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It devoted its work to the ethical responsibility of companies

"TWENTY PROPOSALS TO REFORM CAPITALISM."

under the direction of Gaël Giraud and Cécile Renouard, Flammarion, 22 euros.

The profusion of books written under the financial and economic crisis, it has a double feature which attracted attention. The first is that these "twenty proposals to reform capitalism" are the result of a joint work between the world of University research and business actors. The ten authors of this collective include a Chief Financial Officer of multinational, bankers operating in the markets for credit or tanker, but also business school teachers and a researcher at the CNRS, who himself has advised investment companies. The exercise in which they engage is therefore neither a banal and new pamphlet academic disert on the causes of the crisis but inconsistent on the alternatives, or self-serving account of an ex-trader or former telling the Interior all the sins he has committed. It is a credible work. Compensation of the financial operators in their training, control of the risks instead of salaried employment, international taxation to the establishment of a financial transactions tax, are serious and reasoned sometimes even very techniques to a public not warned. The authors "open the tracks on the ways and means of international regulation which we know that it is also essential that currently very imperfect", summarized in his foreword Pascal Lamy, the pattern of the World Trade Organization.

But the second originality of the work is the principal authors, young quitting, which coordinated all. One, Gaël Giraud, is a Jesuit 12November, Ensae and member of the school of Paris economy, already author of a book of research on the theory of games. The other, Cécile Renouard, is a religious of the assumption, Essec, teacher at the Ecole des mines de Paris and the Centre Sèvres (Jesuit). It devoted its work to the ethical responsibility of companies. Neither one nor the other and even less their sponsors may want no doubt that their points of view be apprehended through the Catholic Prism: they are first researchers and practitioners. Their proposals are indeed no catechesis. But they nevertheless reflect current desire of Catholic intellectuals to be present on the ground of the analysis of the recession deeper since 1945, its causes and solutions to propose, with the acquis that provides the global gaze globalized of the Christian tradition. A desire is found in the columns in magazines such as "Project", "Studies", those of the "Entrepreneurs and leaders Christians" ("EDC") or in the Conference of the Bishops of France publications. A Vatican encyclical is also expected in the days ahead on the issues of the crisis.

Image of moralism

What message are sending the authors Their first concern is to get rid of the image of a little outdated moralism that sticks to the skin of "Mormons". "On ethics, it is not, in our eyes, of morality of the individual conscience which would simply wisely rules of the game.". "It is a responsibility and collective awareness of the need to change all the rules of the game themselves", warn Gaël Giraud and Cécile Renouard. If currents are, as elsewhere, many in the Catholic Church, the liberal Social Democrats and supporters of the decay, the authors of the "twenty proposals" lie, they resolutely of reformism. Liberal capitalism is not dead and it is not question of demonizing the financial markets, it is simply the "libertarisme" to be buried, other names of the reaganisme and Thatcherism. This position is relatively new for the attention and invite to reading.