Making Globalization Good: The Moral Challenges of Global Capitalism

Making Globalization Good: The Moral Challenges of Global Capitalism

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Synopsis

Many of us have a sense of unease about current trends in global capitalism and global society. Inequalities and conflict seem endemic; much vaunted technological innovations seem unable to deliver structural change and development in many parts of the world; and ideological conflicts may be more intense than during the cold war. Shirley Williams, and a dozen other leading thinkers in The central point of debate in this book is identify and evaluate the moral challenges of what contributors refer to as 'responsible global capitalism'. How can we develop a global economic architecture which is economically efficient, morally acceptable geographically inclusive and sustainable over time? moral issues which global capitalism must answer. If global capitalism - arguably the most efficient wealth creation system currently known to man - is to be both economically viable and socially acceptable, each of its four constituent institutions (markets, governments, supranational agencies, and civil society) must not only be technically and administratively competent, but also be buttressed and challenged by a strong ethical ethos. How can we develop a global economic architecture which is The editor John Dunning is one of the most distinguished and widely acclaimed scholars in international business. He has gathered together a stellar group of academics, politicians, and moralists to address the fundamental issues of our economic and moral systems. Gordon Brown, Jonathan Sacks, Joseph Stiglitz, Hans Kung, Micahael Novak, Shirley Williams, and a dozen other leading thinkers in international business and ethics identify the pressing moral issues which global capitalism must answer. sustainable over time? Recognizing that solutions will not come from any one quarter, and that any serious discussion of a just and equitable system must embrace questions of ethics and faith, the book approaches the issues from a range of different disciplines and forums.

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More Information

Format: Hardcover
Pages: 400
Publisher: OUP Oxford
Published: 17 Apr 2003

ISBN 10: 0199257019
ISBN 13: 9780199257010

Media Reviews
This important book is about reforming the global economic system rather than replacing it; and it is reform with a decidedly moral flavour ... clear and useful introduction, overview and conclusion by John Dunning its editor. Islam and Christian-Muslim Relations ... this is an eminently sane book written by sensible observers. Times Higher Education Supplement This book provides compelling arguments and practical solutions to one of the most important questions of our time: How do markets and society relate to each other and how can the moral challenge of global capitalism be met? The rich ideas presented are of great relevance to policy makers and practitioners alike. Georg Kell, Executive Head,Global Compact,Office of the Secretary General United Nations In the opinion of the majority of the world's population global capitalism is under judgement. This timely and very important book addresses the moral questions that demand answers and should be required reading for all business leaders, politicians and all who long for a better world. Lord Carey of Clifton This book explores one of most fundamental questions of our time - the relationship between business and society and its moral underpinning. The arguments made are powerful and important for policy makers, business people and scholars alike. Clearly, the book fills an important void in discussions about globalization and gives valuable perspectives and practical solutions towards a more responsible global capitalism. Georg Kell, Executive Head Global Compact Office of the Secretary General United Nations
Author Bio

John Dunning is Emeritus Professor of International Business at the University of Reading, and State of New Jersey Professor of International Business at Rutgers University. He has been researching into the economics of international direct investment and the multinational enterprise since the 1950's and has authored, co-authored or edited numerous books on this subject and on industrial and regional economics.