Free Markets and the Culture of Common Good
Editors: Schlag, Martin, Mercado, Juan Andrés (Eds.)
Free Preview- 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
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- About this book
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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.
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Bibliographic Information
- Bibliographic Information
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- Book Title
- Free Markets and the Culture of Common Good
- Editors
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- Martin Schlag
- Juan Andrés Mercado
- Series Title
- Ethical Economy
- Series Volume
- 41
- Copyright
- 2012
- Publisher
- Springer Netherlands
- Copyright Holder
- Springer Netherlands
- eBook ISBN
- 978-94-007-2990-2
- DOI
- 10.1007/978-94-007-2990-2
- Hardcover ISBN
- 978-94-007-2989-6
- Softcover ISBN
- 978-94-017-8404-7
- Series ISSN
- 2211-2707
- Edition Number
- 1
- Number of Pages
- XII, 260
- Topics
