The Morality of the Market. Martin Wolf.
by Wolf, Martin; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 106Business. Publisher: Foreign Policy, 2003ISSN: 1522-3191;.Subject(s): Business ethics | Capitalism | Equality | Free enterprise | Social ethicsDDC classification: 050 Summary: "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."| Item type | Current location | Call number | Status | Date due |
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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."
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