Professional Authority After the Global Financial Crisis: Defending Mammon in Anglo-America

In: Building a Sustainable Political Economy: SPERI Research & Policy

Abstract

Professional Authority After the Global Financial Crisis -- Acknowledgements -- Contents -- Abbreviations -- List of Figures -- 1 Professional Authority and Anglo-American Finance in Crisis -- Professional Authority in Anglo-American Finance -- The Professionals Examined -- The Explicit Ethical Emphasis -- Understanding the Explicit Ethical Emphasis -- Limits of the Enhanced Ethical Emphasis -- The Data Underlying This Book -- Summary, Contribution, and Audiences -- Notes -- 2 The Dynamism of Authority in Global Governance -- Dynamic Processes of Authority -- Identities and the (Self-)Legitimation of Power -- Discourse, Agency, and Structure -- Exercising Authority in Global Governance -- Authority Beyond the State -- Public and Private Practices -- Professional Authority in Global Financial Governance -- Chapter Summary -- Notes -- 3 The Dynamic Authority of Leading Financial Services Providers -- The Pre-crisis Authority of Financial Services Providers -- Credit Rating Agencies: Expert Identities, Backgrounded Moralities -- Accounting Firms: Expert Identities, Backgrounded Moralities -- Technology, information, and news corporations: Expert Identities, Background Moralities -- Financial Crisis and Contestations of Authority -- The Expert Identities of Credit Rating Agencies in Crisis -- The Expert Identities of Accounting Firms in Crisis -- The Expert Identities of Technology, Information, and News Corporations in Crisis -- Defending Mammon: Re-legitimating Power in the Aftermath of Crisis -- The Enhanced Ethical Emphasis of Leading Accounting Firms -- The Enhanced Ethical Emphasis of Leading Credit Rating Agencies -- The Enhanced Ethical Emphasis of Leading TINCs -- Self-legitimation -- Chapter Summary -- Notes -- 4 The Dynamic Authority of Economists -- The Pre-crisis Authority of Orthodox Economists -- Economese and Expert Identities