Moral Capitalism: Reconciling Private Interest with the Public Good
The world is drifting without a clear plan for its economic development. Communism is dead, but in the wake of Enron and similar scandals, many see capitalism as amoral and too easily abused. A blueprint for progress is needed and Moral Capitalism provides one.
Moral Capitalism is based on principles developed by the Caux Round Table, an extraordinary international network of top business executives who believe that business can--and must--weigh both profit and principle. Caux Round Table's global chair, Stephen Young, argues that the ethical standards inherent in capitalism have been compromised by cultural values inimical to capitalism's essentially egalitarian, rational spirit, and distorted by the short-sighted dog-eat-dog doctrines of social Darwinism into what he calls brute capitalism. He demonstrates how the Caux Round Table's Seven General Principles for Business can serve as a blueprint for a new moral capitalism, and explores in detail how, if guided by these principles, capitalism is really the only system with the potential to reduce global poverty and tyranny and address the needs and aspirations of individuals, societies, and nations.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
accounting action advantage American become behavior better billion bring brute called Caux Round Table Chapter character citizens competition concerns considered consumers contribute corporate cost countries create Criterion CRT Principles culture customers decision demands dependency dignity directors duty earnings economic employees Enron enterprise environment ethical executive forces give global goals higher human ideals improve individual interests investment investors lead leaders leadership living Lower means mind moral capitalism nature needs owners political poor practices prevent Principles for Business profit promote relationship requires respect responsibility risk rules secure seek self-interest sense serve share Smith social social capital society South Korea stakeholder standards success suppliers sustainable tion trade trust virtue wealth workers York