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Rarely discussed in the literature, the book defines human rights as public goods. This innovative perspective connects human rights to public wealth (see Chapter 5), characterized by non-rivalry and non-excludability and assessed as “good” – not “bad” – in ethical terms. Human rights are often understood as individual claims addressed to governments or other actors while ignoring their public good character. Some examples illustrate this widespread attitude that is only challenged when the public costs of human rights repression becomes evident. Like public goods in general, human rights can be final goods (or goals to be achieved for themselves) or intermediate goods (or means to realize other goods or rights). This means that securing human rights has far-reaching positive consequences while abusing human rights generates severe public bads by also violating other human rights and causing economic and social harm. – Due to their public good character, two wide-ranging implications follow: Human rights cannot be achieved by market institutions, but need collective actions at multiple levels of society; and self-regarding motivations alone inevitably fail to establish, fulfill and guarantee human rights, whence other-regarding motivations are indispensable.
Georges Enderle proposes a radically new understanding of corporate responsibility in the global and pluralistic context. This book introduces a framework that integrates the ideas of wealth creation and human rights, which is illustrated by multiple corporate examples, and provides a sharp critique of the maximizing shareholder value ideology. By defining the purpose of business enterprises as creating wealth in a comprehensive sense, encompassing natural, economic, human and social capital while respecting human rights, Enderle draws attention to the fundamental importance of public wealth, without which private wealth cannot be created. This framework further identifies the limitations of the market institution and self-regarding motivations by demonstrating that the creation of public wealth requires collective actors and other-regarding motivations. In line with the UN's Guiding Principles on Business and Human Rights, this book provides clear ethical guidance for businesses around the world and a strong voice against human right violations, especially in repressive and authoritarian regimes and populist and discriminatory environments.
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