Ethics as Part of a New Regulation Scheme - Global Trends and European Specificities

Bernard Perret

Zeitschrift für Wirtschafts- und Unternehmensethik - Journal for Business, Economics & Ethics, 2008, vol. 9, issue 1, 58 - 68

Abstract: This paper analyses the development of economic and business ethics as an element of a new regulation scheme of the capitalist economy. It is argued that a more formal recourse to ethical justifications is becoming more indispensable due to a lesser relevance and/or efficiency of other mechanisms of social ‘embeddedness’ of the economic system. The paper will then also analyse the specific influence of the European process on this evolution, showing that the constitutive logic of this process tends to promote individualistic values and procedural norms.

Keywords: Regulation; Embeddedness; Economic Change; European Unification Process (search for similar items in EconPapers)
JEL-codes: A13 M20 O52 (search for similar items in EconPapers)
Date: 2008
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Zeitschrift für Wirtschafts- und Unternehmensethik - Journal for Business, Economics & Ethics is currently edited by Prof. Dr. Thomas Beschorner (St.Gallen, Schweiz), Dr. Markus Breuer (Berlin), Prof. Dr. Dr. Alexander Brink (Bayreuth und Witten/Herdecke), Dr. Bettina Hollstein (Erfurt), Dr. Marc C. Huebscher (Hamburg) and Dr. Olaf J. Schumann (Frankfurt a.M.)

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