Moral Economy Theory

Kathrin Komp-Leukkunen*, Zhen Jie Im

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingEncyclopedia chapterResearchpeer-review


Moral economy theory describes shared social norms and moral assumptions underlying forms of economic organization and production. It also describes individuals’ perceptions of rights and responsibilities towards other individuals within a similar community. With respect to old age, moral economy theory focuses especially on the norms and moral assumptions shaping retirement, old age care, and the third age.
Original languageEnglish
Title of host publicationEncyclopedia of Gerontology and Population Aging
EditorsDanan Gu, Matthew E. Dupre
Number of pages5
Place of PublicationCham
Publication date7 May 2019
EditionLiving Edition
ISBN (Print)9783030220082
ISBN (Electronic)9783030220099, 9783030220105
Publication statusPublished - 7 May 2019
Externally publishedYes

Bibliographical note

Epub ahead of print. Published online: 07 May 2019


  • Ideals of reciprocity
  • Moral reflections on the market
  • Norms concerning economic exchange

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