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The Political Economy of Business Ethics in East Asia: A Historical and Comparative Perspective deals with modes of ethical persuasion in both public and private sectors of the national economy in East Asia, from the periods of the fourteenth century, to the modern era. Authors in this volume ask how, and why, governments in pre-modern Joseon Korea, modern Korea, and modern Japan used moral persuasion of different kinds in designing national economic institutions. Case studies demonstrate that the concept of modes of exchange first developed by John Lie (1992) provides a more convincing explanation on the evolution of pre-modern and modern economic institutions compared with Marx's modes of production as historically-specific social relations, or Smith's free market as a terminal stage of human economic development. The pre-modern and modern cases presented in this volume reveal that different modes of exchange have coexisted throughout human history. Furthermore, business ethics or corporate social responsibility is not a purely European economic ideology because manorial, market, entrepreneurial, and mercantilist moral persuasions had widely been used by state rulers and policymakers in East Asia for their programs of advancing dissimilar modes of exchange. In a similar vein, the domination of the market and entrepreneurial modes in the twenty-first century world is also complemented by other competing modes of change, such as state welfarism, public sector economies, and protectionism. - Compares Chinese, Japanese, and Korean business ethics from a comparative and historical context - Explores recent theoretical approaches to capitalist development in modern history in non-Western regions - Discusses the theoretical usefulness of new institutionalism, modes of exchange, and neoclassical discussions of business ethics - Evaluates historical texts in their own languages in its attempt to compare Chinese, Japanese, and Korean business ethics in the pre-modern and modern times
Integrative Economic Ethics is a highly original work that progresses through a series of rational and philosophical arguments to address foundational issues concerning the relationship between ethics and the market economy. Rather than accepting market competition as a driver of ethical behaviour, the author shows that modern economies need to develop ethical principles that guide market competition, thus moving business ethics into the realms of political theory and civic rationality. This book was in its fourth edition in the original German in 2008, this English translation of Peter Ulrich's development of a fresh integrative approach to economic ethics will be of interest to all scholars and advanced students of business ethics, economics, and social and political philosophy.
This book provides an introduction to the relationship between economics and ethics, explaining why ethics enters economics, how ethics affects individual economic behaviour and the interactions of individuals, and how ethics is important in evaluating the performance of economies and of economic policies.
The new economy is characterized in the developing world by open capital markets and coordinated international regulation - neither of which existed in the colonial period.
The Ethics of Development: An Introduction systematically and comprehensively examines the ethical issues surrounding the concept of development. The book addresses important questions such as: What does development mean? Is there a human right to development? If we aim for sustainable development in an age of global climate change, should developed nations sacrifice economic growth for the sake of allowing developing countries to catch up? Should eradication of poverty or diminution of radical inequality be the principal focus of developmental policy? What are the macroeconomic theories of development? And how have they informed development policy? How does development work in practice? Featuring case studies throughout, this textbook provides a philosophical introduction to an incredibly topical issue studied by students within the fields of applied ethics, global justice, economics, politics, sociology, and public policy.
Economists, philosophers, and policy experts from the Global North and South advance the conversation on the ethical dimensions of agency and democracy in development. These diverse essays from leading development academics and practitioners will interest students and scholars of global justice, international development and political philosophy.
The development process involves many difficult social issues and ethical questions. This book formulates the general principles underlying ethical strategies in development and then illustrates their potential for application in a number of key issue areas.
This book provides a fresh perspective on international development. By integrating ethical concepts and moral philosophy with political economy, Nikos Astroulakis and Nikolaos Karagiannis explore three levels of ethical analysis: meta-ethical, normative ethical, and applied ethical. This approach underscores the importance of ethics in shaping development goals and strategies tailored to an individual society. The book uses a framework rooted in heterodox political economy to redefine what it means to be a "good society." It challenges conventional economic models and proposes development ethics as a compelling alternative. Readers will discover new ways to understand the purpose of development and innovative methods to evaluate its success. Development Ethics explains how ethical principles can transform development policies, making it an essential read for those committed to building a more just and equitable world.
Offering a compelling critique of orthodox economic analysis in the public realm, Mike Berry exposes the lack of development in economic thinking in public policy since the economic crisis of 2008. Focusing on both the ethically unacceptable outcomes of recent public policy and the threat of populism and rising nationalism, this book offers noteworthy suggestions for an alternative social democratic future. Both students and practitioners of heterodox economics and public policy will find this a compelling insight into the ethical concerns and social impacts raised by the political ascendency of neoliberal policies in recent decades.