Civilized Market Economy: Embedding Market Economy in Civil Society
ISBN
978-3-8305-3431-0
Type
book section
Date Issued
2016-06
Author(s)
Editor(s)
Krylov, Alexander N.
Abstract
Something must have gone wrong with the modern project of liberal society and market economy: economic progress doesn’t any longer enlarge citizens’ real freedom and improve the social situation. Rather, it develops inherent necessities which seem to turn against the weaker part of society. Especially in European countries, the welfare state is running behind, fighting against the symptoms of “exploding” social costs of private business. The challenge of today is to rethink the principles of a well-ordered society of free and equal citizens and to re-embed market economy into these principles, or in brief: to “civilize” market economy. From an ethical point of view, real civic freedom takes precedence over “free markets”. Such a republican liberalism is essentially different from market liberalism. With the core idea of economic citizenship rights, a new perspective of emancipatory social progress comes into view.
Language
English
Keywords
Civilized market economy
Economic ethics
Economic citizenship rights
Republican liberalism
Social progress
HSG Classification
contribution to scientific community
HSG Profile Area
SHSS - Kulturen, Institutionen, Maerkte (KIM)
Book title
Handbuch zur Europäischen Wirtschaftsethik -- business ethics: expectations of society and the social sensitisation of business
Publisher
BWV - Berliner Wissenschafts-Verlag
Publisher place
Berlin
Start page
257
End page
266
Pages
10
Subject(s)
Division(s)
Eprints ID
248644
File(s)![Thumbnail Image]()
open.access
Name
Civilized Market Economy_PUlrich_2016.pdf
Size
158.41 KB
Format
Adobe PDF
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