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1 - Introduction

The Continuing Demand for a Moral Foundation

Published online by Cambridge University Press:  23 November 2023

Douglas E. Stevens
Affiliation:
Georgia State University
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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.

Type
Chapter
Information
In Search of a Moral Foundation for Capitalism
From Adam Smith to Amartya Sen
, pp. 1 - 20
Publisher: Cambridge University Press
Print publication year: 2023

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  • Introduction
  • Douglas E. Stevens, Georgia State University
  • Book: In Search of a Moral Foundation for Capitalism
  • Online publication: 23 November 2023
  • Chapter DOI: https://doi.org/10.1017/9781009434423.002
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  • Introduction
  • Douglas E. Stevens, Georgia State University
  • Book: In Search of a Moral Foundation for Capitalism
  • Online publication: 23 November 2023
  • Chapter DOI: https://doi.org/10.1017/9781009434423.002
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Introduction
  • Douglas E. Stevens, Georgia State University
  • Book: In Search of a Moral Foundation for Capitalism
  • Online publication: 23 November 2023
  • Chapter DOI: https://doi.org/10.1017/9781009434423.002
Available formats
×