Skip to main content
  • Book
  • © 2012

Free Markets and the Culture of Common Good

  • Answers the growing awareness of a need for ethics in society

  • Proposes a marriage between free markets and social responsibility

  • Offers possible solutions to the cultural crisis in the basic institutions of society

  • Develops an idea of the common good that is broadly accessible to society

Part of the book series: Ethical Economy (SEEP, volume 41)

Buying options

eBook USD 129.00
Price excludes VAT (USA)
  • ISBN: 978-94-007-2990-2
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book USD 169.00
Price excludes VAT (USA)
Hardcover Book USD 169.00
Price excludes VAT (USA)

This is a preview of subscription content, access via your institution.

Table of contents (17 chapters)

  1. Front Matter

    Pages i-xi
  2. Free Market Economy and the Role of State Authorities

    1. Front Matter

      Pages 1-1
  3. Social Responsibility, Entrepreneurship and Virtues

    1. Front Matter

      Pages 165-165

About this book

Recent economic development and the financial and economic crisis require a change in our approach to business and finance. This book combines theology, economy and philosophy in order to examine in detail the idea that the functioning of a free market economy depends upon sound cultural and ethical foundations.

The free market is a cultural achievement, not only an economic phenomenon subject to technical rules of trade and exchange. It is an achievement which lives by and depends upon the values and virtues shared by the majority of those who engage in economic activity. It is these values and virtues that we refer to as culture. Trust, credibility, loyalty, diligence, and entrepreneurship are the values inherent in commercial rules and law. But beyond law, there is also the need for ethical convictions and for global solidarity with developing countries. This book offers new ideas for future sustainable development and responds to an increasing need for a new sense of responsibility for the common good in societal institutions and good leadership.

Keywords

  • Business Ethics
  • CSR
  • Capitalism and Social Change
  • Caritas in Veritate
  • Catholic Social Teaching
  • Christian Tradition and Modern Economy
  • Common Good
  • Corporate Social Responsibility
  • Culture of Common Good
  • Culture of Greed
  • Ethical Dimensions of Finance
  • Financial Rewards
  • Free Market Economy
  • Free Markets and the Common Good
  • Market Efficiency
  • Martin Rhonheimer
  • Papal Encyclical
  • Periods of Crisis
  • Rerun Novarum
  • Role of State Authorities in Economic Sectors
  • SME's
  • Small and Medium Enterprise
  • Social Responsibility
  • Social Teaching of the Church

Editors and Affiliations

  • , Moral Theology, Pontificia Universita' della Santa Croce, Rome, Italy

    Martin Schlag

  • , Philosophy, Pontificia Universita' della Santa Croce, Rome, Italy

    Juan Andrés Mercado

Bibliographic Information

Buying options

eBook USD 129.00
Price excludes VAT (USA)
  • ISBN: 978-94-007-2990-2
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book USD 169.00
Price excludes VAT (USA)
Hardcover Book USD 169.00
Price excludes VAT (USA)