Nietzsche and Informal Value Transfer Systems (IVTS)

  • Michel Dion
Part of the Ethical Economy book series (SEEP)


Informal value transfer systems (IVTS) seem to be morally neutral. But it is not the last word about their moral/immoral character. We could then fall into the gap of false (self-forged) interpretation: we could exert strong (conceptual) pressures in order to make IVTS phenomenon fitting within our own understanding of financial crimes. In doing so, we would distort reality and neglect the major part of the IVTS phenomenon: the culture of lies, deception and manipulation. Such culture could be developed in legitimate as well as illegitimate IVTS activities. According to Nietzsche, our self-knowledge is closely linked to the knowledge of everything that is. Our self-knowledge is quite limited. According to Nietzsche, we are strangers to ourselves. We are not beings of knowledge with respect to who-we-are. Self-perception is based on mistakes, that is, wrong interpretations of who-we-are. Others’ opinion (about ourselves) is always used to strengthen our self-perception. Authorities are respected by individuals, since the attitude of mutual respect could reinforce self-confidence. We should remind Nietzsche’s principle of a limited self-knowledge, particularly when we are looking at the IVTS phenomenon.


Moral Judgment Human Existence Conditioning Factor Religious Institution Life Process 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


  1. Adorno, Theodor W. 2010. Minima Moralia. Réflexions sur la vie mutilée. Paris: Petite bibliothèque Payot.Google Scholar
  2. Arendt, Hannah. 2009. Responsabilité et jugement. Paris: Petite bibliothèque Payot.Google Scholar
  3. Aristophanes. 1966. Théâtre complet, vol. 1. Paris: Garnier-Flammarion.Google Scholar
  4. Baudelaire, Charles. 1964. Les paradis artificiels. Paris: Le livre de poche.Google Scholar
  5. Berdiaeff, Nicolas. 1950. Esprit et réalité. Paris: Aubier/Montaigne.Google Scholar
  6. Berdiaeff, Nicolas. 1954. Vérité et révélation. Paris/Neuchatel: Delachaux & Niestlé.Google Scholar
  7. Berdiaeff, Nicolas. 1979. De la destination de l’Homme. Essai d’éthique paradoxale. Lausanne: L’Âge d’Homme.Google Scholar
  8. Berdiaeff, Nicolas. 1963. De l’esclavage et de la liberté de l’homme. Paris: Aubier/Montaigne.Google Scholar
  9. Boudot, Pierre. 1971. L’ontologie de Nietzsche. Paris: PUF.Google Scholar
  10. Buber, Martin. 1962. Le problème de l’Homme. Paris: Aubier/Montaigne.Google Scholar
  11. Burckhardt, Jacob. 1972. Considérations sur l’histoire universelle. Paris: Petite bibliothèque Payot.Google Scholar
  12. Burnham, Douglas. 2007. Reading Nietzsche. An analysis of “beyond good and evil”. Montreal/Kingston: McGill-Queen’s University Press.Google Scholar
  13. Campbell, David. 2003. Nietzsche, Heidegger, and meaning. Journal of Nietzsche Studies 26: 25–54.CrossRefGoogle Scholar
  14. Chassard, Pierre. 1977. Nietzsche. Finalisme et histoire. Paris: Éditions Copernic.Google Scholar
  15. Cowan, Robert Bruce. 2007. Nietzsche’s attempted escape from Schopenhauer’s South Asian sources in “the birth of tragedy”. German Studies Review 30(3): 537–556.Google Scholar
  16. Dante, Alighieri. 2010. La Divine Comédie. Paris: GF Flammarion.Google Scholar
  17. Deleuze, Gilles. 2012. Nietzsche et la philosophie. Paris: Presses universitaires de France.Google Scholar
  18. Derrida, Jacques, and Richard Beardsworth. 1994. Nietzsche and the machine. Journal of Nietzsche Studies 7: 7–66.Google Scholar
  19. Dougherty, Jonathan M. 2006. Hawala: How terrorists move funds globally. Corporate Finance Review 10(6): 28–36.Google Scholar
  20. Frazer, Michael L. 2006. The compassion of Zarathoustra: Nietzsche on sympathy and strength. The Review of Politics 68(1): 49–78.CrossRefGoogle Scholar
  21. Gambino, Giacomo. 1996. Nietzsche and the Greeks: Identity, politics, and tragedy. Polity 28(4): 415–444.CrossRefGoogle Scholar
  22. Gemes, Ken. 2001. Postmodernism’s use and abuse of Nietzsche. Philosophy and Phenomenological Research 62(2): 337–360.CrossRefGoogle Scholar
  23. Glenn, Paul F. 2001. Nietzsche’s Napoleon: The higher man as political actor. The Review of Politics 63(1): 129–158.CrossRefGoogle Scholar
  24. Glenn, Paul E. 2004. The politics of truth: Power in Nietzsche’s epistemology. Political Research Quarterly 57(4): 575–583.Google Scholar
