David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 53 (1-2):191-201 (2004)
Our economic system, the market economy, is a part of a broader system or "society." We frequently study the operation of the market economy as if it were autonomous, even though there are many complex and mutual relationships between society, the economic system and the other systems - political, cultural, religious, legal, etc. - that form part of society. In a market economy we may identify several components: a frame or background in which the economic activity takes place, a set of ideas and theories, the values shared by this society, the set of institutions, norms and rules that control the economic behavior of people, and the incentives or motivations of the economic agents. The play of these elements defines the operation of a market economy. Is ethics an institution, or does it belong to the set of values and ideas? In this paper I will discuss the role of institutions, norms and rules in society, with special reference to the economic system, in order to gain insight into the relationship between institutions and ethics. I study first the concept and features of social institutions and norms; second, institutional change, and third, the relationship between ethics and institutions
|Keywords||ethics institutional change institutions spontaneous order|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Ariane Berthoin Antal, Maria Oppen & André Sobczak (2009). (Re)Discovering the Social Responsibility of Business in Germany. Journal of Business Ethics 89 (3):285 - 301.
Frances Chua & Asheq Rahman (2011). Institutional Pressures and Ethical Reckoning by Business Corporations. Journal of Business Ethics 98 (2):307 - 329.
Andrew Yuengert (2011). Economics and Interdisciplinary Exchange in Catholic Social Teaching and “Caritas in Veritate”. Journal of Business Ethics 100 (S1):41-54.
Javier Aranzadi (2011). The Possibilities of the Acting Person Within an Institutional Framework: Goods, Norms, and Virtues. [REVIEW] Journal of Business Ethics 99 (1):87 - 100.
Ariane Berthoin Antal, Maria Oppen & André Sobczak (2009). (Re)Discovering the Social Responsibility of Business in Germany. Journal of Business Ethics 89 (S3):285-301.
Similar books and articles
Nico Stehr (2004). Knowledge, Markets and Biotechnology. Social Epistemology 18 (4):301 – 314.
Peter Ulrich (2008). Integrative Economic Ethics: Foundations of a Civilized Market Economy. Cambridge University Press.
Sigmund Wagner-Tsukamoto (2005). An Economic Approach to Business Ethics: Moral Agency of the Firm and the Enabling and Constraining Effects of Economic Institutions and Interactions in a Market Economy. [REVIEW] Journal of Business Ethics 60 (1):75 - 89.
John William Dienhart (2000). Business, Institutions, and Ethics: A Text with Cases and Readings. Oxford University Press.
Robert Elliott Allinson (2004). Circles Within a Circle: The Condition for the Possibility of Ethical Business Institutions Within a Market System. [REVIEW] Journal of Business Ethics 53 (1-2):17-28.
Albino Barrera (2007). Globalization and Economic Ethics: Distributive Justice in the Knowledge Economy. Palgrave Macmillan.
Desh Raj Sirswal (2011). Philosophy of Social Change: Need of an Indian Model. In , The Positive Philosophy.
Euclid Tsakalotos (2004). "Homo Economicus", Political Economy and Socialism. Science and Society 68 (2):137 - 160.
Added to index2009-01-28
Total downloads18 ( #105,751 of 1,410,450 )
Recent downloads (6 months)1 ( #177,872 of 1,410,450 )
How can I increase my downloads?