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From free to civilized trade

A European perspective

Bibliographic Data

ID9256975
AuthorsJakob Kapeller (0000-0002-7538-9706, Johannes Kepler University of Linz, corresponding author), Bernhard Schütz (0000-0002-9449-5088, Johannes Kepler University of Linz), Dennis Tamesberger (Chamber of Labour)
Year2016
Volume74
Issue3
Pages320-328
Publication date2016-07-02
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueReview of Social Economy (JOURNAL)
Journal identifiersISSN: 0034-6764 • E-ISSN: 1470-1162
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00346764.2016.1168033
OpenAlexW2339627892
LanguageEN
Citations received5
References cited21

In the context of unfettered international competition, free trade tends to undermine basic moral concepts such as justice, dignity, and fairness. Therefore, we suggest moving to a new understanding of markets in international trade, which we call ‘civilized markets’. A civilized market tries to ensure that free entrepreneurship and open markets are eventually compatible with those basic and universal values that also serve as moral cornerstones of the European project. In order to accomplish a civilized market, we propose to establish a new European institution with a mandate to set and enforce minimum standards for goods sold on the European market

Competition (biology) · Context (archaeology) · Dignity · Economic Justice · Economics · Entrepreneurship · Free market · International trade · Law and economics · Mandate · Neoclassical economics · Order (exchange) · Political science · Economic and Social Issues · Economic Theory and Institutions · Global Economic and Social Development · Law

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Unique citing works5
Citations per year0,83
Citation span2020 - 2023 (4)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 5

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