  25. Goethe, Johann-Wolfgang. 1912. Wilhelm Meister. New York: J.M. Dent & Sons.Google Scholar
  26. Goethe, Johann-Wolfgang. 1964. Faust. Paris: Garnier-Flammarion.Google Scholar
  27. Grillaert, Nel. 2003. A short story about the “übermensch”: Vladimir Soloc’ëv’s interpretation of and response to Nietzsche’s “übermensch”. Studies in East European Thought 55(2): 157–184.CrossRefGoogle Scholar
  28. Hamilton, Christopher. 2000. Nietzsche on nobility and the affirmation of life. Ethical Theory and Moral Practice 3(2): 169–193.CrossRefGoogle Scholar
  29. Hegel, G.W.F. 2010. Phénoménologie de l’esprit, vol. 1. Paris: Gallimard.Google Scholar
  30. Heidegger, Martin. 1962. Being and time. New York: Harper and Row.Google Scholar
  31. Horkheimer, Max. 2010. Les débuts de la philosophie bourgeoise. Paris: Petite bibliothèque Payot.Google Scholar
  32. Ismail, Abdirashid A. 2007. Lawlessness and economic governance: The case of hawala system in Somalia. International Journal of Development Issues 6(2): 168–185.CrossRefGoogle Scholar
  33. Keene, Shima. 2007. Hawala and related informal value transfer systems – An assessment in the context of organized crime and terrorist finance: Is there cause for concern? Security Journal 20: 185–196.CrossRefGoogle Scholar
  34. Kirkland, Paul E. 2004. Nietzsche’s honest masks: From truth to nobility “beyond good and evil”. The Review of Politics 66(4): 575–604.CrossRefGoogle Scholar
  35. Lipovetsky, Gilles. 2006. Le bonheur paradoxal. Essai sur la société d’hyperconsommation. Paris: Gallimard.Google Scholar
  36. Löwith, Karl. 1973. Nietzsche et l’achèvement de l’athéisme. In Nietzsche aujourd’hui, 207–222. Paris: Union générale d’éditions.Google Scholar
  37. Morin, Edgar. 2005. Introduction à la pensée complexe. Paris: Seuil.Google Scholar
  38. Nawaz, Shahid, Roddy McKinnon, and Robert Webb. 2002. Informal and formal money transfer networks: Financial service or financial crime? Journal of Money Laundering Control 5(4): 330–337.CrossRefGoogle Scholar
  39. Nietzsche, Friedrich. 1967. The will to power. New York: Vintage Books.Google Scholar
  40. Nietzsche, Friedrich. 1968a. Ecce homo. In Basic writings of Nietzsche, 671–800. New York: The Modern Library.Google Scholar
  41. Nietzsche, Friedrich. 1968b. On the genealogy of morals. In Basic writings of Nietzsche, 449–599. New York: The Modern Library.Google Scholar
  42. Nietzsche, Friedrich. 1968c. The birth of tragedy. In Basic writings of Nietzsche, 15–178. New York: The Modern Library.Google Scholar
  43. Nietzsche, Friedrich. 1968d. The case of Wagner. In Basic writings of Nietzsche, 609–653. New York: The Modern Library.Google Scholar
  44. Nietzsche, Friedrich. 1968e. Beyond good and evil. Prelude to a philosophy of the future. In Basic writings of Nietzsche, 79–435. New York: The Modern Library.Google Scholar
  45. Nietzsche, Friedrich. 1973. Humain, trop humain, vol. II. Paris: Denoël/Gonthier.Google Scholar
  46. Nietzsche, Friedrich. 1974. Aurore. Pensées sur les préjugés moraux. Paris: Gallimard.Google Scholar
  47. Nietzsche, Friedrich. 1975. Humain, trop humain, vol. 1. Paris: Denoël/Gonthier.Google Scholar
  48. Nietzsche, Friedrich. 1976. Le nihilisme européen. Paris: Union Générale d’Éditions.Google Scholar
  49. Nietzsche, Friedrich. 1977. Crépuscule des idoles, ou Comment philosopher à coups de marteau. Paris: Gallimard.Google Scholar
  50. Nietzsche, Friedrich. 1978. L’antéchrist. Paris: Gallimard.Google Scholar
  51. Nietzsche, Friedrich. 1979. La généalogie de la morale. Paris: Gallimard.Google Scholar
  52. Nietzsche, Friedrich. 1982. Le gai savoir. Paris: Gallimard.Google Scholar
  53. Nietzsche, Friedrich. 1983. Par-delà le bien et le mal. Paris: Gallimard.Google Scholar
  54. Nietzsche, Friedrich. 1985. Ainsi parla Zarathoustra. Paris: Gallimard.Google Scholar
  55. Nietzsche, Friedrich. 1991. Le livre du philosophe. Paris: GF Flammarion.Google Scholar
  56. Nietzsche, Friedrich. 2000. Première considération intempestive. Paris: Éditions Mille et une nuits.Google Scholar
  57. Nietzsche, Friedrich. 2006. Fragments posthumes sur l’éternel retour. Paris: Éditions Allia.Google Scholar
  58. Nietzsche, Friedrich. 2009. Première considération inactuelle. Paris: Éditions Allia.Google Scholar
