Corporate Capitalism and the Common Good: A Framework for Addressing the Challenges of a Global Economy
This article ventures a framework for assessing the contributions capitalism might make to the common good. Capitalism has manifest strengths—efficiency, growth, support for human freedoms, encouragement for collaboration among nations that are not natural allies. Processes that generate these goods...
| Main Author: | |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Wiley-Blackwell
2002
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| In: |
Journal of religious ethics
Year: 2002, Volume: 30, Issue: 1, Pages: 79-106 |
| Further subjects: | B
gross domestic product
B sustainable growth B human development index B preferential option for the poor B the development of human capabilities |
| Online Access: |
Presumably Free Access Volltext (JSTOR) Volltext (lizenzpflichtig) Volltext (lizenzpflichtig) |
| Parallel Edition: | Non-electronic
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| 520 | |a This article ventures a framework for assessing the contributions capitalism might make to the common good. Capitalism has manifest strengths—efficiency, growth, support for human freedoms, encouragement for collaboration among nations that are not natural allies. Processes that generate these goods have negative consequences as well—the exploitation of labor, environmental harm, the marginalization of the “least advantaged,” the reduction of politics to strategies for advancing special interests. To constrain the negative consequences, public oversight is necessary. The challenge is to devise policies that will limit the harms while protecting conditions that enable free markets to flourish. The paper concludes with an illustrative sketch of policy proposals that exemplify this goal. | ||
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