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Item Details
| Title:
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FREE MARKETS AND THE CULTURE OF COMMON GOOD
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| By: |
Martin Schlag (Editor), Juan Andres Mercado (Editor) |
| Format: |
Paperback |
| List price:
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£118.50 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
9401784043 |
| ISBN 13: |
9789401784047 |
| Publisher: |
SPRINGER |
| Pub. date: |
8 May, 2014 |
| Edition: |
2012 ed. |
| Series: |
Ethical Economy 41 |
| Pages: |
260 |
| Translated from: |
English |
| Description: |
The ongoing financial crisis has engendered growing calls for stronger ethical norms in business and society. This book combines theology, economy and philosophy to examine the idea that functional free markets require sound cultural and ethical foundations. |
| Synopsis: |
Recent economic development and the financial and economic crisis require a change in our approach to business and finance. This book combines theology, economy and philosophy in order to examine in detail the idea that the functioning of a free market economy depends upon sound cultural and ethical foundations. The free market is a cultural achievement, not only an economic phenomenon subject to technical rules of trade and exchange. It is an achievement which lives by and depends upon the values and virtues shared by the majority of those who engage in economic activity. It is these values and virtues that we refer to as culture. Trust, credibility, loyalty, diligence, and entrepreneurship are the values inherent in commercial rules and law. But beyond law, there is also the need for ethical convictions and for global solidarity with developing countries. This book offers new ideas for future sustainable development and responds to an increasing need for a new sense of responsibility for the common good in societal institutions and good leadership. |
| Illustrations: |
4 Tables, black and white; XII, 260 p. |
| Publication: |
Netherlands |
| Imprint: |
Springer |
| Returns: |
Returnable |
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