Understanding social welfare capitalism, private property, and the government's duty to create a sustainable environment
Graduate studies at Western
Journal of Business Ethics 89 (3):351-369 (2009)
|Abstract||No one would deny that sustainability is necessary for individual, business, and national survival. How this goal is to be accomplished is a matter of great debate. In this article I will show that the United States and other developed countries have a duty to create sustainable cities, even if that is against a notion of private property rights considered as an absolute. Through eminent domain and regulation, developed countries can fulfill their obligations to current and future generations. To do so, the governments must reject perfectly competitive free market capitalism and the absolute right to private property, and more fully adopt social welfare capitalism as their economic system. The result will be a sustainable society that balances democracy, individual rights and individual flourishing with the community’s flourishing.|
|Keywords||capitalism eminent domain sustainability environment social welfare private property|
|Categories||categorize this paper)|
|Through your library||Configure|
Similar books and articles
Gerald Gaus (2003). Backwards Into the Future: Neorepublicanism as a Postsocialist Critique of Market Society. Social Philosophy and Policy 20 (1):59-91.
Richard P. Nielsen (2008). The Private Equity-Leveraged Buyout Form of Finance Capitalism: Ethical and Social Issues, and Potential Reforms. Business Ethics Quarterly 18 (3):379-404.
William A. Galston (2007). Why the New Liberalism Isn't All That New, and Why the Old Liberalism Isn't What We Thought It Was. Social Philosophy and Policy 24 (1):289-305.
Richard P. Nielsen (2008). The Private Equity-Leveraged Buyout Form of Finance Capitalism. Business Ethics Quarterly 18 (3):379-404.
John Rosenthal (2000). On Two "Models" of Capitalism. Science and Society 64 (4):424 - 459.
Roger Pilon (1982). Capitalism and Rights: An Essay Toward Fine Tuning the Moral Foundations of the Free Society. [REVIEW] Journal of Business Ethics 1 (1):29 - 42.
B. Andrew Lustig (1993). Property, Justice, and the Common Good: A Response to Paul J. Weithman. Journal of Religious Ethics 21 (1):181 - 187.
Michael Harrington (1982). Is Capitalism Still Viable? Journal of Business Ethics 1 (4):281 - 284.
Dennis R. Cooky (2009). Understanding Social Welfare Capitalism, Private Property, and the Government's Duty to Create a Sustainable Environment. Journal of Business Ethics 89 (3):351 - 369.
Added to index2009-01-28
Total downloads28 ( #49,908 of 739,366 )
Recent downloads (6 months)1 ( #61,680 of 739,366 )
How can I increase my downloads?