Exporting Mental Models: Global Capitalism in the 21st Century

Patricia H. Werhane

Business Ethics Quarterly, 2000, vol. 10, issue 1, 353-362

Abstract: The most serious ethical challenge facing multinational corporations in the next century is their exportation of the mental model of Western-style capitalism. This model promises that industrialized free enterprise in a free trade global economy, where businesses and entrepreneurs can pursue their interests competitively without undue regulations or labor restrictions, will produce growth and well-being, i.e., economic good, in every country or community where this phenomenon is allowed to operate. This paper points to some limitations to this model and illustrates how multinational corporations might meet this challenge.

Date: 2000
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