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Making Globalization Good: The Moral Challenges of Global Capitalism
 
 

Making Globalization Good: The Moral Challenges of Global Capitalism [Kindle Edition]

John Dunning

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Review

This important book is about reforming the global economic system rather than replacing it; and it is reform with a decidedly moral flavour ... clear and useful introduction, overview and conclusion by John Dunning its editor. (Islam and Christian-Muslim Relations )

... this is an eminently sane book written by sensible observers. (Times Higher Education Supplement )

This book provides compelling arguments and practical solutions to one of the most important questions of our time: How do markets and society relate to each other and how can the moral challenge of global capitalism be met? The rich ideas presented are of great relevance to policy makers and practitioners alike. (Georg Kell, Executive Head,Global Compact,Office of the Secretary General United Nations )

In the opinion of the majority of the world's population global capitalism is under judgement. This timely and very important book addresses the moral questions that demand answers and should be required reading for all business leaders, politicians and all who long for a better world. (Lord Carey of Clifton )

This book explores one of most fundamental questions of our time - the relationship between business and society and its moral underpinning. The arguments made are powerful and important for policy makers, business people and scholars alike. Clearly, the book fills an important void in discussions about globalization and gives valuable perspectives and practical solutions towards a more responsible global capitalism. (Georg Kell, Executive Head Global Compact Office of the Secretary General United Nations )

Times Higher Education Supplement

"... this is an eminently sane book written by sensible observers."

Product details

  • Format: Kindle Edition
  • File Size: 6943 KB
  • Print Length: 400 pages
  • Publisher: Oxford University Press, USA (24 May 2003)
  • Sold by: Amazon Media EU S.à r.l.
  • Language English
  • ASIN: B001M5U5SY
  • Text-to-Speech: Enabled
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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:  2 reviews
Making Globalization Good for the People 19 April 2011
By Alberto Ruiz Ortiz - Published on Amazon.com
Format:Paperback|Amazon Verified Purchase
Great book. Easy to read and easy to understand. It is to the MNEs advantage that the effectiveness of Globalization benefits the people because if it is not socially accepted it will not be sustainable. The book compares and analyzes the variety of beliefs, values, and religions that must be taken into account to make Globalization Good for the people.
5 of 12 people found the following review helpful
The Usual Suspects 13 July 2003
By Panopticonman - Published on Amazon.com
Format:Hardcover
In this volume we hear first from Deepak Lal in his essay "History, Morality and Capitalism," a tone-setting essay where the historians such as Louis Dumont and Michael Oakshott are cited in a condensed narrative of the worldwide history of mankind. Here we find Lal takes for granted man's inherent nature as a creature who wishes to "truck and barter," the Smithian assertion that much twentieth century ethnographic research has called into question. Yet Las makes this assertion as confidently as those made for centuries in the West that women have no souls, and that blacks have no right to their bodies, and in the East that Untouchables are unclean.

He moves to the "moral" and "historical" part of his essay by tracing the split between the Western and the Eastern traditional beliefs to the rise of capitalism to the restrictions of the early medieval Catholic Church. The church he claims changed the rules around the traditional distribution of patrimony by creating new laws and moral injunctions with respect to the distribution of wealth to heirs, injunctions which created a widow class who, because they were enjoined to follow the new law against remarriage after the death of a husband were ripe fruit for importunate priests who drew their fortunes into the church treasury. A very lucrative practice, this resulted in fabulous wealth for the medieval church according to Lal.

Lal also explores the Western moral and economic philosophers starting with St. Augustine's vision of the shining city on a hill, then moves to the high Enllightement with Kant's universalistic moral creed which sought to demostrate that man was naturally moral and that that God (though still alive) was not necessary to moral behavior. Lal notes that once Darwin declared "God is blind," and later Nietzche proclaimed that "God is dead" the confusions wrought by ultilitarianism and consequentialism thoroughly dis-enchanted the world. Through one of Nietzche's aphorisms -- "moral sensibilites are nowadays at such cross purposes that to one man a morality is proved by its utility, while to another its utility refutes it" -- the end of idealist philosophy is demonstrated.

Toward the end of the essay he suggests that any movement that would seek to undermine the trajectory of the capitalist economic ethos through a communalist or cooperative approach is "atavistic," and with that one word attempts to dismiss any evidence of or hope for less destructive arrangments among mankind. He uses the word at least three or four times, as if in its repitition it might become the more true. Another word he likes is Ecofundamentalists, a word he takes credit for inventing, and with which he attempts to discredit groups and people around the world who do not readily accede to what business theory eumphemistically calls "externalities," but which most people more simply call "pollution."

He finally ends the essay by suggesting international business consider a Humean common sense perspective. Hume, he says, saw that families have raised children to certain standards of behavior and "golden rule" beliefs for thousands of years without recourse to the potential divisiveness caused by different beliefs of followers of the various world religions diand. He maintains that it is these home truths of human behavior which should be invoked in global economic arrangements as they best represent the most common arrangements of humanity worldwide, a strategy which would avoid the misunderstandings generated between followers of various religions.

Similar to his earlier advancement of the universal creed of "truck and barter," is the practice of the universal home truths. Even if this assertion is to be granted, it prompts one to ask why capitalism should be allowed to piggy-back on these home truths, these relations which are generally altruistic or famlial in nature. Further, one could ask whether it is appropriate for capitialism to rely on these human arrangements given the self-seeking behavior promoted by capitalism. Will it not destroy the very arrangements it is piggy-backing on, or, more pointedly, isn't there ample proof that it has already? This essay is fairly representative of the essays in this volume; a dry, and supposedly "objective" manual designed for international business class and governmental and academic technocrats who have recently been forced by protests all over the world to examine the potential snarls they might run into as the world is remade in the image of the almighty dollar.


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