Wolf, Martin,
The Morality of the Market. Martin Wolf. - Foreign Policy, 2003. - SIRS Enduring Issues 2004. Article 106, Business, 1522-3191; .
Articles Contained in SIRS Enduring Issues 2004. Originally Published: The Morality of the Market, Sept./Oct. 2003; pp. 46-50.
"The market economy rests on and encourages valuable moral qualities; provides unprecedented opportunities for people to engage in altruistic activities; underpins individual freedom and democracy; and has created societies that are, in all significant respects, less unequal than the traditional hierarchies that preceded them. In short, capitalism is the most inherently just economic system that humankind has ever devised." (FOREIGN POLICY) The author refutes market economy critics who "charge that capitalism creates gross inequality, inflicts environmental destruction, and undermines democracy."
1522-3191;
Business ethics
Capitalism
Equality
Free enterprise
Social ethics
AC1.S5
050
The Morality of the Market. Martin Wolf. - Foreign Policy, 2003. - SIRS Enduring Issues 2004. Article 106, Business, 1522-3191; .
Articles Contained in SIRS Enduring Issues 2004. Originally Published: The Morality of the Market, Sept./Oct. 2003; pp. 46-50.
"The market economy rests on and encourages valuable moral qualities; provides unprecedented opportunities for people to engage in altruistic activities; underpins individual freedom and democracy; and has created societies that are, in all significant respects, less unequal than the traditional hierarchies that preceded them. In short, capitalism is the most inherently just economic system that humankind has ever devised." (FOREIGN POLICY) The author refutes market economy critics who "charge that capitalism creates gross inequality, inflicts environmental destruction, and undermines democracy."
1522-3191;
Business ethics
Capitalism
Equality
Free enterprise
Social ethics
AC1.S5
050