  59. Passas, Nikos. 2003. Informal value transfer systems, terrorism, and money laundering. A report to the National Institute of Justice, Washington: The U.S. Department of Justice, (November 2003).Google Scholar
  60. Passas, Nikos. 2004a. Law enforcement challenges in hawala-related investigations. Journal of Financial Crime 12(2): 112–119.CrossRefGoogle Scholar
  61. Passas, Nikos. 2004b. Indicators of hawala operations and criminal abuse. Journal of Money Laundering Control 8(2): 168–172.CrossRefGoogle Scholar
  62. Pavlich, George. 2009. Being accused, becoming criminal. In Existentialist criminology, ed. R. Lippens and D. Crewe, 51–69. London: Routledge-Cavendish.Google Scholar
  63. Perkel, Walter. 2004. Money laundering and terrorism: Informal value transfer systems. The American Criminal Law Review 41(1): 183–211.Google Scholar
  64. Reginster, Bernard. 1997. Nietzsche on resentment and valuation. Philosophy and Phenomenological Research 57(2): 281–305.CrossRefGoogle Scholar
  65. Ricoeur, Paul. 1985. Temps et récit. Vol. 3. Le temps raconté. Paris: Seuil.Google Scholar
  66. Rousseau, Jean-Jacques. 1971. Discours sur les sciences et les arts. Discours sur l’origine et les fondements de l’inégalité parmi les hommes. Paris: GF Flammarion.Google Scholar
  67. Sartre, Jean-Paul. 1938. La Nausée. Paris: Gallimard.Google Scholar
  68. Scheler, Max. 1955. L’homme et l’Histoire. Paris: Aubier/Montaigne.Google Scholar
  69. Scheler, Max. 1970. Man’s place in nature. New York: Noonday Press.Google Scholar
  70. Schopenhauer, Arthur. 2009a. Les deux problèmes fondamentaux de l’éthique. Paris: Gallimard.Google Scholar
  71. Schopenhauer, Arthur. 2009b. Le monde comme volonté et représentation, vol. 1. Paris: Gallimard.Google Scholar
  72. Shakespeare, William. 1946. Othello. The Moor of Venise. New York: Appleton-Century-Crofts Inc.Google Scholar
  73. Shanmugam, Bala. 2004. Hawala and money laundering: A Malaysian perspective. Journal of Money Laundering Control 8(1): 37–47.CrossRefGoogle Scholar
  74. Shehu, Abdullahi Y. 2003. The Asian alternative remittance systems and money laundering. Journal of Money Laundering Control 7(2): 175–185.CrossRefGoogle Scholar
  75. Stevens, Jacqueline. 2003. On the morals of genealogy. Political Theory 31(4): 558–588.CrossRefGoogle Scholar
  76. Thiele, Leslie Paul. 1991. Reading Nietzsche and Foucault: A hermeneutics of suspicion? The American Political Science Review 85(2): 581–592.CrossRefGoogle Scholar
  77. Trehan, Jyoti. 2002. Underground and parallel banking systems. Journal of Financial Crime 10(1): 76–84.CrossRefGoogle Scholar
  78. Valadier, Paul. 1975. Nietzsche, l’athée de rigueur. Paris: Desclée de Brouwer.Google Scholar
  79. Van de Bunt, Henk. 2008. A case study on the misuse of hawala banking. International Journal of Social Economics 35(9): 691–702.CrossRefGoogle Scholar
  80. Viles, Thomas. 2008. Hawala, hysteria, and hegemony. Journal of Money Laundering Control 11(1): 25–33.CrossRefGoogle Scholar
  81. Widder, Nathan. 2004. The relevance of Nietzsche to democratic theory: Micropolitics and the affirmation of difference. Contemporary Political Theory 3: 188–211.CrossRefGoogle Scholar
  82. World Bank. 2006. Global Economic Perspectives. Economic Implications of Remittances and Migration. New York: The International Bank for Reconstruction and Development/The World Bank.Google Scholar
  83. Wotling, Patrick. 2012. Nietzsche et le problème de la civilisation. Paris: PUF.Google Scholar
  84. Yelle, Robert A. 2000. The rebirth of myth? Nietzsche’s eternal recurrence and its romantic antecedents. Numen 47(2): 175–202.CrossRefGoogle Scholar
  85. Zagaris, Bruce. 2007. Problems applying traditional anti-money laundering procedures to non-financial transactions, parallel banking systems and Islamic financial systems. Journal of Money Laundering Control 10(2): 157–169.CrossRefGoogle Scholar
  86. Ziegler, Jean. 1998. Les seigneurs du crime. Les nouvelles mafias contre la démocratie. Paris: Éditions du Seuil.Google Scholar

Copyright information

© Springer Science+Business Media Dordrecht 2014

Authors and Affiliations

  • Michel Dion
    • 1
  1. 1.Département de managementUniversité de Sherbrooke Faculté d’administrationSherbrookeCanada

Personalised recommendations