden, kaschierten Vertrauensverlust und von einer tautologisch „begruendeten“ Vertrauensillusion. Autoreferenzielle, ihrer normativen Bezugshorizonte entledigte Denkmuster sind an der Wurzel individuellen, institutionellen und systemischen Versagens auszumachen. Zu deren UEberwindung ist nicht mehr Moral, sondern mehr ethische Kompetenz auf allen Gestaltungsebenen des Wirtschaftens gefordert. (The loss of trust in the context of the actual crisis is widely deplored. But how deep were the roots of trust after all? This article argues that the financial system, even in times of well functioning, was affected by deep mistrust, masked by a mere illusion of trust, evolving from processes of self-reference. A self-referring rationale, lacking external normative reference, is at the root of individual, institu-tional and systemic failure. The call for more or better morals, often seen as means to overcome the crisis, will fall short of its desired effect. There is a need for sensible mistrust and ethical competence of responsible people. This might bring us a step further to more stable financial markets that serve, rather than threaten, the stability of societies on a global scale.)
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Bibliographic InfoArticle provided by Rainer Hampp Verlag in its journal Zeitschrift fuer Wirtschafts- und Unternehmensethik.
Volume (Year): 11 (2010)
Issue (Month): 2 ()
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Web page: http://www.hampp-verlag.de/
Postal: Rainer Hampp Verlag, Journals, Marktplatz 5, 86415 Mering, Germany
Find related papers by JEL classification:
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
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- G01 - Financial Economics - - General - - - Financial Crises
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
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