Overview
- Answers the growing awareness of a need for ethics in society
- Proposes a marriage between free markets and social responsibility
- Offers possible solutions to the cultural crisis in the basic institutions of society
- Develops an idea of the common good that is broadly accessible to society
Part of the book series: Ethical Economy (SEEP, volume 41)
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Table of contents (17 chapters)
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FREE MARKET ECONOMY AND THE ROLE OF STATE AUTHORITIES
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SOCIAL RESPONSIBILITY, ENTREPRENEURSHIP AND VIRTUES
Keywords
- Business Ethics
- CSR
- Capitalism and Social Change
- Caritas in Veritate
- Catholic Social Teaching
- Christian Tradition and Modern Economy
- Common Good
- Corporate Social Responsibility
- Culture of Common Good
- Culture of Greed
- Ethical Dimensions of Finance
- Financial Rewards
- Free Market Economy
- Free Markets and the Common Good
- Market Efficiency
- Martin Rhonheimer
- Papal Encyclical
- Periods of Crisis
- Rerun Novarum
- Role of State Authorities in Economic Sectors
- SME's
- Small and Medium Enterprise
- Social Responsibility
- Social Teaching of the Church
About this book
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.
Editors and Affiliations
Bibliographic Information
Book Title: Free Markets and the Culture of Common Good
Editors: Martin Schlag, Juan Andrés Mercado
Series Title: Ethical Economy
DOI: https://doi.org/10.1007/978-94-007-2990-2
Publisher: Springer Dordrecht
eBook Packages: Humanities, Social Sciences and Law, Philosophy and Religion (R0)
Copyright Information: Springer Netherlands 2012
Hardcover ISBN: 978-94-007-2989-6Published: 21 April 2012
Softcover ISBN: 978-94-017-8404-7Published: 09 May 2014
eBook ISBN: 978-94-007-2990-2Published: 23 April 2012
Series ISSN: 2211-2707
Series E-ISSN: 2211-2723
Edition Number: 1
Number of Pages: XII, 260
Topics: Ethics, Economic Theory/Quantitative Economics/Mathematical Methods, Religious Studies, general