Moral Capitalism

Stephen B. Young

Chapter 12 in Development Models, Globalization and Economies, 2006, pp 200-216 from Palgrave Macmillan

Abstract: Abstract I question whether the Anglo-Saxon model of development, or American capitalism, is the true face of capitalism. Its proponents passionately argue that aggressive individualism in competition for the highest cash returns is not only the heart and soul of capitalism, but also produces the greatest good for the greatest number of persons. And, equally, opponents of the Anglo-Saxon model accept it at face value as a pure type of capitalist rationality.

Keywords: Social Capital; Human Dignity; Business Behaviour; Multilateral Trade; Fair Competition (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52355-5_12

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DOI: 10.1057/9780230523555_12

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