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Corporate Capitalism and the Common Good

A Framework for Addressing the Challenges of a Global Economy

Bibliographic Data

ID14760359
AuthorsThomas W Ogletree (corresponding author)
Year2002
Volume30
Issue1
Pages79-106
Publication date2002-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Religious Ethics (JOURNAL)
Journal identifiersISSN: 0384-9694 • E-ISSN: 1467-9795
PublisherWiley (PUBLISHER • GB)
DOI10.1111/1467-9795.00099
OpenAlexW1971852929
LanguageEN
Citations received3
References cited11

This article ventures a framework for assessing the contributions capitalism might make to the common good. Capitalism has manifest strengths—efficiency, growth, support for human freedoms, encouragement for collaboration among nations that are not natural allies. Processes that generate these goods have negative consequences as well—the exploitation of labor, environmental harm, the marginalization of the “least advantaged,” the reduction of politics to strategies for advancing special interests. To constrain the negative consequences, public oversight is necessary. The challenge is to devise policies that will limit the harms while protecting conditions that enable free markets to flourish. The paper concludes with an illustrative sketch of policy proposals that exemplify this goal

Capitalism · Economic system · Economics · Harm · Law and economics · Market economy · Political economy · Political science · Politics · Sketch · Economic Theory and Institutions · Economic Theory and Policy · Law · Sustainable Development and Environmental Policy

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Unique citing works3
Citations per year0,16
Citation span2007 - 2019 (13)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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