Book contents
- In Search of a Moral Foundation for Capitalism
- In Search of a Moral Foundation for Capitalism
- Copyright page
- Dedication
- Contents
- Preface
- Acknowledgments
- 1 Introduction
- 2 The Moral Economist
- 3 Religion as a Moral Foundation
- 4 Humanism as a Moral Foundation
- 5 Self-Interest as a Moral Foundation
- 6 Neoclassical Economists Join the Search
- 7 Rescuing Capitalism from the Capitalists
- 8 The Promise of Capitalism
- References
- Index
1 - Introduction
The Continuing Demand for a Moral Foundation
Published online by Cambridge University Press: 23 November 2023
- In Search of a Moral Foundation for Capitalism
- In Search of a Moral Foundation for Capitalism
- Copyright page
- Dedication
- Contents
- Preface
- Acknowledgments
- 1 Introduction
- 2 The Moral Economist
- 3 Religion as a Moral Foundation
- 4 Humanism as a Moral Foundation
- 5 Self-Interest as a Moral Foundation
- 6 Neoclassical Economists Join the Search
- 7 Rescuing Capitalism from the Capitalists
- 8 The Promise of Capitalism
- References
- Index
Summary
In Chapter 1, I address the continuing demand for a moral foundation for capitalism from the perspective of business leaders, business educators, and policymakers. These parties have been heavily impacted by the neoclassical economic view of capitalism based on narrow self-interest. I begin by discussing the demand for a moral foundation from the perspective of business leaders attempting to return to the stakeholder view of corporate responsibility that existed before the influence of the Chicago School. Next, I discuss the demand from the perspective of business educators attempting to return to the moral foundation provided by the early founders of the university-based business school. Finally, I discuss the demand from the perspective of policymakers attempting to return to an enlightened public policy that meets the broader needs of capitalist society. I conclude by outlining the leading characters and themes contained in this book. The search for a moral foundation for capitalism is not new. It has a long history going back to Adam Smith and the Scottish Enlightenment. The purpose of this book is to tell the story of this search through the lives and writings of its leading characters.
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- In Search of a Moral Foundation for CapitalismFrom Adam Smith to Amartya Sen, pp. 1 - 20Publisher: Cambridge University PressPrint publication year: 2023