Power and Principle in the Market Place: On Ethics and Economics

by Jacob Dahl Rendtorff

Overview

In the global financial crisis, the need to develop a new kind of economy with a closer relation between ethics and economics has become an important challenge to the international society. This book contributes to this debate by investigating different aspects of global business ethics and corporate social responsibility which are becoming more and more important in the ongoing discussions on the relation between market institutions and democratic governments.

The different chapters of the book deal with fundamental philosophical issues of the ethics of the market economy, including discussions of the role of the social sciences and economics in contributing to a sustainable economics and global responsibility in the twenty-first century. In this sense, the book takes up the transnational debate on ethics and economics in order to contribute to a more balanced, fair, just and conscientious development in the world.

The book starts with a European perspective on these issues, based on philosophical, sociological and economic views from Europe. These views are further developed in order to share thoughts of how to improve corporate social responsibility, welfare and justice, and the advancement of ethical principles in the international context. It is argued that in the international community, good corporate citizenship as social and environmental responsibility is realized through individual and organizational cosmopolitan responsibility for fostering the common good for humanity.

The chapters of the book were originally presented at a conference in Copenhagen, organized together with the German Cultural Institute - the Goethe Institute of Copenhagen, Copenhagen Business School and Roskilde University, Denmark.

Product Details

ISBN-13:	9781409497257
Publisher:	Ashgate Publishing Ltd
Publication date:	02/28/2013
Series:	Law, Ethics and Economics
Sold by:	Barnes & Noble
Format:	eBook
File size:	2 MB

About the Author

Jacob Dahl Rendtorff is Professor of the Responsibility, Ethics and Legitimacy of Corporations at the Department of Communication, Business and Information Technologies at the Roskilde University Centre, Denmark. He is Director of Research and also Director of Business Studies at Roskilde University Centre. He published widely in the area of business ethics and corporate social responsibility.

Jacob Dahl Rendtorff, Peter Koslowski, Hans Joas, Niels Kærgård, Maria Bonnafous-Boucher, Christoph Luetge, Güler Aras, David Crowther, Mollie Painter-Morland, Susanne Holmström, Ole Thyssen, Kirsten Marie Bovbjerg, Karin Buhmann, Michael Blowfield, Ove K. Pedersen, Janet L. Borgerson, Peter Kemp.

Table of Contents

Contents: Introduction, Jacob Dahl Rendtorff; Ethical economy and business ethics: on the relationship between ethics and economics, Peter Koslowski; Value generalization – limitations and possibilities of a communication about values, Hans Joas; Corporate social responsibility, economic optimality and the interests of the poor, Niels Kærgård; Stakeholders, corporate social responsibility and global markets, Maria Bonnafous-Boucher; Economics and ethics: how to combine ethics and self-interest, Christoph Luetge; Business ethics between politics, ethics and economics, Jacob Dahl Rendtorff; Developing durability: a re-examination of sustainable corporate social responsibility, Güler Aras and David Crowther; Global principles (as)(or) ethical responsiveness: the case of sustainability rhetoric, Mollie Painter-Morland; Society's constitution and corporate legitimacy or why it might be unethical for business leaders to think with their heart, Susanne Holmström; Hide and seek in the dark – on the inherent ambiguity of CSR, Ole Thyssen; 'Ethics of sensitivity' – towards a new work ethic: new age in business life, Kirsten Marie Bovbjerg; Public-private development of CSR on the international stage: reflexivity and legitimacy, Karin Buhmann; Business and poverty – bridges and divides, Michael Blowfield; The ethical moment: ethics and economy in public administration, Ove K. Pedersen; On witnessing global ethics: a case of international health research involving human subjects, Janet L. Borgerson; The cosmopolitan story, Peter Kemp; Conclusion: outline of an epistemological methodology for integrating ethics and economics, Jacob Dahl Rendtorff; Index.